Birks (BGI) 20-F 17 Jun 21 2021 FY Annual report (foreign) Financial data

Cover Page

Cover Page	12 Months Ended
	Mar. 27, 2021shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Mar. 27, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Trading Symbol	BGI
Entity Registrant Name	BIRKS GROUP INC.
Entity Central Index Key	0001179821
Current Fiscal Year End Date	--03-27
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Interactive Data Current	Yes
Title of 12(b) Security	Class A Voting Shares
Security Exchange Name	NYSE
Entity Address, Country	CA
ICFR Auditor Attestation Flag	false
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	10,610,973
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	7,717,970
Series A Preferred Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 27, 2021	Mar. 28, 2020
Current assets:
Cash and cash equivalents	$ 1,807	$ 565
Accounts receivable and other receivables	7,307	6,019
Inventories	97,789	101,899
Prepaids and other current assets	2,044	2,007
Total current assets	108,947	110,490
Long-term receivables	5,673	4,538
Property and equipment	24,496	26,613
Operating lease right-of-use asset	57,670	64,069
Intangible assets and other assets	4,894	4,942
Total non-current assets	92,733	100,162
Total assets	201,680	210,652
Current liabilities:
Bank indebtedness	53,387	58,035
Accounts payable	37,975	48,183
Accrued liabilities	11,209	4,661
Current portion of long-term debt	2,960	64
Current portion of operating lease liabilities	6,298	5,823
Total current liabilities	111,829	116,766
Long-term debt	23,062	16,217
Long-term portion of operating lease liabilities	66,713	72,636
Other long-term liabilities	1,498	1,623
Total long-term liabilities	91,273	90,476
Stockholders' equity (deficiency):
Common stock	95,116	93,368
Preferred stock – no par value, unlimited shares authorized, none issued
Additional paid-in capital	18,259	19,131
Accumulated deficit	(114,700)	(108,862)
Accumulated other comprehensive loss	(97)	(227)
Total stockholders' equity (deficiency)	(1,422)	3,410
Total liabilities and stockholders' equity (deficiency)	201,680	210,652
Class A Common Stock [Member]
Stockholders' equity (deficiency):
Common stock	37,361	35,613
Class B Common Stock [Member]
Stockholders' equity (deficiency):
Common stock	$ 57,755	$ 57,755

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 27, 2021	Mar. 28, 2020
Common stock, shares outstanding	18,328,943	17,970,881
Preferred stock, par value	$ 0	$ 0
Preferred stock, shares issued	0	0
Class A Common Stock [Member]
Common stock, par value	$ 0	$ 0
Common stock, shares issued	10,610,973	10,252,911
Common stock, shares outstanding	10,610,973	10,252,911
Class B Common Stock [Member]
Common stock, par value	$ 0	$ 0
Common stock, shares issued	7,717,970	7,717,970
Common stock, shares outstanding	7,717,970	7,717,970

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Income Statement [Abstract]
Net sales	$ 143,068	$ 169,420	$ 151,049
Cost of sales	86,718	104,943	92,472
Gross profit	56,350	64,477	58,577
Selling, general and administrative expenses	53,713	65,867	67,106
Depreciation and amortization	5,458	4,845	3,859
Impairment of long-lived assets		309	46
Restructuring charges	0	0	1,182
Total operating expenses	59,171	71,021	72,193
Operating loss	(2,821)	(6,544)	(13,616)
Interest and other financial costs	3,017	5,683	4,689
Loss from continuing operations	(5,838)	(12,227)	(18,305)
Income taxes (benefits)	0	0
Net loss from continuing operations	(5,838)	(12,227)	(18,305)
Discontinued operations:
Loss from discontinued operations, net of tax		(552)	(381)
Net (loss) income from discontinued operations, net of tax		(552)	(381)
Net (loss) income	$ (5,838)	$ (12,779)	$ (18,686)
Weighted average common shares outstanding:
Basic	18,005	17,968	17,961
Diluted	18,005	17,968	17,961
Net (loss) income per common share:
Basic	$ (0.32)	$ (0.71)	$ (1.04)
Diluted	(0.32)	(0.71)	(1.04)
Net (loss) from continuing operations per common share:
Basic	(0.32)	(0.68)	(1.02)
Diluted	$ (0.32)	$ (0.68)	$ (1.02)

Consolidated Statements of Othe

Consolidated Statements of Other Comprehensive Income (loss) - USD ($) $ in Thousands		12 Months Ended
		Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Statement of Comprehensive Income [Abstract]
Net Loss		$ (5,838)	$ (12,779)	$ (18,686)
Other comprehensive (loss) income: Foreign currency translation adjustments	[1]	130	(15)	(86)
Total other comprehensive loss		$ (5,708)	$ (12,794)	$ (18,772)
[1]	Item that may be reclassified to the Statement of Operations in future periods.

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (deficiency) - USD ($) $ in Thousands		Total		Voting Common Stock Outstanding [Member]	Voting Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Beginning Balance at Mar. 31, 2018		$ 32,477			$ 93,348	$ 19,042	$ (79,787)	$ (126)
Beginning Balance, Shares at Mar. 31, 2018				17,960,881
Net loss		(18,686)					(18,686)
Cumulative translation adjustment		(86)	[1]					(86)	[2]
Total comprehensive loss		(18,772)
Compensation expense resulting from stock options and stock appreciation rights granted to Management		78				78
Ending Balance at Mar. 30, 2019		$ 13,783			93,348	19,120	(98,473)	(212)
Ending Balance, Shares at Mar. 30, 2019		17,960,881		17,960,881
Net loss		$ (12,779)					(12,779)
Cumulative translation adjustment		(15)	[1]					(15)	[2]
Total comprehensive loss		(12,794)
Exercise of stock options		$ 10			20	(10)
Exercise of stock options, Shares		10,000		10,000
Compensation expense resulting from stock options and stock appreciation rights granted to Management		$ 21				21
Cumulative effect of adjustment from adoption Of a new accounting standard | Accounting Standards Update 2016-02 [Member]	[3]	2,390					2,390
Ending Balance at Mar. 28, 2020		$ 3,410			93,368	19,131	(108,862)	(227)
Ending Balance, Shares at Mar. 28, 2020		17,970,881		17,970,881
Net loss		$ (5,838)					(5,838)
Cumulative translation adjustment		130	[1]					130	[2]
Total comprehensive loss		(5,708)
Exercise of stock options		$ 876			1,748	(872)
Exercise of stock options, Shares		226,853		358,062
Ending Balance at Mar. 27, 2021		$ (1,422)			$ 95,116	$ 18,259	$ (114,700)	$ (97)
Ending Balance, Shares at Mar. 27, 2021		18,328,943		18,328,943
[1]	Item that may be reclassified to the Statement of Operations in future periods.
[2]	The change in cumulative translation adjustments is not due to reclassifications out of accumulated other comprehensive income (loss).
[3]	As described in Note 2 (p).

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands		12 Months Ended
		Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Cash flows (used in) from operating activities:
Net (loss) income attributable to owners of the Company		$ (5,838)	$ (12,779)	$ (18,686)
Net (loss) income from discontinued operations			(552)	(381)
Net (loss) income from continuing operations		(5,838)	(12,227)	(18,305)
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation and amortization		5,458	4,845	3,859
Impairment of long-lived assets			309	46
Net change of operating lease right-of-use assets and liabilities		(816)	2,297
Leasehold inducements received	[1]	1,125	583
Operating lease modifications		(482)
Amortization of debt costs		282	288	332
Other operating activities, net		(15)	312	364
(Increase) decrease in:
Accounts receivable, other receivables and long-term receivables		(1,298)	(5,415)	1,407
Inventories		4,110	(10,358)	(6,714)
Prepaids and other current assets		(37)	135	2,787
Increase (decrease) in:
Accounts payable		(10,636)	18,735	5,562
Accrued liabilities and other long-term liabilities		6,424	(2,729)	6,322
Net cash (used in) provided by operating activities from continuing operations		(1,723)	(3,225)	(4,340)
Net cash (used in) provided by operating activities from discontinued operations			(552)	(381)
Net cash provided by (used in) operating activities		(1,723)	(3,777)	(4,721)
Cash flows (used in) provided by investing activities:
Additions to property and equipment		(2,976)	(5,832)	(11,580)
Additions to intangible assets and other assets		(16)	(600)	(2,031)
Net cash used in investing activities from continuing operations		(2,992)	(6,432)	(13,611)
Cash flows provided by (used in) financing activities:
Increase (decrease) in bank indebtedness		(4,820)	10,842	10,096
Increase in long-term debt		10,000		12,500
Repayment of long-term debt			(831)	(3,121)
Repayment of obligations under finance lease in 2021 and 2020, capital leases in 2019		(50)	(289)	(269)
Payment of loan origination fees and costs		(49)		(591)
Exercise of stock options and warrants		876
Other financing activities			(127)	(109)
Net cash provided by (used in) financing activities from continuing operations		5,957	9,595	18,506
Net increase (decrease) in cash and cash equivalents		1,242	(614)	174
Cash and cash equivalents, beginning of year		565	1,179	1,005
Cash and cash equivalents, end of year		1,807	565	1,179
Supplemental disclosure of cash flow information:
Interest paid		3,818	3,779	3,654
Non-cash transactions:
Property and equipment additions acquired through capital leases		136
Property and equipment and intangible assets additions included in accounts payable and accrued liabilities		$ 977	$ 570	$ 4,300
[1]	In fiscal 2021, the Company corrected an immaterial error in the comparative 2020 statement of cash flows by presenting the cash received for leasehold inducements as cash flows provided by operating activities, rather than the previous classification of cash flows provided by financing activities. The Company assessed the materiality of this error in accordance with the SEC’s Staff Accounting Bulletin No. 99, Materiality and, based on an analysis of quantitative and qualitative factors, determined that the correction was not material to its consolidated financial statements.

Basis of presentation

Basis of presentation	12 Months Ended
	Mar. 27, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of presentation	1. Basis of presentation: These consolidated financial statements, which include the accounts of Birks Group Inc. for all periods presented for the fiscal years ended March 27, 2021, March 28, 2020, and March 30, 2019, are reported in accordance with accounting principles generally accepted in the U.S. These principles require management to make certain estimates and assumptions that affect amounts reported and disclosed in the financial statements and related notes. The most significant estimates and judgments include the assessment of the going concern assumption, the valuation of inventories, accounts receivable, right-of-use Future operations These financial statements have been prepared on a going concern basis in accordance with generally accepted accounting principles in the U.S. The going concern basis of presentation assumes that the Company will continue its operations for the foreseeable future and be able to realize its assets and discharge its liabilities and commitments in the normal course of business. The Company funds its operations primarily through committed financing under its senior secured credit facility and its senior secured term loan described in Note 6. The senior secured credit facility along with the senior secured term loan are used to finance working capital, finance capital expenditures, provide liquidity to fund the Company’s day-to-day In March 2020, the World Health Organization declared the outbreak of the novel coronavirus disease (COVID-19) its e-commerce business gradually re-opened its had re-opened all the COVID-19 pandemic, in-person pick-up) As at June 17, 2021, nine of our ten retail stores in Ontario are closed for in-person As a result of these developments, the Company took action to substantially reduce its operating costs across all areas of the business and to actively manage liquidity. These actions included: the temporary layoff of the majority of our employees without pay during the period of store closures, temporary base salary reductions at the corporate head office including of our executive officers and members of our Board of Directors; certain reductions in marketing expenses, the negotiation of extended credit terms with the majority of our vendors and rent relief with our landlords, and the postponement of capital expenditures through the first three quarters of fiscal year 2021. In addition, the Company has reduced inventory purchases where possible. The Company has also applied for and received $1.4 million of funding from a financial relief program offered by the Federal government, the Canada Emergency Wage Subsidy (“CEWS”) program, which has partially reimbursed payroll expenses for periods in which the Company met the applicable qualification criteria. The Company has determined that it has also qualified for the Canad a The current economic, business and retail climates have significantly changed since March 2020 and as such, the Company cannot predict the degree to, or the time period over which its sales and operations will continue to be affected by the pandemic, changes to consumer behavior and spending as a result of the pandemic, or the materiality of the effects of the pandemic, or the restrictions and impact resulting from the pandemic, on the Company. The Company continues to and expects to continue to operate through its senior secured credit facility. However, COVID-19 has For fiscal 2021, the Company reported a net loss of $5.8 million. The Company reported net losses from continuing operations of $12.2 million and $18.3 million (and consolidated net losses of $12.8 million $18.7 million) for fiscal 2020 and fiscal 2019, respectively. The Company used cash in operating activities from continuing operations of $1.7 million, $3.3 million, and $4.3 million for fiscal 2021, 2020, and 2019, respectively. The Company also had a negative working capital (defined as current assets less current liabilities) as at March 27, 2021 and March 28, 2020. On July 8, 2020, the Company secured a new six term loan with Investissement Québec, the sovereign fund of the province of Québec, in the amount of 10.0 3.14 60 The Company’s ability to meet its cash flow requirements in order to fund its operations is dependent upon its ability to attain profitable operations and/or continued adherence to the terms of its committed financings, obtain favorable payment terms from suppliers, as well as to maintain specified excess availability levels under its senior secured credit facility and its senior secured term loan. The Company is required to adhere to under both its senior secured credit facility and its senior secured term loan a financial covenant that requires that the Company maintain minimum excess availability of not less than $8.5 million at all times, except that the Company shall not be in breach of this covenant if excess availability falls below $8.5 million for not more than two consecutive business days once during any fiscal month. In the event that excess availability falls below the minimum requirement, this would be considered an event of default under the senior secured credit facility and under the senior secured term loan, that would result in the outstanding balances borrowed under the Company’s senior secured credit facility and senior secured term loan becoming due immediately, which would also result in cross defaults on the Company’s other borrowings. Similarly, both the Company’s senior secured revolving credit facility and the senior secured term loan are subject to cross default provisions with all other loans pursuant to which the Company is in default of any other loan, the Company will immediately be in default of both the senior secured revolving credit facility and the senior secured term loan. The Company met its excess availability requirement as of and throughout the year ended March 27, 2021 and as of the date the financial statements were authorized for issuance. In addition, the Company expects to have excess availability of at least $8.5 million for at least the next twelve months from the date of these financial statements. The Company’s ability to make scheduled payments of principal, or to pay interest, or to fund planned capital expenditures and store operations will also depend on its ability to maintain adequate levels of available borrowing, obtain favorable payment terms from suppliers and its future performance, which to a certain extent, is subject to general economic, financial, competitive, legislative and regulatory factors, as well as other events that are beyond the Company’s control. The Company continues to be actively engaged in identifying alternative sources of financing that include raising additional funds through public or private equity, the disposal of assets, and debt financing, including funding from government sources. The incurrence of additional indebtedness would result in increased debt service obligations and could result in operating and financing covenants that could restrict the Company’s operations. Financing may be unavailable in amounts or on terms acceptable to the Company if at all, which may have a material adverse impact on its business, including its ability to continue as a going concern. The Company’s lenders under its senior secured credit facility and its senior secured term loan may impose, at any time, discretionary reserves, which would lower the level of borrowing availability under the Company’s credit facilities (customary for asset-based loans), at their reasonable discretion, to: (i) ensure that the Company maintains adequate liquidity for the operation of its business, (ii) cover any deterioration in the amount of value of the collateral, and (iii) reflect impediments to the lenders to realize upon the collateral. There is no limit to the amount of discretionary reserves that the Company’s lenders may impose at their reasonable discretion. No discretionary reserves were imposed during fiscal 2021, fiscal 2020 and fiscal 2019 by the Company’s current or former lenders. Certain adverse conditions and events outlined above require consideration of management’s plans, which management believes mitigate the effect of such conditions and events. Management plans include continuing to manage liquidity actively which allows for adherence to excess availability requirements, and where necessary cost reductions, which include reducing future purchases, maintaining reduced marketing and general operating expenses, the continued postponement of certain capital expenditures and obtaining favorable payment terms from suppliers. Notwithstanding, the Company believes that it will be able to adequately fund its operations and meet its cash flow requirements for at least the next twelve months from the date of issuance of these financial statements.

