v3.26.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Mar. 28, 2026
Summary of Significant Accounting Policies (Tables) [Abstract]  
Contractually-Guaranteed Minimum Royalties
As of March 28, 2026, contractually-guaranteed minimum royalty amounts expected to be recognized as revenue during future periods were as follows:
Contractually-Guaranteed
Minimum Royalties(a)
(millions)
Fiscal 2027$100.5 
Fiscal 202874.0 
Fiscal 202951.4 
Fiscal 203038.3 
Fiscal 2031 and thereafter2.3 
Total$266.5 
(a)Amounts presented do not contemplate potential contract renewals or royalties earned in excess of contractually-guaranteed minimums.
Disaggregation of Revenue
Disaggregated Net Revenues
The following tables disaggregate the Company's net revenues into categories that depict how the nature, amount, timing, and uncertainty of revenues and cash flows are affected by economic factors for the fiscal years presented:
Fiscal Year Ended
March 28, 2026
North AmericaEuropeAsiaOtherTotal
(millions)
Sales Channel(a):
Retail$2,245.9 $1,262.5 $2,024.2 $— $5,532.6 
Wholesale1,083.7 1,276.4 79.3 — 2,439.4 
Licensing— — — 142.5 142.5 
Total$3,329.6 $2,538.9 $2,103.5 $142.5 $8,114.5 
Fiscal Year Ended
March 29, 2025
North AmericaEuropeAsiaOtherTotal
(millions)
Sales Channel(a):
Retail$2,034.4 $1,104.1 $1,631.6 $— $4,770.1 
Wholesale1,015.7 1,070.8 77.8 — 2,164.3 
Licensing— — — 144.6 144.6 
Total$3,050.1 $2,174.9 $1,709.4 $144.6 $7,079.0 
Fiscal Year Ended
March 30, 2024
North AmericaEuropeAsiaOtherTotal
(millions)
Sales Channel(a):
Retail$1,915.9 $971.3 $1,463.8 $— $4,351.0 
Wholesale1,034.6 996.7 102.8 — 2,134.1 
Licensing— — — 146.3 146.3 
Total$2,950.5 $1,968.0 $1,566.6 $146.3 $6,631.4 
(a)Net revenues from the Company's retail and wholesale businesses are recognized at a point in time. Net revenues from the Company's licensing business are recognized over time.
Shipping and Handling Charges A summary of shipping and handling costs recognized during the fiscal years presented is as follows:
 Fiscal Years Ended
 March 28,
2026		March 29,
2025		March 30,
2024
 (millions)
Shipping costs$101.8 $92.2 $81.7 
Handling costs
184.1 167.9 171.2 
Summary of Basic and Diluted shares
The weighted-average number of common shares outstanding used to calculate basic net income per common share is reconciled to shares used to calculate diluted net income per common share as follows:
 Fiscal Years Ended
 March 28,
2026		March 29,
2025		March 30,
2024
 (millions)
Basic shares61.0 62.6 65.2 
Dilutive effect of RSUs1.3 1.4 1.3 
Diluted shares62.3 64.0 66.5 
Supplier Finance Program
A rollforward of obligations confirmed as valid under the Company's supplier finance program is presented as follows:
Fiscal Years Ended
March 28,
2026		March 29,
2025
(millions)
Beginning obligations outstanding$181.0 $129.2 
Invoices confirmed during the year1,021.0 935.3 
Confirmed invoices paid during the year(1,030.3)(883.5)
Foreign currency translation0.4 — 
Ending obligations outstanding$172.1 $181.0 
Sales Returns and Allowances [Member]  
Summary of Significant Accounting Policies (Tables) [Abstract]  
Rollforward of activity in the Company's allowance for doubtful accounts and its aggregate reserves for returns, discounts, end-of-season markdowns and operational chargebacks
A rollforward of activity in the Company's reserves for returns, discounts, end-of-season markdowns, operational chargebacks, and certain cooperative advertising allowances balance is presented as follows:
 Fiscal Years Ended
 March 28,
2026		March 29,
2025		March 30,
2024
 (millions)
Beginning reserve balance$147.6 $143.1 $148.1 
Amount charged against revenue to increase reserve506.4 454.3 450.7 
Amount credited against customer accounts to decrease reserve
(473.4)(449.9)(453.7)
Foreign currency translation3.8 0.1 (2.0)
Ending reserve balance$184.4 $147.6 $143.1 
Allowance for Doubtful Accounts [Member]  
Summary of Significant Accounting Policies (Tables) [Abstract]  
Rollforward of activity in the Company's allowance for doubtful accounts and its aggregate reserves for returns, discounts, end-of-season markdowns and operational chargebacks
A rollforward of activity in the Company's allowance for doubtful accounts balance is presented as follows:
 Fiscal Years Ended
 March 28,
2026		March 29,
2025		March 30,
2024
 (millions)
Beginning reserve balance$38.7 $32.2 $27.2 
Amount recorded to expense to increase reserve(a)
13.6 9.2 7.3 
Amount written-off against customer accounts to decrease reserve
(9.0)(2.7)(2.0)
Foreign currency translation1.0 — (0.3)
Ending reserve balance$44.3 $38.7 $32.2 
(a)Amounts recorded as bad debt expense are included within SG&A expenses in the consolidated statements of operations.