Capri Holdings Results Presentation Deck
Gross profit
Operating expenses
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
Total income from operations
Income before provision for income taxes
Provision for (benefit from) income taxes
Net (loss) income attributable to Capri
Weighted average diluted ordinary shares
outstanding
Diluted net (loss) income per ordinary share - Capri
1)
2)
$
$
GA
$
$
$
$
$
As
Reported
2,597
2,578
19
3
(62)
$
$
66 $
$
150,453,568
$
$
(0.41) $
Impairment
Charges (1)
(316)
316
316
51
265
1.74
Restructuring and
Other Charges (2)
$
CA
$
$
(32)
32
4
Fiscal Year Ended March 27, 2021
32 $
28
0.18
GA
GA
CA
Charitable
Donations
(20) $
20 $
20
COV ID-19 Related
Charges
5
$
15 $
0.10
$
$
10
(32)
42
42
4
38
0.25
$
$
$
$
GA
$
$
SA
$
ERP
Implementation
(2)
2
2
$
0.02
$
$
(1) $
3
$
$
$
Capri
Transformation
(4)
4
4
1
3
0.02
$
$
$
$
$
$
$
As
Adjusted
2,607
2,172
435
419
130
290
152,157,901
1.90
impairment charges of $153 million primarily related to operating lease right-of-use assets and fixed assets of our retail store locations. This amount also includes $94 million related to goodwill associated with the Jimmy Choo
wholesale and licensing reporting units and $69 million related to the Jimmy Choo brand in de finite-lived in tangible assets. The Jimmy Choo impairment charges were primarily related to higher discount rates in the current year
driven by a change in market factors as well as a shift in expected revenue and earnings mix to the retail segment.
Includes store closure costs which have been incorporated into the Capri Retail Store Optimization Program, other re structuring initia tives, and other costs recorded in connection with the acquisitions of Gianni Versace S.r.l. and
Jimmy Choo Group Limited.
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