Significant accounting policies

Significant accounting policies	12 Months Ended
	Mar. 27, 2021
Accounting Policies [Abstract]
Significant accounting policies	2. Significant accounting policies: (a) Revenue recognition: Sales are recognized at the point of sale when merchandise is picked up by the customer or delivered to a customer. Sales to our wholesale customers are recognized when the Company has agreed to terms with its customers, the contractual rights and payment terms have been identified, the contract has commercial substance, it is probable that consideration will be collected by the Company and when control of the goods has been transferred to the customer. Shipping and handling fees billed to customers are included in net sales. Revenues for gift certificate sales and store credits are recognized upon redemption. Prior to recognition as a sale, gift certificates are recorded as accounts payable on the balance sheet. Based on historical redemption rates, the Company estimates the portion of outstanding gift certificates (not subject to unclaimed property laws) that will ultimately not be redeemed and records this amount as breakage income. The Company recognizes such breakage income in proportion to redemption rates of the overall population of gift certificates and store credits. Gift certificates and store credits outstanding and subject to unclaimed property laws are maintained as accrued liabilities until remitted in accordance with local ordinances. Sales of consignment merchandise are recognized at such time as the merchandise is sold, and are recorded on a gross basis because the Company is the primary obligor of the transaction, has general latitude on setting the price, has discretion as to the suppliers, is involved in the selection of the product and has inventory loss risk. Sales are reported net of returns and sales taxes. The Company generally gives its customers the right to return merchandise purchased by them within 10 to 90 days, depending on the product sold and records a provision at the time of sale for the effect of the estimated returns which is determined based on historical experience. Revenues for repair services are recognized when the service is delivered to and accepted by the customer. Licensing fees are recognized when the product is delivered to and accepted by the customer. (b) Cost of sales: Cost of sales includes direct inbound freight and duties, direct labor related to repair services, design and creative costs (labor and overhead) inventory shrink, inventory thefts, and boxes (jewelry, watch and giftware). Indirect freight including inter-store transfers, purchasing and receiving costs, distribution costs and warehousing costs are included in selling, general and administrative expenses. Mark down dollars received from vendors are recorded as a reduction of inventory costs to the specific items to which they apply and are recognized in cost of sales once the items are sold. (c) Cash and cash equivalents: The Company utilizes a cash management system under which a book cash overdraft may exist in its primary disbursement account. These overdrafts, when applicable, represent uncleared checks in excess of cash balances in the bank account at the end of a reporting period and have been reclassified to accounts payable on the consolidated balance sheets. The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents. Amounts receivable from credit card issuers are included in cash and cash equivalents and are typically converted to cash within 2 to 4 days of the original sales transaction. These amounts totaled $1.8 million at March 27, 2021 and $0.6 million at March 28, 2020. (d) Accounts receivable: Accounts receivable arise primarily from customers’ use of our private label and proprietary credit cards and wholesale sales and are initially recognized at fair value and subsequently measured at amortized cost using the effective interest method, less expected credit losses. Several installment sales plans are offered to our private label credit card holders and proprietary credit card holders which vary as to repayment terms and finance charges. Finance charges on the Company’s consumer credit receivables, when applicable, accrue at rates ranging from 0% to 9.99% per annum for financing plans. The Company maintains allowances for expected credit losses associated with the accounts receivable recorded on the balance sheet for estimated losses resulting from the inability of its customers to make required payments. The allowance for credit losses is an estimate of expected credit losses, measured on a collective basis over the estimated life of the Company’s customer in-house receivables write-off The Company classifies a receivable account as past due if a required payment amount has not been received within the allotted time frame (generally 30 days), after which internal collection efforts commence. Once all internal collection efforts have been exhausted and management has reviewed the account, the account is sent for external collection or legal action. Upon the suspension of the accrual of interest, interest income is recognized to the extent cash payments received exceed the balance of the principal amount owed on the account. After all collection efforts have been exhausted, including internal and external collection efforts, an account is written off. The Company guarantees a portion of its private label credit card sales to its credit card vendor. The Company maintains a liability associated with these outstanding amounts. Similar to the allowance for expected credit losses, the liability related to these guaranteed sales amounts are based on a combination of factors including the length of time the receivables are past due to the Company’s credit card vendor, the Company’s knowledge of the customer, economic and market conditions and historical write-off The allowance for credit losses includes an estimate for uncollectible principal as well as unpaid interest. Accrued interest is included within the same line item as the respective principal amount of the customer in-house receivables and written-off. Accrued (e) Inventories: Finished goods inventories and inventories of raw materials are valued at the lower of average cost (which includes material, labor and overhead costs) or net realizable value, which is the estimated selling price in the ordinary course of business. The Company records inventory reserves for lower of cost or net realizable value, which includes slow-moving finished goods inventory, and damaged goods, and shrink. The cost of inbound freight and duties are included in the carrying value of the inventories. The reserve for slow-moving finished goods inventories is equal to the difference between the cost of inventories and the estimated selling prices, resulting in the expected gross margin. There is estimation uncertainty in relation to the identification of slow-moving finished goods inventories which are based on certain criteria established by the Company. The criteria includes operational decisions by management to discontinue ordering the inventories based on sales trends, market conditions, and the aging of the inventories. Estimation uncertainty also exists in determining the expected selling prices and associated gross margins through normal sales channels, which are based on assumptions about future demand and market conditions for those slow-moving inventories. If actual market conditions are less favorable than those projected by management, additional inventory reserves may be required. The reserve for inventory shrink is estimated for the period from the last physical inventory date to the end of the reporting period on a store by store basis and at our distribution centers. The shrink rate from the most recent physical inventory, in combination with historical experience, is the basis for providing a shrink reserve. (f) Property and equipment: Property and equipment are recorded at cost less any impairment charges. Maintenance and repair costs are charged to selling, general and administrative expenses as incurred, while expenditures for major renewals and improvements are capitalized. Depreciation and amortization are computed using the straight-line method based on the estimated useful lives of the assets as follows: Asset Period Leasehold improvements Lesser of term of the lease or the economic life Software and electronic equipment 1 - 6 years Furniture and fixtures 5 - 8 years Equipment 3 - 8 years (g) Intangible assets and other assets: Eligible costs incurred during the development stage of information systems projects are capitalized and amortized over the estimated useful life of the related project and presented as part of intangible assets and other assets on the Company’s balance sheet. Eligible costs include those related to the purchase, development, and installation of the related software. Intangible assets and other assets also consist of trademarks and tradenames, which are amortized using the straight-line method over a period of 15 to 20 years. The Company had $5.9 million and $5.8 million of intangible assets at cost as at March 27, 2021 and March 28, 2020, respectively. The Company had $1.0 million and $0.9 million of accumulated amortization of intangibles at March 27, 2021 and March 28, 2020, respectively. (h) Leases: In February 2017, the FASB issued ASU 2017-02 right-of-use non-lease The adoption of ASU 2017-02 • The establishment of an operating lease liability of $76.8 million and a corresponding operating lease right-of-use • The reclassification of existing deferred lease inducements balance of $6.8 million and deferred straight-line rent of $4.3 million from Other long-term liabilities to Operating lease right-of-use • The reclassification of deferred gains on sale-leasebacks of $2.4 million previously recorded in other long-term liabilities, to opening retained earnings. We determine if an arrangement is a lease at inception. The amounts of the Company’s operating lease right-of-use ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and operating lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments in order to measure its lease liabilities at commencement date. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. The Company leases office, distribution, and retail facilities. Certain retail store leases may require the payment of minimum rentals and contingent rent based on a percentage of sales exceeding a stipulated amount. The Company’s lease agreements expire at various dates through 2034, are subject, in many cases, to renewal options and provide for the payment of taxes, insurance and maintenance. Certain leases contain escalation clauses resulting from the pass through of increases in operating costs, property taxes and the effect on costs from changes in consumer price indices, which are considered as variable costs. The Company determines its lease payments based on predetermined rent escalations, rent-free periods and other incentives. The Company recognizes lease expense on a straight-line basis over the related terms of such leases, including any rent-free period and beginning from when the Company takes possession of the leased facility. Variable operating lease expenses, including contingent rent based on a percentage of sales, CAM charges, rent related taxes, mall advertising and adjustments to consumer price indices, are recorded in the period such amounts and adjustments are determined. Lease expense is recorded within selling, general and administrative expenses in the statement of operations. Lease arrangements occasionally include renewal options. The Company uses judgment when assessing the renewal options in the leases and assesses whether or not it is reasonably certain to exercise these renewal options if they are within the control of the Company. Any renewal options not reasonably certain to be exercised are excluded from the lease term. The Company monitors for events or changes in circumstances that require a reassessment of one of its leases. ROU assets, as part of the group of assets, are periodically reviewed for impairment. The Company uses the long-lived assets impairment guidance in ASC Subtopic 360-10, (i) Deferred financing costs: The Company amortizes deferred financing costs incurred in connection with its financing agreements using the effective interest method over the term of the related financing. Such deferred costs are presented as a reduction to bank indebtedness and long-term debt in the accompanying consolidated balance sheets. (j) Warranty accrual: The Company provides warranties on its Bijoux Birks branded jewelry and watches for periods extending up to five years and has a battery replacement policy for its Bijoux Birks branded watches. The Company accrues a liability based on its historical repair costs for such warranties. (k) Income taxes: Deferred income taxes reflect the net tax effects of (a) temporary differences between the carrying amounts of assets and liabilities for financial statement reporting purposes and the bases for income tax purposes, and (b) operating losses and tax credit carryforwards. Deferred income tax assets are evaluated and, if realization is not considered to be more-likely-than-not, (l) Foreign exchange: Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange in effect at the balance sheet date. Non-monetary 1.2 0.1 0.5 0.3 (m) Impairment of long-lived assets: The Company periodically reviews the estimated useful lives of its depreciable assets and changes in useful lives are made on a prospective basis unless factors indicate the carrying amounts of the assets may not be recoverable and an impairment write-down is necessary. However, the Company will review its long-lived assets for impairment once events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. An impairment loss would be recognized when the estimated undiscounted future cash flows expected to result from the use of an asset and its eventual disposition is less than its carrying value. Measurement of an impairment loss for such long-lived assets would be based on the difference between the carrying value and the fair value of the asset, with fair value being determined based upon discounted cash flows or appraised values, depending on the nature of the asset. Long-lived assets to be disposed of are reported at the lower of the carrying amount or fair value less cost to sell. The Company recorded non-cash (n) Advertising and marketing costs: Advertising and marketing costs are generally charged to expense as incurred and are included in selling, general and administrative expenses in the consolidated statements of operations. The Company and its vendors participate in cooperative advertising programs in which the vendors reimburse the Company for a portion of certain specific advertising costs which are netted against advertising expense in selling, general and administrative expenses, and amounted to $0.7 million, $1.1 million, and $1.0 million for each of the years ended March 27, 2021, March 28, 2020, and March 30, 2019, respectively. Advertising and marketing expense, net of vendor cooperative advertising allowances, amounted to $6.5 million, $7.5 million, and $8.7 million, in the years ended March 27, 2021, March 28, 2020, and March 30, 2019, respectively. (o) Government grants: The Company recognizes a government grant when there is reasonable assurance that it will comply with the conditions required to qualify for the grant, and that the grant will be received. The Company recognizes government grants as a reduction to the expense that the grant is intended to offset. (p) Earnings per common share: Basic earnings per share (“EPS”) is computed as net earnings divided by the weighted-average number of common shares outstanding for the period. Diluted EPS includes the dilutive effect of the assumed exercise of stock options and warrants. The following table sets forth the computation of basic and diluted (loss) earnings per common share for the years ended March 27, 2021, March 28, 2020, and March 30, 2019: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands, except per share data) Basic (loss) income per common share computation: Numerator: Net (loss) income $ (5,838 ) $ (12,779 ) $ (18,686 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 (Loss) income per common share $ (0.32 ) $ (0.71 ) $ (1.04 ) Diluted (loss) income per common share computation: Numerator: Net (loss) income $ (5,838 ) $ (12,779 ) $ (18,686 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 Dilutive effect of stock options and warrants — — — Weighted-average common shares outstanding – diluted 18,005 17,968 17,961 Diluted (loss) income per common share $ (0.32 ) $ (0.71 ) $ (1.04 ) The following table sets forth the computation of basic and diluted (loss) earnings from continuing operations per common share for the years ended March 27, 2021, March 28, 2020, and March 30, 2019: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands, except per share data) Basic (loss) from continuing operations per common share computation: Numerator: Net loss from continuing operations $ (5,838 ) $ (12,227 ) $ (18,305 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 Loss from continuing operations per common share $ (0.32 ) $ (0.68 ) $ (1.02 ) Diluted income per common share computation: Numerator: Net loss from continuing operations $ (5,838 ) $ (12,227 ) $ (18,305 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 Dilutive effect of stock options and warrants — — — Weighted-average common shares outstanding – diluted 18,005 17,968 17,961 Diluted loss from continuing operations per common share $ (0.32 ) $ (0.68 ) $ (1.02 ) For the year ended March 27, 2021, the effect from the assumed exercise of nil Class A voting shares underlying outstanding stock options and 10,932 Class A voting shares underlying outstanding warrants was excluded from the computation of diluted earnings per share due to their antidilutive effect. For the year ended March 28, 2020, the effect from the assumed exercise of 704,818 Class A voting shares underlying outstanding stock options and 382,693 Class A voting shares underlying outstanding warrants was excluded from the computation of diluted earnings per share due to their antidilutive effect. For the year ended March 30, 2019, the effect from the assumed exercise of 288,000 Class A voting shares underlying outstanding stock options and 382,693 Class A voting shares underlying outstanding warrants was excluded from the computation of diluted earnings per share due to their antidilutive effect. Recent Accounting Pronouncements adopted during the year: In June 2016, the FASB issued ASU 2016-13 — Financial Instruments — Credit Losses (Topic 326) In August 2018, the FASB issued ASU 2018-15 —Intangibles—Goodwill and Other—Internal-Use 2018-15 internal-use Recent Accounting Pronouncements not yet adopted: In December 2019, the FASB issued ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes

