XML 47 R36.htm IDEA: XBRL DOCUMENT v3.23.2
Segment Information (Tables)
 3 Months Ended
Jul. 01, 2023
Segment Reporting [Abstract]  
Key Performance Information of Reportable Segments The following table presents the key performance information of the Company’s reportable segments (in millions):
 Three Months Ended
 July 1,
2023		July 2,
2022
Total revenue:
Versace$259 $275 
Jimmy Choo183 172 
Michael Kors787 913 
Total revenue$1,229 $1,360 
Income from operations:
Versace$3 $52 
Jimmy Choo16 19 
Michael Kors130 222 
Total segment income from operations149 293 
Less: Corporate expenses
(71)(60)
Restructuring and other income (expense)2 (3)
COVID-19 related expenses— 1 
Total income from operations$80 $231 
Depreciation and Amortization Expense for Each Segment
Depreciation and amortization expense for each segment are as follows (in millions):
 Three Months Ended
 July 1,
2023		July 2,
2022
Depreciation and amortization:
Versace$13 $12 
Jimmy Choo7 7 
Michael Kors21 25 
Corporate4 1 
Total depreciation and amortization$45 $45 
Total Revenue (as Recognized Based on Country of Origin) Total revenue (based on country of origin) by geographic location are as follows (in millions):
 Three Months Ended
 July 1,
2023		July 2,
2022
Revenue:
The Americas (United States, Canada and Latin America) (1)
$632 $794 
EMEA372 364 
Asia225 202 
Total revenue$1,229 $1,360 
(1)Total revenue earned in the U.S. was $578 million and $733 million for the three months ended July 1, 2023 and July 2, 2022, respectively.