Accounts receivable and other r

Accounts receivable and other receivables	12 Months Ended
	Mar. 27, 2021
Receivables [Abstract]
Accounts receivable and other receivables	3. Accounts receivable and other receivables: Accounts receivable, net of allowance for credit losses, at March 27, 2021 and March 28, 2020 consist of the following: As of March 27, 2021 March 28, 2020 (In thousands) Customer trade receivables $ 3,055 $ 4,119 Other receivables 4,253 1,900 $ 7,307 $ 6,019 Continuity of the allowance for doubtful accounts is as follows (in thousands): Balance March 31, 2018 $ 513 Provision for credit losses 170 Net write offs (249 ) Balance March 30, 2019 434 Provision for credit losses 857 Net write offs (326 ) Balance March 28, 2020 $ 965 Provision for credit losses 546 Net write offs (262 ) Balance March 27, 2021 $ 1,249 Other receivables mainly relate t o Certain sales plans relating to customers’ use of Birks credit cards provide for revolving lines of credit and /or installment plans under which the payment terms exceed one year. The receivables repayable within a timeframe exceeding one year included under such plans, amounted to approximately $5.7 million and $4.7 million at March 27, 2021 and March 28, 2020, respectively, which are not included in customer trade receivables outlined above, and are included in long-term receivables on the Company’s balance sheet. The following table disaggregates the Company’s accounts receivables and other receivables and long-term receivables as at March 27, 2021: Current 1 -30 days past due 31 -60 past due 61 -90 past due Greater Total Customer in-house $ 7,677 $ 386 $ 74 $ 286 $ 764 $ 9,187 Other receivables 4,798 88 30 53 73 5,042 $ 12,474 $ 474 $ 104 $ 339 $ 837 $ 14,229

Inventories

Inventories	12 Months Ended
	Mar. 27, 2021
Inventory Disclosure [Abstract]
Inventories	4. Inventories: Inventories, net of reserves, are summarized as follows: As of March 27, 2021 March 28, 2020 (In thousands) Raw materials and work in progress $ 813 $ 1,174 Finished goods 96,976 100,725 $ 97,789 $ 101,899 Continuity of the inventory reserves are as follows (in thousands): Balance March 31, 2018 $ 1,919 Additional charges 647 Deductions (671 ) Balance March 30, 2019 1,895 Additional charges 342 Deductions (390 ) Balance March 28, 2020 1,847 Additional charges 291 Deductions (200 ) Balance March 27, 2021 $ 1,938

Property and equipment

Property and equipment	12 Months Ended
	Mar. 27, 2021
Property, Plant and Equipment [Abstract]
Property and equipment	5. Property and equipment: The components of property and equipment are as follows: As of March 27, 2021 March 28, 2020 (In thousands) Leasehold improvements 35,877 34,626 Furniture, fixtures and equipment 13,121 13,327 Software and electronic equipment 9,839 9,203 58,837 57,156 Accumulated depreciation and impairment charges (34,341 ) (30,543 ) $ 24,496 $ 26,613 The Company wrote off $1.6 million of gross fixed assets that were fully amortized during the year ended March 27, 2021 (March 28, 2020 - $4.2 million), mostly related to leasehold improvements. Property and equipment, having a cost and net book value of $0.3 million at March 27, 2021, and a cost of $0.7 million and a net book value of $0.5 million at March 28, 2020, are under finance leasing arrangements.

Bank indebtedness

Bank indebtedness	12 Months Ended
	Mar. 27, 2021
Debt Disclosure [Abstract]
Bank indebtedness	6. Bank indebtedness: As of March 27, 2021 and March 28, 2020, bank indebtedness consisted solely of amounts owing under the Company’s Credit Facility, which had an outstanding balance of $53.4 million ($53.7 million net of $0.3 million of deferred financing costs) and $58.0 million ($58.4 million net of $0.4 million of deferred financing costs), respectively. The Company’s C F The Company’s ability to fund its operations and meet its cash flow requirements is dependent upon its ability to maintain positive excess availability under its $85.0 million Credit Facility with Wells Fargo Canada Corporation. The Credit Facility, which matures in October 2022, also provides the Company with an accordion option to increase the total commitments thereunder by up to $13.0 million. The Company will only have the ability to exercise this accordion option if it has the required borrowing capacity at such time. The Credit Facility bears interest at a rate of CDOR plus a spread ranging from 1.5% - 3.0% depending on the Company’s excess availability levels. Under the Credit Facility, the sole financial covenant which the Company is required to adhere to is to maintain minimum excess availability of not less than $8.5 million at all times, except that the Company shall not be in breach of this covenant if excess availability falls below $8.5 million for not more than two consecutive business days once during any fiscal month. The Company’s excess availability was above $8.5 million throughout the fiscal year ended March 27, 2021. On June 29, 2018, the Company secured a $12.5 million senior secured term loan with Crystal Financial LLC (“Crystal”), now known as SLR Credit Solutions (“SLR”). The Term Loan, which matures in October 2022, is subordinated in lien priority to the Company’s Credit Facility and bears interest at a rate of CDOR plus 8.25%. Under the Term Loan, the Company is required to adhere to the same financial covenant as under the Credit Facility (maintain minimum excess availability of not less than $8.5 million at all times, except that the Company shall not be in breach of this covenant if excess availability falls below $8.5 million for not more than two consecutive business days once during any fiscal month). In addition, the Term Loan includes seasonal availability blocks imposed from December 20 th th $9.5 million and from January 21 st th million. The long-term Term Loan is required to be repaid upon maturity. The Company’s borrowing capacity under both its Credit Facility and its Term Loan is based upon the value of the Company’s inventory and accounts receivable, which is periodically assessed by its lenders and based upon these reviews the Company’s borrowing capacity could be significantly increased or decreased. Both the Company’s Credit Facility and its Term Loan are subject to cross default provisions with all other loans pursuant to which if the Company is in default of any other loan, the Company will immediately be in default of both its Credit Facility and its Term Loan. In the event that excess availability falls below $8.5 million for more than two consecutive business days once during any fiscal month, this would be considered an event of default under the Company’s Credit Facility and its Term Loan, that provides the lenders the right to require the outstanding balances borrowed under the Company’s Credit Facility and its Term Loan become due immediately, which would result in cross defaults on the Company’s other borrowings. The Company expects to have excess availability of at least $8.5 million for at least the next twelve months from the date of issuance of these financial statements. The Company’s Credit Facility and its Term Loan also contain limitations on the Company’s ability to pay dividends, more specifically, among other limitations; the Company can pay dividends only at certain excess borrowing capacity thresholds. The Company is required to either i) maintain excess availability of at least 40% of the borrowing base in the month preceding payment or ii) maintain excess availably of at least 25% of the line cap and maintain a fixed charge coverage ratio of at least 1.10 to 1.00. Other than these financial covenants related to paying dividends, the terms of the Company’s secured credit facility and its senior secured term loan provide that no financial covenants are required to be met other than already described. The Company’s lenders under its Credit Facility and its Term Loan may impose, at any time, discretionary reserves, which would lower the level of borrowing availability under its credit facilities (customary for asset-based loans), at their reasonable discretion, to: i) ensure that the Company maintains adequate liquidity for the operations of its business, ii) cover any deterioration in the value of the collateral, and iii) reflect impediments to the lenders to realize upon the collateral. There is no limit to the amount of discretionary reserves that the Company’s lenders may impose at their reasonable discretion. No discretionary reserves were imposed during fiscal year 2021 by the Company’s lenders. The information concerning the Company’s bank indebtedness is as follows: Fiscal Year Ended March 27, 2021 March 28, 2020 (In thousands) Maximum borrowing outstanding during the year $ 64,121 $ 64,702 Average outstanding balance during the year $ 56,807 $ 56,001 Weighted average interest rate for the year 2.9 % 4.2 % Effective interest rate at year-end 2.6 % 3.8 % As security for the bank indebtedness, the Company has provided some of its lenders the following: (i) general assignment of all accounts receivable, other receivables and trademarks; (ii) general security agreements on all of the Company’s assets; (iii) insurance on physical assets in a minimum amount equivalent to the indebtedness, assigned to the lenders; (iv) a mortgage on moveable property (general) under the Civil Code (Québec) of $200.0 million; (v) lien on machinery, equipment and molds and dies; and (vi) a pledge of trademarks and stock of the Company’s subsidiaries.

Long-term debt

Long-term debt	12 Months Ended
	Mar. 27, 2021
Debt Disclosure [Abstract]
Long-term debt	7. Long-term debt: (a) Long-term debt consists of the following: As of March 27, 2021 March 28, 2020 (In thousands) Term loan from SLR Credit Solutions, bearing interest at an annual rate of CDOR plus 8.25%, repayable at maturity in October 2022, secured by the assets of the Company (net of deferred financing costs of $167,000 and $272,000, respectively). Refer to note 6 for additional information 12,333 12,228 $10 million term loan from Investissement Québec, bearing interest at an annual rate of 3.14%, repayable in 60 equal payments beginning in July 2021 (net of deferred financing costs of $44,000). 9,956 — USD $1.5 million cash advance owing to the Company’s controlling shareholder, Montel, bearing interest at an annual rate of 11%, net of withholding taxes (note 15(c)) 1,887 2,109 USD $2.5 million loan owing to the Company’s controlling shareholder, Montel, bearing interest at an annual rate of 11%, net of withholding taxes (note 15(c)). Repayable in August 2021. 1,573 1,757 Obligations under finance leases, at annual interest rates between 2.2% and 3.9%, secured by leasehold improvements, furniture, and equipment, maturing at various dates to June 2025. 273 187 26,022 16,281 Current portion of long-term debt 2,960 64 $ 23,062 $ 16,217 (b) On July 8, 2020, the Company secured a new six-year (c) Future minimum lease payments for finance leases required in the following five years are as follows (in thousands): Year ending March: 2022 $ 75 2023 75 2024 69 2025 68 2026 54 341 Less imputed interest 68 $ 273 (d) Principal payments on long-term debt required in the following five years and thereafter, including obligations under finance leases, are as follows (in thousands): Year ending March: 2022 $ 2,981 2023 14,575 2024 2,069 2025 2,068 2026 2,054 Thereafter 2,554 $ 26,301 (e) As of March 27, 2021 and March 28, 2020, the Company had $0.6 million, and $0.9 million of outstanding letters of credit which were provided to certain lenders, respectively.

Benefit plans and stock-based c

Benefit plans and stock-based compensation	12 Months Ended
	Mar. 27, 2021
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Benefit plans and stock-based compensation	8. Benefit plans and stock-based compensation: (a) Stock option plans and arrangements: (i) The Company can issue stock options, stock appreciation rights, deferred share units and restricted stock units to executive management, key employees and directors under the following stock-based compensation plans. The Company’s stock trades on the NYSE American and is valued in USD, as such all prices in this note will be denominated in USD. The Company has a Long-Term Incentive Plan under which awards may be made in order to attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentive to employees and to promote the success of the Company. Any employee or consultant selected by the administrator is eligible for any type of award provided for under the Long-Term Incentive Plan, except that incentive stock options may not be granted to consultants. The Long-Term Incentive Plan provided for the grant of units and performance units or share awards. As of March 27, 2021, there were 80,000 cash-based stock appreciation rights that were exercisable under the Long-Term Incentive Plan. The stock appreciation rights outstanding under the Long-Term Incentive Plan have a weighted average exercise price of $1.12. The Company has not made any grants under this incentive plan in the past three years. As at March 27, 2021, the Company has recognized As of March 27, 2021, there were stock options to purchase 253,147 Class A voting shares outstanding under the Long-Term Incentive Plan. During fiscal 2021, 2020, and 2019 no stock options were granted under the Long-Term Incentive Plan. As of March 27, 2021, 100% of the outstanding stock options were fully vested, accordingly unrecognized compensation relating to these options are nil. Total compensation cost for options recognized in expenses was nil, ($26,000), and $10,000 during fiscal 2021, 2020, and 2019, respectively. This plan expired in February 2016 and no further awards will be granted under this plan. However, the Long-Term Incentive Plan will remain in effect until the outstanding awards issued under the plan terminate or expire by their terms. On August 15, 2016, the Board of Directors adopted the Company’s Omnibus Long-Term Incentive Plan (the “Omnibus LTIP”), and same was approved by the Company’s shareholders on September 21, 2016. Further to the Omnibus LTIP, the Company’s directors, officers, senior executives and other employees of the Company or one of its subsidiaries, consultants and service providers providing ongoing services to the Company and its affiliates may from time-to-time The Company has outstanding employee stock options issued under the Birks Employee Stock Option Plan (the “Birks ESOP”). Effective November 15, 2005, no awards are permitted to be granted under the Birks ESOP. However, the Birks ESOP will remain in effect until the outstanding awards issued under the plan terminate or expire by their terms. In March 2010, the Company offered employees who held options under this plan the right to amend their current options. The amended options terms would be consistent with the original grant except that the new options would have a lower exercise price, be exercisable for a lesser number of the Company’s Class A voting shares, have a new ten-year The following is a summary of the activity of Birks’ stock option plans and arrangements. Options Weighted average Outstanding March 31, 2018 813,666 $ 1.13 Equity cash-out (51,400 ) 1.00 Forfeited (21,206 ) 1.11 Outstanding March 30, 2019 741,060 1.14 Exercised (10,000 ) 0.78 Forfeited (26,242 ) 1.43 Outstanding March 28, 2020 704,818 1.13 Exercised (226,853 ) 1.10 Forfeited (82,818 ) 1.66 Outstanding March 27, 2021 395,147 $ 1.04 (a) In connection with its restructuring initiative, the Company offered an equity cash-out A summary of the status of Birks’ stock options at March 27, 2021 is presented below: Options outstanding Options exercisable Exercise price Number Weighted Weighted Number Weighted $ 0.78 145,000 4.5 $ 0.78 145,000 $ 0.78 $ 0.84 100,000 2.1 0.84 100,000 0.84 $ 0.89 5,000 1.6 0.89 5,000 0.89 $ 1.43 142,000 5.6 1.43 142,000 1.43 $ 1.66 3,147 2.5 1.66 3,147 1.66 395,147 3.2 $ 1.04 395,147 $ 1.04 (ii) Under plans approved by the former Board of Directors of Mayors, the Company had outstanding stock options issued to employees and members of the Company’s Board of Directors. During fiscal 2019, the remaining 41 options were settled in cash for an average of $0.78 per option and no options remain outstanding. No further awards will be granted under these plans. No compensation expense was required to be recorded related to the options outstanding under this program for the years ended March 27, 2021, March 28, 2020, and March 30, 2019, 2018, respectively. The following is a summary of the activity of Mayors stock option plans: Options Weighted average Outstanding March 31, 2018 41 1.05 Settled in cash (41 ) 0.78 Outstanding March 30, 2019 $ 0 $ 0.00 (b) As of March 27, 2021, the Company had outstanding warrants exercisable into 251,484 shares of the Company’s Class A voting shares (382,693 as of March 28, 2020 and as of March 30, 2019, respectively). These warrants have a weighted average exercise price of $3.46 per share and expire on August 20, 2022. As of November 1, 2005, these awards were fully vested and no additional compensation expense will be recognized. 131,209 warrants were exercised in fiscal 2021 for proceeds of USD $438,000 (approximately $556,000 in Canadian dollars). (c) Restricted stock units and deferred share unit plans: On September 17, 2020 and November 15, 2016, the Company issued 375,000 and 121,500 cash settled restricted stock units (RSU) to members of senior management under the Omnibus LTIP. These units vest after three years and expire one month following the vesting date. Compensation expense is based on the fair value of the RSU and the liability is re-measured On September 17, 2020 October 7, 2019 June 20, 2019 September 14, 2018 September 7, 2017 November 15, 2016 are exercisable re-measured A summary of the status of Birks’ restricted stock units and deferred share units at March 27, 2021 is presented below: DSU Outstanding March 31, 2018 130,410 Grants of new units 133,588 Forfeited (6,993 ) Outstanding March 30, 2019 257,005 Grants of new units 244,844 Forfeited (36,715 ) Outstanding March 28, 2020 465,134 Grants of new units 223,878 Outstanding March 27, 2021 689,012 The fair value of cash settled DSU’s is measured based on the Company’s share price at each period end. As at March 27, 2021, the liability for all cash settled DSU’s was $3.1 million (March 28, 2020 - $0.1 million). The closing stock price used to determine the liability was $3.62. Total compensation cost for DSU’s recognized in expense was $3.0 million, nil and $0.1 million in fiscal 2021, 2020, and 2019. RSU Outstanding March 31, 2018 112,000 Settled in cash (5,500 ) Forfeited (4,500 ) Outstanding March 30, 2019 102,000 Settled in cash (102,000 ) Outstanding March 28, 2020 0 Grants of new units 375,000 Outstanding March 27, 2021 375,000 The fair value of cash settled RSU’s is measured based on the Company’s share price at each period end. As at March 27, 2021, the liability for all vested cash settled RSU’s w as $0.3 million (March 28, 2020 - $nil). The closing stock price used to determine the liability was $3.62. Total compensation cost for RSU’s recognized in expenses was $0.3 million, nil, and nil in fiscal 2021, 2020, and 2019. The weighted average remaining contractual life of the unvested RSU’s is 2.7 years

Income taxes

Income taxes	12 Months Ended
	Mar. 27, 2021
Income Tax Disclosure [Abstract]
Income taxes	9. Income taxes: (a) The Company recognizes interest and penalties related to uncertain tax positions in income tax expense. As of March 27, 2021, the Company had no accrued interest or penalties related to uncertain tax positions due to available tax loss carry forwards. The tax years 2015 through 2021 remain open to examination by the major taxing jurisdictions to which the Company is subject. The Company evaluates its deferred tax assets to determine if any adjustments to its valuation allowances are required. As part of this analysis, the Company could not reach the required conclusion that it would be able to more likely than not realize the value of net deferred tax assets in the future. As a result, the Company has a non-cash The significant items comprising the Company’s net deferred tax assets at March 27, 2021 and March 28, 2020 are as follows: Fiscal Year Ended March 27, 2021 March 28, 2020 Deferred tax assets: (In thousands) Loss and tax credit carry forwards $ 14,801 $ 14,987 Difference between book and tax basis of property and equipment 4,757 3,674 Operating lease right-of-use 3,997 3,820 Other reserves not currently deductible 1,187 136 Other (177 ) (142 ) Net deferred tax asset before valuation allowance 24,565 22,475 Valuation allowance (24,565 ) (22,475 ) Net deferred tax asset $ — $ — The Company’s income tax expense (benefit) consists of the following components: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands) Income tax expense (benefit): Current $ — $ — $ — Deferred (1,606 ) (3,195 ) (4,769 ) Valuation allowance 1,606 3,195 4,769 Income tax expense $ — $ — $ — The Company’s current tax payable was nil at March 27, 2021 and March 28, 2020. The Company’s provision for income taxes varies from the amount computed by applying the statutory income tax rates for the reasons summarized below: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 Canadian statutory rate 26.2 % 26.6 % 26.8 % Rate differential for U.S. operations 0.0 % 0.0 % 0.1 % Utilization of unrecognized losses and other tax attributes (27.3 %) (26.4 %) (26.2 %) Permanent differences and other 1.1 % (0.2 %) (0.7 %) Total 0 % 0 % 0 % (b) At March 27, 2021, the Company had federal non-capital

Capital stock

Capital stock	12 Months Ended
	Mar. 27, 2021
Equity [Abstract]
Capital stock	10. Capital stock: Authorized capital stock of the Company consists of an unlimited number of no par value preferred shares and two classes of common stock outstanding: Class A and Class B. Class A voting shares receive one vote per share. The Class B multiple voting shares have substantially the same rights as the Class A voting shares except that each share of Class B multiple voting shares receives 10 votes per share. The issued and outstanding shares are as follows: Class A common stock Class B common stock Total common stock Number of Shares Amount Number of Shares Amount Number of Shares Amount Balance as of March 30, 2019 10,242,911 $ 35,593 7,717,970 $ 57,755 17,960,881 $ 93,348 Exercise of stock options 10,000 20 — — 10,000 20 Balance as of March 28, 2020 10,252,911 35,613 7,717,970 $ 57,755 17,970,881 $ 93,368 Exercise of stock options and warrants 358,062 1,748 — — 358,062 1,748 Balance as of March 27, 2021 10,610,973 $ 37,361 7,717,970 $ 57,755 18,328,943 $ 95,116 On August 13, 2020, the Company was notified by NYSE American that it was in with continued standards forth On October 22, 2020, the Company received notice that NYSE American had accepted the Company’s plan that was submitted on September 6, 2020, to regain compliance with the continued listing standards. The Company has been granted a plan period through February 6, 2022 to regain compliance. The Company is subject to periodic review by NYSE American during the Plan Period. If the Company does not regain compliance by the end of the Plan Period

Restructuring Charges

Restructuring Charges	12 Months Ended
	Mar. 27, 2021
Restructuring and Related Activities [Abstract]
Restructuring Charges	11. Restructuring Charges: During fiscal 2021 and 2020 the Company did not incur any restructuring charges. During fiscal 2019 the Company incurred $1.2 million of restructuring charges associated with the Company’s right-sizing

Leases

Leases	12 Months Ended
	Mar. 27, 2021
Leases [Abstract]
Disclosure Of LeasesLessee Operating Leases and Finance Leases [Text Block]	12. Leases: Amounts recognized in the Consolidated Statement of Earnings were as follows: 52 weeks ended March 27, 2021 52 weeks ended March 28, 2020 (in thousands) Fixed operating lease expense $ 12,495 $ 12,704 Variable operating lease expense (1) 927 4,437 Total lease expense $ 13,422 $ 17,141 (1) In May 2020, the FASB issued guidance to Topic 842, Leases, exempting lessees from determining whether COVID-19 COVID-19 COVID-19. Variable operating lease expense includes percentage rent, taxes, mall advertising and common area maintenance charges. Rent expense for the Company was approximately $15.4 million for year ended March 30, 2019. The weighted average remaining operating lease term was 5 years and the weighted average discount rate was 10.0% for all of the Company’s operating leases as of March 27, 2021. The following table provides supplemental cash flow information related to the Company’s operating leases: 52 weeks ended March 27, 2021 52 weeks ended March 28, 2020 (in thousands) Cash outflows from operating activities attributable to operating leases (1) $ 9,186 $ 10,245 Right-of-use 2,562 3,509 (1) Net of $4.2 million rent concessions associated to base rent for the period ended March 27, 2021. (2) Right-of-use The following table reconciles the undiscounted cash flows expected to be paid in each of the next five fiscal years and thereafter to the operating lease liability recorded on the Consolidated Balance Sheet for operating leases and finance leases which is included in long-term debt on the existing as of March 27, 2021. Minimum Lease Payments as of March 27, 2021 (in thousands) Year ending March: Operating 2022 13,319 2023 13,802 2024 13,196 2025 11,895 2026 10,492 Thereafter 61,338 Total minimum lease payments 124,042 Less: amount of total minimum lease payments representing interest (51,031 ) Present value of future total minimum lease payments 73,011 Less: current portion of lease liabilities (6,298 ) Long-term lease liabilities $ 66,713

Contingencies

Contingencies	12 Months Ended
	Mar. 27, 2021
Commitments and Contingencies Disclosure [Abstract]
Contingencies	13. Contingencies: (a) The Company and its subsidiaries, in the normal course of business, become involved from time to time in litigation and subject to claims. While the final outcome with respect to claims and legal proceedings pending at March 27, 2021 cannot be predicted with certainty, management believes that adequate provisions have been recorded in the accounts where required and that the financial impact, if any, from claims related to normal business activities will not be material. (b) From time to time, the Company guarantees a portion of its private label credit card sales to its credit card vendor. At March 27, 2021 and March 28, 2020, the amount guaranteed under such arrangements was approximately $1.4 million and $3.4 million, respectively. At March 27, 2021 and March 28, 2020, the Company has recorded in accrued liabilities a reserve of nil and $0.1 million, respectively, associated with this guaranteed amount.

Segmented information

Segmented information	12 Months Ended
	Mar. 27, 2021
Segment Reporting [Abstract]
Segmented information	14. Segmented information: The Company has two reportable segments Retail and Other. As of March 27, 2021, Retail operated 26 stores across Canada under the Maison Birks brand, 1 retail location in Calgary under the Brinkhaus brand and 2 retail locations in Vancouver under the Graff and Patek Philippe brands. During fiscal 2021, the Company closed one store operating under the Maison Birks banner and did not open any new stores. Other consists primarily of our e-commerce Certain information relating to the Company’s segments for the years ended March 27, 2021, March 28, 2020, and March 30, 2019, respectively, is set forth below: Retail Other Total 2021 2020 2019 2021 2020 2019 2021 2020 2019 (In thousands) Sales to external customers $ 130,758 $ 160,981 $ 143,499 $ 12,310 $ 8,439 $ 7,550 $ 143,068 $ 169,420 $ 151,049 Inter-segment sales — — — 681 3,606 9,912 681 3,606 9,912 Unadjusted Gross profit 51,029 64,210 58,936 5,989 4,074 1,119 57,018 68,284 60,055 The following sets forth reconciliations of the segments’ gross profits and certain unallocated costs to the Company’s consolidated gross profits for the years ended March 27, 2021, March 28, 2020, and March 30, 2019: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands) Unadjusted gross profit $ 57,018 $ 68,284 $ 60,055 Inventory provisions (736 ) (475 ) (686 ) Other unallocated costs 38 (3,586 ) (998 ) Adjustment of intercompany profit 30 254 206 Gross profit $ 56,350 $ 64,477 $ 58,577 Sales by classes of similar products and by channel were as follows: Retail Other Total 2021 2020 2019 2021 2020 2019 2021 2020 2019 (In thousands) Jewelry and other $ 55,743 $ 81,736 $ 91,493 $ 11,553 $ 8,439 $ 7,550 $ 67,296 $ 90,175 $ 99,043 Timepieces 75,015 79,245 52,006 757 — — 75,772 79,245 52,006 $ 130,758 $ 160,981 $ 143,499 $ 12,310 $ 8,439 $ 7,550 $ 143,067 $ 169,420 $ 151,049

Related party transactions

Related party transactions	12 Months Ended
	Mar. 27, 2021
Related Party Transactions [Abstract]
Related party transactions	15. Related party transactions: (a) The Company is party to certain related party transactions. Balances related to these related parties are disclosed in the consolidated financial statements except the following: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands) Expenses incurred: Management fees to related parties (b) — — 61 Consultant fees to a related party (d) & (g) 209 229 231 Expense reimbursement to a related party (e) 30 68 167 Interest expense on cash advance received from controlling shareholder (c) 370 426 455 Compensation paid to a related party (f) 329 345 385 Balances: Accounts payable to related parties 66 231 142 Interest payable on cash advance received from controlling shareholder (c) 269 448 90 (b) Effective January 1, 2016, the Company entered into a management consulting services agreement with Gestofi S.A. (“Gestofi”), all in accordance with the Company’s Code of Conduct relating to related party transactions. Under the management consulting services agreement, Gestofi provides the Company with services related to the obtaining of financing, mergers and acquisitions, international expansion projects, and such other services as the Company may request. Under the agreement, the Company paid an annual retainer of €140,000 (approximately $202,000 in Canadian dollars). The original term of the agreement was until December 31, 2016 and the agreement was automatically extended for successive terms of one year as neither party gave a 60 days’ notice of its intention not to renew. The yearly renewal of the agreement was subject to the review and approval of the Company’s corporate governance and nominating committee and the Board of Directors in accordance with the Company’s Code of Conduct relating to related party transactions. In November 2018, the agreement was renewed on the same terms and conditions except that the retainer was reduced to €40,000 (approximately $61,000 in Canadian dollars). In March 2019, the agreement was amended to (i) eliminate the yearly retainer and reimburse only the out-of-pocket one-year (c) The Company has a cash advance outstanding from its controlling shareholder, Montel S.à.r.l. (“Montel”, formerly Montrovest), of USD$1.5 million (approximately $2 million in Canadian dollars) originally received in May 2009 from Montrovest. This cash advance was provided to the Company by Montrovest to finance working capital needs and for general corporate purposes. This advance and any interest thereon is subordinated to the indebtedness of the Company’s On July 28, 2017, the Company received a USD $2.5 million (approximately $3.3 million in Canadian dollars) loan from Montrovest (now Montel), to finance its working capital needs. This loan bears interest at an annual rate of 11%, net of withholding taxes, representing an effective interest rate of approximately 12%, and is due and payable in two equal payments of USD$1.25 million (approximately $1.55 million in Canadian dollars) in each of July 2018 and July 2019. During fiscal year 2019, USD$1.25 million (approximately $1.55 million in Canadian dollars) was repaid. In May 2019, Montel granted the Company a one year extension of the term of the outstanding balance of $1.8 million (USD $1.25 million) which was scheduled to be fully repaid in July 2019. In December 2019, the Company obtained a one-year Due to the Montrovest Merger, Montrovest’s separate legal existence ceased and as a result of such merger, the cash advance agreements as well as the loan agreement have been assumed by Montel. (e) In accordance with the Company’s Code of Conduct related to related party transactions, in April 2011, the Company’s corporate governance and nominating committee and Board of Directors approved the reimbursement to Regaluxe Srl, of certain expenses, such as rent, communication, administrative support and analytical service costs, incurred in supporting the office of Dr. Lorenzo Rossi di Montelera, the Company’s then Chairman, and of Mr. Niccolò Rossi di Montelera, the Company’s Chairman of the Executive Committee and the Company’s current Executive Chairman of the Board, for the work performed on behalf of the Company, up to a yearly maximum of USD$260,000 (approximately $340,000 in Canadian dollars). The yearly maximum was reduced to USD$130,000 (approximately $170,000 in Canadian dollars), and in fiscal 2019 the terms were amended so that only administrative support and analytical service costs can be reimbursed. , one-year r (f) Effective January 1, 2017, the Company agreed to total annual compensation of €250,000 (approximately $388,000 in Canadian dollars),with Mr. Niccolò Rossi di Montelera in connection with his appointment as Executive Chairman of the Board and Chairman of the Executive Committee. As an effort to mitigate the financial impact of COVID-19, COVID-19 COVID-19 (g) On March 28, 2018, the Company’s Board of Directors approved the Company’s entry into a consulting services agreement with Carlo Coda Nunziante effective April 1, 2018. Under the agreement, Carlo Coda-Nunziante, out-of-pocket Coda-Nunziante COVID-19 one-year

Financial instruments

Financial instruments	12 Months Ended
	Mar. 27, 2021
Investments, All Other Investments [Abstract]
Financial instruments	16. Financial instruments: Fair value of financial instruments: Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. U.S. GAAP establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. U.S. GAAP prescribes three levels of inputs that may be used to measure fair value: Level 1 – Quoted prices in active markets for identical assets or liabilities. Level 1 inputs are considered to carry the most weight within the fair value hierarchy due to the low levels of judgment required in determining fair values. Level 2 – Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3 – Unobservable inputs reflecting the reporting entity’s own assumptions. Level 3 inputs are considered to carry the least weight within the fair value hierarchy due to substantial levels of judgment required in determining fair values. The Company has determined that the carrying value of its cash and cash equivalents, accounts receivable, long-term receivables, accounts payable and accrued liabilities approximates fair values as at the balance sheet date. As of March 27, 2021 and March 28, 2020, for the $53.4 million and $58.0 million, respectively, of bank indebtedness and the $12.3 million and $12.2 million, respectively of long-term debt bearing interest at variable rates, the fair value is considered to approximate the carrying value. As of March 27, 2021 and March 28, 2020, the fair value of the remaining $13.7 million and $4.1million, respectively of fixed-rate long-term debt is estimated to be approximately $12.9 million and $3.9 million, respectively. The fair value was determined by discounting the future cash flows of each instrument at the current market interest rates for the same or similar debt instruments with the same remaining maturities adjusted for all necessary risks, including its own credit risk. In determining an appropriate spread to reflect its credit standing, the Company considered interest rates currently offered to the Company for similar debt instruments of comparable maturities by the Company’s lenders. As a result, the Company has determined that the inputs used to value these long-term debts fall within Level 3 of the fair value hierarchy.

Discontinued operations

Discontinued operations	12 Months Ended
	Mar. 27, 2021
Discontinued Operations and Disposal Groups [Abstract]
Discontinued operations	17. Discontinued operations The Company considers a component to be classified as discontinued operations when it meets the criteria established under GAAP related to reporting discontinued operations and disclosures of disposals of components of the Company. The disposal of such components that represents a strategic shift that should have or will have a major effect on the Company’s operations and financial results qualify as discontinued operations. The results of discontinued operations are reported in discontinued operations in the consolidated statements of operations for current and prior periods commencing in the period in which the business meets the criteria of an asset held for sale and discontinued operation, and will include any gain or loss recognized on closing or adjustment of the carrying amount to fair value less cost to sell. On August 11, 2017, the Company entered into a stock purchase agreement with Aurum to sell its wholly-owned subsidiary, Mayors, which operated in Florida and Georgia and was engaged primarily in luxury timepieces and jewelry retail activities. The sale was completed on October 23, 2017. Accordingly, any related activities remaining of Mayors have been segregated and classified as discontinued operations in the consolidated statements of operations and cash flows for all periods presented. In fiscal 2020, the Company incurred related costs of approximately $0.6 million associated with a sales tax audit, stay bonuses and termination fees for cancelling agreement contract, which have been allocated to the results of discontinued operations. In fiscal 2019, the Company incurred related costs of approximately $0.9 million, in addition to recognizing a net operating expense recovery of approximately $0.5 million as part of the transition services agreement with Aurum which has been allocated to the results of discontinued operations. No costs were incurred in fiscal 2021 related to this discontinued operation. The following table presents the net income from discontinued operations for the year ended March 28, 2020, and March 30, 2019. There is no table for the year ended March 27, 2021 since there was no income or costs: March 28, 2020 March 30, 2019 Net sales $ — $ — Cost of sales — — Gross profit — — Selling, general and administrative expenses 552 381 Restructuring charges — — Depreciation and amortization — — Total operating expenses 552 381 Operating (loss) income (552 ) (381 ) Interest and other financial costs — — Debt extinguishment charges — — (Loss) income before taxes (552 ) (381 ) Income tax expense (benefit) — — (Loss) income from discontinued operations, net of taxes (552 ) (381 ) Gain on disposal, net of taxes — — Net (loss) income from discontinued operations $ (552 ) $ (381 ) Weighted average common shares outstanding: Basic 17,968 17,961 Diluted 17,968 17,961 Net (loss) income from discontinued operations per common share: Basic $ (0.03 ) $ (0.02 ) Diluted $ (0.03 ) $ (0.02 )

Government grants

Government grants	12 Months Ended
	Mar. 27, 2021
Government Grants [Abstract]
Government Grants [Text Block]	18. Government grants In response to the COVID-19 The Government of Canada announced the CEWS program in April 2020. CEWS provides a wage subsidy COVID-19. The Government of Canada announced the CERS program in October 2020. CERS provides a rent subsidy for eligible property expenses, such as occupancy costs, based on certain criteria and is proportional to revenue declines as a result of COVID-19. The Company has determined that it had qualified for this subsidy for certain intermittent periods in fiscal 2021. The Company expects to complete the filing requirements and application to the CERS in the first quarter of fiscal 2022. For the fiscal year ended March 27, 2021, the Company has recognized $0.5 million of CERS and has recorded it as a reduction to the eligible occupancy expense incurred by the Company during this period (within selling, general and administrative expenses). As at March 27, 2021, nil of CERS has been collected and $0.5 million is included within Account Receivable on the consolidated balance sheet.

Significant accounting polici_2

Significant accounting policies (Policies)	12 Months Ended
	Mar. 27, 2021
Accounting Policies [Abstract]
Revenue recognition	(a) Revenue recognition: Sales are recognized at the point of sale when merchandise is picked up by the customer or delivered to a customer. Sales to our wholesale customers are recognized when the Company has agreed to terms with its customers, the contractual rights and payment terms have been identified, the contract has commercial substance, it is probable that consideration will be collected by the Company and when control of the goods has been transferred to the customer. Shipping and handling fees billed to customers are included in net sales. Revenues for gift certificate sales and store credits are recognized upon redemption. Prior to recognition as a sale, gift certificates are recorded as accounts payable on the balance sheet. Based on historical redemption rates, the Company estimates the portion of outstanding gift certificates (not subject to unclaimed property laws) that will ultimately not be redeemed and records this amount as breakage income. The Company recognizes such breakage income in proportion to redemption rates of the overall population of gift certificates and store credits. Gift certificates and store credits outstanding and subject to unclaimed property laws are maintained as accrued liabilities until remitted in accordance with local ordinances. Sales of consignment merchandise are recognized at such time as the merchandise is sold, and are recorded on a gross basis because the Company is the primary obligor of the transaction, has general latitude on setting the price, has discretion as to the suppliers, is involved in the selection of the product and has inventory loss risk. Sales are reported net of returns and sales taxes. The Company generally gives its customers the right to return merchandise purchased by them within 10 to 90 days, depending on the product sold and records a provision at the time of sale for the effect of the estimated returns which is determined based on historical experience. Revenues for repair services are recognized when the service is delivered to and accepted by the customer. Licensing fees are recognized when the product is delivered to and accepted by the customer.
Cost of sales	(b) Cost of sales: Cost of sales includes direct inbound freight and duties, direct labor related to repair services, design and creative costs (labor and overhead) inventory shrink, inventory thefts, and boxes (jewelry, watch and giftware). Indirect freight including inter-store transfers, purchasing and receiving costs, distribution costs and warehousing costs are included in selling, general and administrative expenses. Mark down dollars received from vendors are recorded as a reduction of inventory costs to the specific items to which they apply and are recognized in cost of sales once the items are sold.
Cash and cash equivalents	(c) Cash and cash equivalents: The Company utilizes a cash management system under which a book cash overdraft may exist in its primary disbursement account. These overdrafts, when applicable, represent uncleared checks in excess of cash balances in the bank account at the end of a reporting period and have been reclassified to accounts payable on the consolidated balance sheets. The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents. Amounts receivable from credit card issuers are included in cash and cash equivalents and are typically converted to cash within 2 to 4 days of the original sales transaction. These amounts totaled $1.8 million at March 27, 2021 and $0.6 million at March 28, 2020.
Accounts receivable	(d) Accounts receivable: Accounts receivable arise primarily from customers’ use of our private label and proprietary credit cards and wholesale sales and are initially recognized at fair value and subsequently measured at amortized cost using the effective interest method, less expected credit losses. Several installment sales plans are offered to our private label credit card holders and proprietary credit card holders which vary as to repayment terms and finance charges. Finance charges on the Company’s consumer credit receivables, when applicable, accrue at rates ranging from 0% to 9.99% per annum for financing plans. The Company maintains allowances for expected credit losses associated with the accounts receivable recorded on the balance sheet for estimated losses resulting from the inability of its customers to make required payments. The allowance for credit losses is an estimate of expected credit losses, measured on a collective basis over the estimated life of the Company’s customer in-house receivables write-off The Company classifies a receivable account as past due if a required payment amount has not been received within the allotted time frame (generally 30 days), after which internal collection efforts commence. Once all internal collection efforts have been exhausted and management has reviewed the account, the account is sent for external collection or legal action. Upon the suspension of the accrual of interest, interest income is recognized to the extent cash payments received exceed the balance of the principal amount owed on the account. After all collection efforts have been exhausted, including internal and external collection efforts, an account is written off. The Company guarantees a portion of its private label credit card sales to its credit card vendor. The Company maintains a liability associated with these outstanding amounts. Similar to the allowance for expected credit losses, the liability related to these guaranteed sales amounts are based on a combination of factors including the length of time the receivables are past due to the Company’s credit card vendor, the Company’s knowledge of the customer, economic and market conditions and historical write-off The allowance for credit losses includes an estimate for uncollectible principal as well as unpaid interest. Accrued interest is included within the same line item as the respective principal amount of the customer in-house receivables and written-off. Accrued
Inventories	(e) Inventories: Finished goods inventories and inventories of raw materials are valued at the lower of average cost (which includes material, labor and overhead costs) or net realizable value, which is the estimated selling price in the ordinary course of business. The Company records inventory reserves for lower of cost or net realizable value, which includes slow-moving finished goods inventory, and damaged goods, and shrink. The cost of inbound freight and duties are included in the carrying value of the inventories. The reserve for slow-moving finished goods inventories is equal to the difference between the cost of inventories and the estimated selling prices, resulting in the expected gross margin. There is estimation uncertainty in relation to the identification of slow-moving finished goods inventories which are based on certain criteria established by the Company. The criteria includes operational decisions by management to discontinue ordering the inventories based on sales trends, market conditions, and the aging of the inventories. Estimation uncertainty also exists in determining the expected selling prices and associated gross margins through normal sales channels, which are based on assumptions about future demand and market conditions for those slow-moving inventories. If actual market conditions are less favorable than those projected by management, additional inventory reserves may be required. The reserve for inventory shrink is estimated for the period from the last physical inventory date to the end of the reporting period on a store by store basis and at our distribution centers. The shrink rate from the most recent physical inventory, in combination with historical experience, is the basis for providing a shrink reserve.
Property and equipment	(f) Property and equipment: Property and equipment are recorded at cost less any impairment charges. Maintenance and repair costs are charged to selling, general and administrative expenses as incurred, while expenditures for major renewals and improvements are capitalized. Depreciation and amortization are computed using the straight-line method based on the estimated useful lives of the assets as follows: Asset Period Leasehold improvements Lesser of term of the lease or the economic life Software and electronic equipment 1 - 6 years Furniture and fixtures 5 - 8 years Equipment 3 - 8 years
Intangible assets and other assets	(g) Intangible assets and other assets: Eligible costs incurred during the development stage of information systems projects are capitalized and amortized over the estimated useful life of the related project and presented as part of intangible assets and other assets on the Company’s balance sheet. Eligible costs include those related to the purchase, development, and installation of the related software. Intangible assets and other assets also consist of trademarks and tradenames, which are amortized using the straight-line method over a period of 15 to 20 years. The Company had $5.9 million and $5.8 million of intangible assets at cost as at March 27, 2021 and March 28, 2020, respectively. The Company had $1.0 million and $0.9 million of accumulated amortization of intangibles at March 27, 2021 and March 28, 2020, respectively.
Leases	(h) Leases: In February 2017, the FASB issued ASU 2017-02 right-of-use non-lease The adoption of ASU 2017-02 • The establishment of an operating lease liability of $76.8 million and a corresponding operating lease right-of-use • The reclassification of existing deferred lease inducements balance of $6.8 million and deferred straight-line rent of $4.3 million from Other long-term liabilities to Operating lease right-of-use • The reclassification of deferred gains on sale-leasebacks of $2.4 million previously recorded in other long-term liabilities, to opening retained earnings. We determine if an arrangement is a lease at inception. The amounts of the Company’s operating lease right-of-use ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and operating lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments in order to measure its lease liabilities at commencement date. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. The Company leases office, distribution, and retail facilities. Certain retail store leases may require the payment of minimum rentals and contingent rent based on a percentage of sales exceeding a stipulated amount. The Company’s lease agreements expire at various dates through 2034, are subject, in many cases, to renewal options and provide for the payment of taxes, insurance and maintenance. Certain leases contain escalation clauses resulting from the pass through of increases in operating costs, property taxes and the effect on costs from changes in consumer price indices, which are considered as variable costs. The Company determines its lease payments based on predetermined rent escalations, rent-free periods and other incentives. The Company recognizes lease expense on a straight-line basis over the related terms of such leases, including any rent-free period and beginning from when the Company takes possession of the leased facility. Variable operating lease expenses, including contingent rent based on a percentage of sales, CAM charges, rent related taxes, mall advertising and adjustments to consumer price indices, are recorded in the period such amounts and adjustments are determined. Lease expense is recorded within selling, general and administrative expenses in the statement of operations. Lease arrangements occasionally include renewal options. The Company uses judgment when assessing the renewal options in the leases and assesses whether or not it is reasonably certain to exercise these renewal options if they are within the control of the Company. Any renewal options not reasonably certain to be exercised are excluded from the lease term. The Company monitors for events or changes in circumstances that require a reassessment of one of its leases. ROU assets, as part of the group of assets, are periodically reviewed for impairment. The Company uses the long-lived assets impairment guidance in ASC Subtopic 360-10,
Deferred financing costs	(i) Deferred financing costs: The Company amortizes deferred financing costs incurred in connection with its financing agreements using the effective interest method over the term of the related financing. Such deferred costs are presented as a reduction to bank indebtedness and long-term debt in the accompanying consolidated balance sheets.
Warranty accrual	(j) Warranty accrual: The Company provides warranties on its Bijoux Birks branded jewelry and watches for periods extending up to five years and has a battery replacement policy for its Bijoux Birks branded watches. The Company accrues a liability based on its historical repair costs for such warranties.
Income taxes	(k) Income taxes: Deferred income taxes reflect the net tax effects of (a) temporary differences between the carrying amounts of assets and liabilities for financial statement reporting purposes and the bases for income tax purposes, and (b) operating losses and tax credit carryforwards. Deferred income tax assets are evaluated and, if realization is not considered to be more-likely-than-not,
Foreign exchange	(l) Foreign exchange: Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange in effect at the balance sheet date. Non-monetary 1.2 0.1 0.5 0.3
Impairment of long-lived assets	(m) Impairment of long-lived assets: The Company periodically reviews the estimated useful lives of its depreciable assets and changes in useful lives are made on a prospective basis unless factors indicate the carrying amounts of the assets may not be recoverable and an impairment write-down is necessary. However, the Company will review its long-lived assets for impairment once events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. An impairment loss would be recognized when the estimated undiscounted future cash flows expected to result from the use of an asset and its eventual disposition is less than its carrying value. Measurement of an impairment loss for such long-lived assets would be based on the difference between the carrying value and the fair value of the asset, with fair value being determined based upon discounted cash flows or appraised values, depending on the nature of the asset. Long-lived assets to be disposed of are reported at the lower of the carrying amount or fair value less cost to sell. The Company recorded non-cash
Advertising and marketing costs	(n) Advertising and marketing costs: Advertising and marketing costs are generally charged to expense as incurred and are included in selling, general and administrative expenses in the consolidated statements of operations. The Company and its vendors participate in cooperative advertising programs in which the vendors reimburse the Company for a portion of certain specific advertising costs which are netted against advertising expense in selling, general and administrative expenses, and amounted to $0.7 million, $1.1 million, and $1.0 million for each of the years ended March 27, 2021, March 28, 2020, and March 30, 2019, respectively. Advertising and marketing expense, net of vendor cooperative advertising allowances, amounted to $6.5 million, $7.5 million, and $8.7 million, in the years ended March 27, 2021, March 28, 2020, and March 30, 2019, respectively.
Government grants	(o) Government grants: The Company recognizes a government grant when there is reasonable assurance that it will comply with the conditions required to qualify for the grant, and that the grant will be received. The Company recognizes government grants as a reduction to the expense that the grant is intended to offset.
Earnings per common share	(p) Earnings per common share: Basic earnings per share (“EPS”) is computed as net earnings divided by the weighted-average number of common shares outstanding for the period. Diluted EPS includes the dilutive effect of the assumed exercise of stock options and warrants. The following table sets forth the computation of basic and diluted (loss) earnings per common share for the years ended March 27, 2021, March 28, 2020, and March 30, 2019: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands, except per share data) Basic (loss) income per common share computation: Numerator: Net (loss) income $ (5,838 ) $ (12,779 ) $ (18,686 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 (Loss) income per common share $ (0.32 ) $ (0.71 ) $ (1.04 ) Diluted (loss) income per common share computation: Numerator: Net (loss) income $ (5,838 ) $ (12,779 ) $ (18,686 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 Dilutive effect of stock options and warrants — — — Weighted-average common shares outstanding – diluted 18,005 17,968 17,961 Diluted (loss) income per common share $ (0.32 ) $ (0.71 ) $ (1.04 ) The following table sets forth the computation of basic and diluted (loss) earnings from continuing operations per common share for the years ended March 27, 2021, March 28, 2020, and March 30, 2019: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands, except per share data) Basic (loss) from continuing operations per common share computation: Numerator: Net loss from continuing operations $ (5,838 ) $ (12,227 ) $ (18,305 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 Loss from continuing operations per common share $ (0.32 ) $ (0.68 ) $ (1.02 ) Diluted income per common share computation: Numerator: Net loss from continuing operations $ (5,838 ) $ (12,227 ) $ (18,305 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 Dilutive effect of stock options and warrants — — — Weighted-average common shares outstanding – diluted 18,005 17,968 17,961 Diluted loss from continuing operations per common share $ (0.32 ) $ (0.68 ) $ (1.02 ) For the year ended March 27, 2021, the effect from the assumed exercise of nil Class A voting shares underlying outstanding stock options and 10,932 Class A voting shares underlying outstanding warrants was excluded from the computation of diluted earnings per share due to their antidilutive effect. For the year ended March 28, 2020, the effect from the assumed exercise of 704,818 Class A voting shares underlying outstanding stock options and 382,693 Class A voting shares underlying outstanding warrants was excluded from the computation of diluted earnings per share due to their antidilutive effect. For the year ended March 30, 2019, the effect from the assumed exercise of 288,000 Class A voting shares underlying outstanding stock options and 382,693 Class A voting shares underlying outstanding warrants was excluded from the computation of diluted earnings per share due to their antidilutive effect.
Recent Accounting Pronouncements adopted during the year	Recent Accounting Pronouncements adopted during the year: In June 2016, the FASB issued ASU 2016-13 — Financial Instruments — Credit Losses (Topic 326) In August 2018, the FASB issued ASU 2018-15 —Intangibles—Goodwill and Other—Internal-Use 2018-15 internal-use Recent Accounting Pronouncements not yet adopted: In December 2019, the FASB issued ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes

Significant accounting polici_3

Significant accounting policies (Tables)	12 Months Ended
	Mar. 27, 2021
Accounting Policies [Abstract]
Estimated Useful Lives of Assets	Depreciation and amortization are computed using the straight-line method based on the estimated useful lives of the assets as follows: Asset Period Leasehold improvements Lesser of term of the lease or the economic life Software and electronic equipment 1 - 6 years Furniture and fixtures 5 - 8 years Equipment 3 - 8 years
Basic and Diluted Earnings Per Common Share	The following table sets forth the computation of basic and diluted (loss) earnings per common share for the years ended March 27, 2021, March 28, 2020, and March 30, 2019: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands, except per share data) Basic (loss) income per common share computation: Numerator: Net (loss) income $ (5,838 ) $ (12,779 ) $ (18,686 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 (Loss) income per common share $ (0.32 ) $ (0.71 ) $ (1.04 ) Diluted (loss) income per common share computation: Numerator: Net (loss) income $ (5,838 ) $ (12,779 ) $ (18,686 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 Dilutive effect of stock options and warrants — — — Weighted-average common shares outstanding – diluted 18,005 17,968 17,961 Diluted (loss) income per common share $ (0.32 ) $ (0.71 ) $ (1.04 ) The following table sets forth the computation of basic and diluted (loss) earnings from continuing operations per common share for the years ended March 27, 2021, March 28, 2020, and March 30, 2019: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands, except per share data) Basic (loss) from continuing operations per common share computation: Numerator: Net loss from continuing operations $ (5,838 ) $ (12,227 ) $ (18,305 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 Loss from continuing operations per common share $ (0.32 ) $ (0.68 ) $ (1.02 ) Diluted income per common share computation: Numerator: Net loss from continuing operations $ (5,838 ) $ (12,227 ) $ (18,305 ) Denominator: Weighted-average common shares outstanding 18,005 17,968 17,961 Dilutive effect of stock options and warrants — — — Weighted-average common shares outstanding – diluted 18,005 17,968 17,961 Diluted loss from continuing operations per common share $ (0.32 ) $ (0.68 ) $ (1.02 )

Accounts receivable and other_2

Accounts receivable and other receivables (Tables)	12 Months Ended
	Mar. 27, 2021
Receivables [Abstract]
Summary of Accounts Receivable, Net of Allowance for Doubtful Accounts	Accounts receivable, net of allowance for credit losses, at March 27, 2021 and March 28, 2020 consist of the following: As of March 27, 2021 March 28, 2020 (In thousands) Customer trade receivables $ 3,055 $ 4,119 Other receivables 4,253 1,900 $ 7,307 $ 6,019
Schedule of Continuity of Allowance for Doubtful Accounts	Continuity of the allowance for doubtful accounts is as follows (in thousands): Balance March 31, 2018 $ 513 Provision for credit losses 170 Net write offs (249 ) Balance March 30, 2019 434 Provision for credit losses 857 Net write offs (326 ) Balance March 28, 2020 $ 965 Provision for credit losses 546 Net write offs (262 ) Balance March 27, 2021 $ 1,249
Summary of Disaggregates the Company's Accounts Receivables and Long-Term Receivables	The following table disaggregates the Company’s accounts receivables and other receivables and long-term receivables as at March 27, 2021: Current 1 -30 days past due 31 -60 past due 61 -90 past due Greater Total Customer in-house $ 7,677 $ 386 $ 74 $ 286 $ 764 $ 9,187 Other receivables 4,798 88 30 53 73 5,042 $ 12,474 $ 474 $ 104 $ 339 $ 837 $ 14,229

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Mar. 27, 2021
Inventory Disclosure [Abstract]
Summary of Inventories, Net of Reserves	Inventories, net of reserves, are summarized as follows: As of March 27, 2021 March 28, 2020 (In thousands) Raw materials and work in progress $ 813 $ 1,174 Finished goods 96,976 100,725 $ 97,789 $ 101,899
Continuity of the Inventory Reserves	Continuity of the inventory reserves are as follows (in thousands): Balance March 31, 2018 $ 1,919 Additional charges 647 Deductions (671 ) Balance March 30, 2019 1,895 Additional charges 342 Deductions (390 ) Balance March 28, 2020 1,847 Additional charges 291 Deductions (200 ) Balance March 27, 2021 $ 1,938

Property and equipment (Tables)

Property and equipment (Tables)	12 Months Ended
	Mar. 27, 2021
Property, Plant and Equipment [Abstract]
Components of Property and Equipment	The components of property and equipment are as follows: As of March 27, 2021 March 28, 2020 (In thousands) Leasehold improvements 35,877 34,626 Furniture, fixtures and equipment 13,121 13,327 Software and electronic equipment 9,839 9,203 58,837 57,156 Accumulated depreciation and impairment charges (34,341 ) (30,543 ) $ 24,496 $ 26,613

Bank indebtedness (Tables)

Bank indebtedness (Tables)	12 Months Ended
	Mar. 27, 2021
Debt Disclosure [Abstract]
Summary of Company's Senior Credit Facility	The information concerning the Company’s bank indebtedness is as follows: Fiscal Year Ended March 27, 2021 March 28, 2020 (In thousands) Maximum borrowing outstanding during the year $ 64,121 $ 64,702 Average outstanding balance during the year $ 56,807 $ 56,001 Weighted average interest rate for the year 2.9 % 4.2 % Effective interest rate at year-end 2.6 % 3.8 %

Long-term debt (Tables)

Long-term debt (Tables)	12 Months Ended
	Mar. 27, 2021
Debt Disclosure [Abstract]
Summary of Long-Term Debt	(a) Long-term debt consists of the following: As of March 27, 2021 March 28, 2020 (In thousands) Term loan from SLR Credit Solutions, bearing interest at an annual rate of CDOR plus 8.25%, repayable at maturity in October 2022, secured by the assets of the Company (net of deferred financing costs of $167,000 and $272,000, respectively). Refer to note 6 for additional information 12,333 12,228 $10 million term loan from Investissement Québec, bearing interest at an annual rate of 3.14%, repayable in 60 equal payments beginning in July 2021 (net of deferred financing costs of $44,000). 9,956 — USD $1.5 million cash advance owing to the Company’s controlling shareholder, Montel, bearing interest at an annual rate of 11%, net of withholding taxes (note 15(c)) 1,887 2,109 USD $2.5 million loan owing to the Company’s controlling shareholder, Montel, bearing interest at an annual rate of 11%, net of withholding taxes (note 15(c)). Repayable in August 2021. 1,573 1,757 Obligations under finance leases, at annual interest rates between 2.2% and 3.9%, secured by leasehold improvements, furniture, and equipment, maturing at various dates to June 2025. 273 187 26,022 16,281 Current portion of long-term debt 2,960 64 $ 23,062 $ 16,217
Summary of Future Minimum Lease Payments for Finance Leases	(c) Future minimum lease payments for finance leases required in the following five years are as follows (in thousands): Year ending March: 2022 $ 75 2023 75 2024 69 2025 68 2026 54 341 Less imputed interest 68 $ 273
Summary of Principal Payment on Long Term Debt Including Obligation Under Finance Lease	(d) Principal payments on long-term debt required in the following five years and thereafter, including obligations under finance leases, are as follows (in thousands): Year ending March: 2022 $ 2,981 2023 14,575 2024 2,069 2025 2,068 2026 2,054 Thereafter 2,554 $ 26,301

Benefit plans and stock-based_2

Benefit plans and stock-based compensation (Tables)	12 Months Ended
	Mar. 27, 2021
Summary of Status of Stock Options	A summary of the status of Birks’ stock options at March 27, 2021 is presented below: Options outstanding Options exercisable Exercise price Number Weighted Weighted Number Weighted $ 0.78 145,000 4.5 $ 0.78 145,000 $ 0.78 $ 0.84 100,000 2.1 0.84 100,000 0.84 $ 0.89 5,000 1.6 0.89 5,000 0.89 $ 1.43 142,000 5.6 1.43 142,000 1.43 $ 1.66 3,147 2.5 1.66 3,147 1.66 395,147 3.2 $ 1.04 395,147 $ 1.04
Schedule Restricted Stock Options And Deferred Stock Units [Table Text Block]	A summary of the status of Birks’ restricted stock units and deferred share units at March 27, 2021 is presented below: DSU Outstanding March 31, 2018 130,410 Grants of new units 133,588 Forfeited (6,993 ) Outstanding March 30, 2019 257,005 Grants of new units 244,844 Forfeited (36,715 ) Outstanding March 28, 2020 465,134 Grants of new units 223,878 Outstanding March 27, 2021 689,012 RSU Outstanding March 31, 2018 112,000 Settled in cash (5,500 ) Forfeited (4,500 ) Outstanding March 30, 2019 102,000 Settled in cash (102,000 ) Outstanding March 28, 2020 0 Grants of new units 375,000 Outstanding March 27, 2021 375,000
Birks Stock Option Plan [Member]
Summary of Activity of Stock Option Plans and Arrangements	The following is a summary of the activity of Birks’ stock option plans and arrangements. Options Weighted average Outstanding March 31, 2018 813,666 $ 1.13 Equity cash-out (51,400 ) 1.00 Forfeited (21,206 ) 1.11 Outstanding March 30, 2019 741,060 1.14 Exercised (10,000 ) 0.78 Forfeited (26,242 ) 1.43 Outstanding March 28, 2020 704,818 1.13 Exercised (226,853 ) 1.10 Forfeited (82,818 ) 1.66 Outstanding March 27, 2021 395,147 $ 1.04 (a) In connection with its restructuring initiative, the Company offered an equity cash-out
Mayors Stock Option Plan [Member]
Summary of Stock Option Activity	The following is a summary of the activity of Mayors stock option plans: Options Weighted average Outstanding March 31, 2018 41 1.05 Settled in cash (41 ) 0.78 Outstanding March 30, 2019 $ 0 $ 0.00

Income taxes (Tables)

Income taxes (Tables)	12 Months Ended
	Mar. 27, 2021
Income Tax Disclosure [Abstract]
Summary of Net Deferred Tax Assets Related to Continuing Operations	The significant items comprising the Company’s net deferred tax assets at March 27, 2021 and March 28, 2020 are as follows: Fiscal Year Ended March 27, 2021 March 28, 2020 Deferred tax assets: (In thousands) Loss and tax credit carry forwards $ 14,801 $ 14,987 Difference between book and tax basis of property and equipment 4,757 3,674 Operating lease right-of-use 3,997 3,820 Other reserves not currently deductible 1,187 136 Other (177 ) (142 ) Net deferred tax asset before valuation allowance 24,565 22,475 Valuation allowance (24,565 ) (22,475 ) Net deferred tax asset $ — $ —
Components of Income Tax Expense (Benefit) from Continuing Operations	The Company’s income tax expense (benefit) consists of the following components: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands) Income tax expense (benefit): Current $ — $ — $ — Deferred (1,606 ) (3,195 ) (4,769 ) Valuation allowance 1,606 3,195 4,769 Income tax expense $ — $ — $ —
Schedule of Effective Income Tax Rate Reconciliation	The Company’s provision for income taxes varies from the amount computed by applying the statutory income tax rates for the reasons summarized below: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 Canadian statutory rate 26.2 % 26.6 % 26.8 % Rate differential for U.S. operations 0.0 % 0.0 % 0.1 % Utilization of unrecognized losses and other tax attributes (27.3 %) (26.4 %) (26.2 %) Permanent differences and other 1.1 % (0.2 %) (0.7 %) Total 0 % 0 % 0 %

Capital stock (Tables)

Capital stock (Tables)	12 Months Ended
	Mar. 27, 2021
Equity [Abstract]
Summary of Common Stock Outstanding	The issued and outstanding shares are as follows: Class A common stock Class B common stock Total common stock Number of Shares Amount Number of Shares Amount Number of Shares Amount Balance as of March 30, 2019 10,242,911 $ 35,593 7,717,970 $ 57,755 17,960,881 $ 93,348 Exercise of stock options 10,000 20 — — 10,000 20 Balance as of March 28, 2020 10,252,911 35,613 7,717,970 $ 57,755 17,970,881 $ 93,368 Exercise of stock options and warrants 358,062 1,748 — — 358,062 1,748 Balance as of March 27, 2021 10,610,973 $ 37,361 7,717,970 $ 57,755 18,328,943 $ 95,116

Leases (Table)

Leases (Table)	12 Months Ended
	Mar. 27, 2021
Leases [Abstract]
Consolidated Statement of Earnings	Amounts recognized in the Consolidated Statement of Earnings were as follows: 52 weeks ended March 27, 2021 52 weeks ended March 28, 2020 (in thousands) Fixed operating lease expense $ 12,495 $ 12,704 Variable operating lease expense (1) 927 4,437 Total lease expense $ 13,422 $ 17,141 (1) In May 2020, the FASB issued guidance to Topic 842, Leases, exempting lessees from determining whether COVID-19 COVID-19 COVID-19.
Supplemental Cash Flow Information Operating Lease	The following table provides supplemental cash flow information related to the Company’s operating leases: 52 weeks ended March 27, 2021 52 weeks ended March 28, 2020 (in thousands) Cash outflows from operating activities attributable to operating leases (1) $ 9,186 $ 10,245 Right-of-use 2,562 3,509 (1) Net of $4.2 million rent concessions associated to base rent for the period ended March 27, 2021. (2) Right-of-use
Consolidated Balance Sheet For Operating Leases And Finance Leases	Minimum Lease Payments as of March 27, 2021 (in thousands) Year ending March: Operating 2022 13,319 2023 13,802 2024 13,196 2025 11,895 2026 10,492 Thereafter 61,338 Total minimum lease payments 124,042 Less: amount of total minimum lease payments representing interest (51,031 ) Present value of future total minimum lease payments 73,011 Less: current portion of lease liabilities (6,298 ) Long-term lease liabilities $ 66,713

Segmented information (Tables)

Segmented information (Tables)	12 Months Ended
	Mar. 27, 2021
Segment Reporting [Abstract]
Schedule of Information Relating to Segments	Certain information relating to the Company’s segments for the years ended March 27, 2021, March 28, 2020, and March 30, 2019, respectively, is set forth below: Retail Other Total 2021 2020 2019 2021 2020 2019 2021 2020 2019 (In thousands) Sales to external customers $ 130,758 $ 160,981 $ 143,499 $ 12,310 $ 8,439 $ 7,550 $ 143,068 $ 169,420 $ 151,049 Inter-segment sales — — — 681 3,606 9,912 681 3,606 9,912 Unadjusted Gross profit 51,029 64,210 58,936 5,989 4,074 1,119 57,018 68,284 60,055
Schedule of Reconciliations of Segments Gross Profits and Certain Unallocated Costs to Consolidated Gross Profits	The following sets forth reconciliations of the segments’ gross profits and certain unallocated costs to the Company’s consolidated gross profits for the years ended March 27, 2021, March 28, 2020, and March 30, 2019: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands) Unadjusted gross profit $ 57,018 $ 68,284 $ 60,055 Inventory provisions (736 ) (475 ) (686 ) Other unallocated costs 38 (3,586 ) (998 ) Adjustment of intercompany profit 30 254 206 Gross profit $ 56,350 $ 64,477 $ 58,577
Summary of Sales by Classes of Similar Products	Sales by classes of similar products and by channel were as follows: Retail Other Total 2021 2020 2019 2021 2020 2019 2021 2020 2019 (In thousands) Jewelry and other $ 55,743 $ 81,736 $ 91,493 $ 11,553 $ 8,439 $ 7,550 $ 67,296 $ 90,175 $ 99,043 Timepieces 75,015 79,245 52,006 757 — — 75,772 79,245 52,006 $ 130,758 $ 160,981 $ 143,499 $ 12,310 $ 8,439 $ 7,550 $ 143,067 $ 169,420 $ 151,049

Related party transactions (Tab

Related party transactions (Tables)	12 Months Ended
	Mar. 27, 2021
Related Party Transactions [Abstract]
Balance Related to Related Parties	(a) The Company is party to certain related party transactions. Balances related to these related parties are disclosed in the consolidated financial statements except the following: Fiscal Year Ended March 27, 2021 March 28, 2020 March 30, 2019 (In thousands) Expenses incurred: Management fees to related parties (b) — — 61 Consultant fees to a related party (d) & (g) 209 229 231 Expense reimbursement to a related party (e) 30 68 167 Interest expense on cash advance received from controlling shareholder (c) 370 426 455 Compensation paid to a related party (f) 329 345 385 Balances: Accounts payable to related parties 66 231 142 Interest payable on cash advance received from controlling shareholder (c) 269 448 90

Discontinued operations (Tables

Discontinued operations (Tables)	12 Months Ended
	Mar. 27, 2021
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations	The following table presents the net income from discontinued operations for the year ended March 28, 2020, and March 30, 2019. There is no table for the year ended March 27, 2021 since there was no income or costs: March 28, 2020 March 30, 2019 Net sales $ — $ — Cost of sales — — Gross profit — — Selling, general and administrative expenses 552 381 Restructuring charges — — Depreciation and amortization — — Total operating expenses 552 381 Operating (loss) income (552 ) (381 ) Interest and other financial costs — — Debt extinguishment charges — — (Loss) income before taxes (552 ) (381 ) Income tax expense (benefit) — — (Loss) income from discontinued operations, net of taxes (552 ) (381 ) Gain on disposal, net of taxes — — Net (loss) income from discontinued operations $ (552 ) $ (381 ) Weighted average common shares outstanding: Basic 17,968 17,961 Diluted 17,968 17,961 Net (loss) income from discontinued operations per common share: Basic $ (0.03 ) $ (0.02 ) Diluted $ (0.03 ) $ (0.02 )

Basis of Presentation - Additio

Basis of Presentation - Additional Information (Detail) $ in Thousands	Jul. 08, 2020USD ($)	Mar. 27, 2021USD ($)Store	Mar. 28, 2020USD ($)	Mar. 30, 2019USD ($)
Organization And Description Of Business [Line Items]
Line of credit facility covenant terms cash minimum		$ 8,500
Net (loss) income from continuing operations		(5,838)	$ (12,227)	$ (18,305)
Net cash (used in) provided by operating activities from continuing operations		(1,723)	(3,225)	(4,340)
Net Income Loss		$ (5,838)	$ (12,779)	$ (18,686)
Percentage of e commerce network business temporarily closed due to government orders		55.00%
Working capital ratio		1.03
Canada Emergency Wage Subsidy Program [Member]
Organization And Description Of Business [Line Items]
Proceed from the issue of funding from financial relief program		$ 1,400
Proceed from the issue of funding from rent subsidy		$ 500
Maximum [Member]
Organization And Description Of Business [Line Items]
Number of stores | Store		29
Minimum [Member]
Organization And Description Of Business [Line Items]
Number of stores | Store		16
Term Loan From Investment Quebec [Member]
Organization And Description Of Business [Line Items]
Long term debt,face value	$ 10,000
Long term debt duration	6 years
Long term debt stated interest rate	3.14%
Long term debt number of instalments	60
New Credit Facility [Member]
Organization And Description Of Business [Line Items]
Line of credit facility covenant terms cash minimum		$ 8,500
Line of credit facility minimum excess availability		$ 8,500

Significant Accounting Polici_4

Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Significant Accounting Policies [Line Items]
Amounts receivable from credit card issuers	$ 1,800	$ 600
Accounts receivable periods	30 days
Amortization method of intangible assets	trademarks and tradenames, which are amortized using the straight-line method over a period of 15 to 20 years.
Intangible assets	$ 5,900	5,800
Accumulated amortization of intangible assets	1,000	900
Asset impairment charges	0	300	$ 100
Reimbursement of advertising cost	700	1,100	1,000
Advertising and marketing expense	6,500	7,500	$ 8,700
Operating Lease, Liability	73,011
Operating Lease, Right-of-Use Asset	$ 57,670	$ 64,069
Restriction of Minimum lease agreement period	12 months
Reclassification of deferred lease inducements	$ 6,800
Deferred Rent Credit	4,300
Reclassification of deferred gains on sale-leasebacks	$ 2,400
Equity Option [Member]
Significant Accounting Policies [Line Items]
Outstanding	0	704,818	288,000
Warrant [Member]
Significant Accounting Policies [Line Items]
Outstanding	10,932	382,693	382,693
Cost of Goods Sold [Member]
Significant Accounting Policies [Line Items]
Foreign exchange gains (losses)	$ 1,600	$ (1,200)	$ (100)
Interest and Other Financial Costs [Member]
Significant Accounting Policies [Line Items]
Foreign exchange gains (losses)	$ 1,300	$ (500)	$ (300)
Maximum [Member]
Significant Accounting Policies [Line Items]
Product return, Days	90 days
Consumer credit receivable charges	9.99%
Minimum [Member]
Significant Accounting Policies [Line Items]
Product return, Days	10 days
Consumer credit receivable charges	0.00%

Significant Accounting Polici_5

Significant Accounting Policies - Estimated Useful Lives of Assets (Detail)	12 Months Ended
	Mar. 27, 2021
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Leasehold improvements	Lesser of term of the lease or the economic life
Software and Electronic Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	1 year
Software and Electronic Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	6 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	8 years
Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	3 years
Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	8 years

Significant Accounting Polici_6

Significant Accounting Policies - Basic and Diluted Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Numerator:
Net (loss) income	$ (5,838)	$ (12,779)	$ (18,686)
Net loss from continuing operations	$ (5,838)	$ (12,227)	$ (18,305)
Denominator:
Weighted-average common shares outstanding	18,005	17,968	17,961
(Loss) income per common share	$ (0.32)	$ (0.71)	$ (1.04)
Loss from continuing operations per common share	$ (0.32)	$ (0.68)	$ (1.02)
Numerator:
Net (loss) income	$ (5,838)	$ (12,779)	$ (18,686)
Net loss from continuing operations	$ (5,838)	$ (12,227)	$ (18,305)
Denominator:
Weighted-average common shares outstanding	18,005	17,968	17,961
Dilutive effect of stock options and warrants
Weighted-average common shares outstanding – diluted	18,005	17,968	17,961
Diluted (loss) income per common share	$ (0.32)	$ (0.71)	$ (1.04)
Diluted loss from continuing operations per common share	$ (0.32)	$ (0.68)	$ (1.02)

Accounts Receivable and Other_3

Accounts Receivable and Other Receivables - Summary of Accounts Receivable, Net of Allowance for Doubtful Accounts (Detail) - USD ($) $ in Thousands	Mar. 27, 2021	Mar. 28, 2020
Receivables [Abstract]
Customer trade receivables	$ 3,055	$ 4,119
Other receivables	4,253	1,900
Total	$ 7,307	$ 6,019

Accounts Receivable and Other_4

Accounts Receivable and Other Receivables - Schedule of Continuity of Allowance for Doubtful Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Receivables [Abstract]
Beginning balance	$ 965	$ 434	$ 513
Provision for credit losses	546	857	170
Net write-offs	(262)	(326)	(249)
Ending balance	$ 1,249	$ 965	$ 434

Accounts receivable and other_5

Accounts receivable and other receivables - Summary of Disaggregates the Company's Accounts Receivables and Long-Term Receivables (Detail) $ in Thousands	Mar. 27, 2021USD ($)
Accounts Receivable, Noncurrent, Past Due [Line Items]
Customer in-house receivables	$ 9,187
Other receivables	5,042
Accounts receivable and other receivable non current net	14,229
Current
Accounts Receivable, Noncurrent, Past Due [Line Items]
Customer in-house receivables	7,677
Other receivables	4,798
Accounts receivable and other receivable non current net	12,474
1 -30 days past due
Accounts Receivable, Noncurrent, Past Due [Line Items]
Customer in-house receivables	386
Other receivables	88
Accounts receivable and other receivable non current net	474
31 -60 days past due
Accounts Receivable, Noncurrent, Past Due [Line Items]
Customer in-house receivables	74
Other receivables	30
Accounts receivable and other receivable non current net	104
61 -90 days past due
Accounts Receivable, Noncurrent, Past Due [Line Items]
Customer in-house receivables	286
Other receivables	53
Accounts receivable and other receivable non current net	339
Greater than 90 days past due
Accounts Receivable, Noncurrent, Past Due [Line Items]
Customer in-house receivables	764
Other receivables	73
Accounts receivable and other receivable non current net	$ 837

Accounts Receivable and Other_6

Accounts Receivable and Other Receivables - Additional Information (Detail) - Non Accrual [Member] - USD ($) $ in Millions	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020
Accounts Receivables [Line Items]
Payment period of term loan	Revolving lines of credit and /or installment plans under which the payment terms exceed one year.
Outstanding amount of receivables	$ 5.7	$ 4.7

Inventories - Summary of Invent

Inventories - Summary of Inventories, Net of Reserves (Detail) - USD ($) $ in Thousands	Mar. 27, 2021	Mar. 28, 2020
Inventory Disclosure [Abstract]
Raw materials and work in progress	$ 813	$ 1,174
Finished goods	96,976	100,725
Total inventory	$ 97,789	$ 101,899

Inventories - Continuity of the

Inventories - Continuity of the Inventory Reserves (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Inventory Disclosure [Abstract]
Beginning balance	$ 1,847	$ 1,895	$ 1,919
Additional charges	291	342	647
Deductions	(200)	(390)	(671)
Ending balance	$ 1,938	$ 1,847	$ 1,895

Property and Equipment - Compon

Property and Equipment - Components of Property and Equipment (Detail) - USD ($) $ in Thousands	Mar. 27, 2021	Mar. 28, 2020
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	$ 58,837	$ 57,156
Accumulated depreciation and impairment charges	(34,341)	(30,543)
Property and equipment, Net	24,496	26,613
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	35,877	34,626
Accumulated depreciation and impairment charges	(1,600)	(4,200)
Furniture Fixtures And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	13,121	13,327
Software and Electronic Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	$ 9,839	$ 9,203

Property and Equipment - Additi

Property and Equipment - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 27, 2021	Mar. 28, 2020
Property, Plant and Equipment [Line Items]
Property and plant under capital lease arrangement, cost	$ 58,837	$ 57,156
Gross fixed assets write down	34,341	30,543
Assets Held under Capital Leases [Member]
Property, Plant and Equipment [Line Items]
Property and plant under capital lease arrangement, cost	300
Property and plant under capital lease arrangement, net book value	700	500
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and plant under capital lease arrangement, cost	35,877	34,626
Gross fixed assets write down	$ 1,600	$ 4,200

Bank Indebtedness - Additional

Bank Indebtedness - Additional Information (Detail) $ in Thousands, $ in Millions	Oct. 23, 2017USD ($)	Mar. 27, 2021CAD ($)	Mar. 27, 2021USD ($)	Mar. 28, 2020USD ($)	Feb. 20, 2019USD ($)	Jan. 20, 2019USD ($)	Jun. 29, 2018USD ($)
Line of Credit Facility [Line Items]
Bank indebtedness			$ 53,387	$ 58,035
Long-term Debt, Gross			53,700	58,400
Senior secured revolving credit facility, excess availability			18,800	12,900
Line of credit facility covenant terms cash minimum			8,500
Minimum excess availability percentage of borrowings		40.00%
Minimum excess availability percentage of line cap		25.00%
Mortgage on movable property (general) under the Civil Code (Quebec)		$ 200
Debt Issuance Costs, Net			$ 300	$ 400
Credit Facility [Member]
Line of Credit Facility [Line Items]
Minimum excess availability	$ 8,500
Senior secured credit facility	$ 85,000
New credit facility maturity date	Oct. 31, 2022
Total commitments	$ 13,000
Line of credit facility covenant terms cash minimum	$ 8,500
Term Loan [Member]
Line of Credit Facility [Line Items]
Minimum excess availability							$ 8,500
Interest rate of CDOR plus spread							8.25%
Long-term senior secured term loan							$ 12,500
Senior secured revolving credit facility, seasonal availability block					$ 4,500	$ 9,500
Line of credit facility covenant terms cash minimum							$ 8,500
Maximum [Member]
Line of Credit Facility [Line Items]
Fixed charge coverage ratio		1.10
Maximum [Member] | Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate of CDOR plus spread	3.00%
Minimum [Member]
Line of Credit Facility [Line Items]
Fixed charge coverage ratio		1
Minimum [Member] | Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate of CDOR plus spread	1.50%

Bank Indebtedness - Summary of

Bank Indebtedness - Summary of Company's Senior Credit Facility (Detail) - Senior Secured Notes [Member] - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020
Line of Credit Facility [Line Items]
Maximum borrowing outstanding during the year	$ 64,121	$ 64,702
Average outstanding balance during the year	$ 56,807	$ 56,001
Weighted average interest rate for the year	2.90%	4.20%
Effective interest rate at year-end	2.60%	3.80%

Long-term debt - Summary of Lon

Long-term debt - Summary of Long Term Debt (Detail) - USD ($) $ in Thousands	Mar. 27, 2021	Mar. 28, 2020
Debt Instrument [Line Items]
Obligations under finance leases	$ 273
Long-term debt and Capital lease obligations	26,022	$ 16,281
Long-term debt:
Current portion of long-term debt	2,960	64
Long-term debt	23,062	16,217
Term Loan From Investment Of Quebec Annual Interest Rate Three Point One Four Percent [Member]
Debt Instrument [Line Items]
Long-term debt	9,956
Secured Debt [Member] | Furniture And Equipment [Member]
Debt Instrument [Line Items]
Obligations under finance leases	273	187
Cash Contribution one [Member] | Montel [Member]
Debt Instrument [Line Items]
Long-term debt	1,887	2,109
Cash Contribution Two [Member] | Montel [Member]
Debt Instrument [Line Items]
Long-term debt	1,573	1,757
Term Loan Facility Repayable At October Two Thousand Twenty Two [Member] | Term Loan From SLR Credit Solutions CDOR Plus Eight Point Two Five Percent [Member]
Debt Instrument [Line Items]
Long-term debt	$ 12,333	$ 12,228

Long-term debt - Summary of L_2

Long-term debt - Summary of Long Term Debt (Parenthetical) (Detail) - USD ($)	Jul. 08, 2020	Mar. 27, 2021	Mar. 28, 2020
Debt Instrument [Line Items]
Net of deferred financing costs		$ 300,000	$ 400,000
Finance Lease Obligations [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument Interest Rate Stated Percentage Rate		2.20%	2.20%
Finance Lease Obligations [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument Interest Rate Stated Percentage Rate		3.90%	3.90%
Investissement Québec [Member]
Debt Instrument [Line Items]
Debt Instrument Interest Rate Stated Percentage Rate	3.14%	3.14%
Long-term debt	$ 10,000,000	$ 10,000,000
Repayment of debt term	60 months	60 months
Deferred financing costs		$ 44,000
Cash Contribution one [Member] | Montel [Member]
Debt Instrument [Line Items]
Interest on Cash advances		11.00%	11.00%
Cash received from related party		$ 1,500,000	$ 1,500,000
Long-term debt		$ 1,887,000	$ 2,109,000
Cash Contribution Two [Member] | Montel [Member]
Debt Instrument [Line Items]
Interest on Cash advances		11.00%	11.00%
Line of Credit Facility Repayment Date		Aug. 31, 2021	Aug. 31, 2021
Cash received from related party		$ 2,500,000	$ 2,500,000
Long-term debt		$ 1,573,000	$ 1,757,000
Term Loan Facility Repayable At October Two Thousand Twenty Two [Member] | Term Loan From SLR Credit Solutions CDOR Plus Eight Point Two Five Percent [Member]
Debt Instrument [Line Items]
Debt Instrument Interest Rate Stated Percentage Rate		8.25%	8.25%
Net of deferred financing costs		$ 167,000	$ 272,000
Long-term debt		$ 12,333,000	$ 12,228,000

Long-term debt - Additional Inf

Long-term debt - Additional Information (Detail) $ in Millions	Jul. 08, 2020USD ($)	Mar. 27, 2021USD ($)	Mar. 28, 2020USD ($)
Line of Credit Facility [Line Items]
Outstanding letters of credit		$ 0.6	$ 0.9
Working capital ratio		1.03
Investissement Québec [Member]
Line of Credit Facility [Line Items]
Debt instrument, term	6 years
Long-term debt	$ 10	$ 10
Debt Instrument Interest Rate Stated Percentage Rate	3.14%	3.14%
Repayment of debt term	60 months	60 months
Working capital ratio	1.01

Long-term debt - Summary of Fut

Long-term debt - Summary of Future Minimum Lease Payments for Finance Leases (Detail) $ in Thousands	Mar. 27, 2021USD ($)
Debt Disclosure [Abstract]
2022	$ 75
2023	75
2024	69
2025	68
2026	54
Total minimum lease payments	341
Less imputed interest	68
Total	$ 273

Long-term debt - Summary of Pri

Long-term debt - Summary of Principal Payment on Long Term Debt Including Obligation Under Finance Lease (Detail) $ in Thousands	Mar. 27, 2021USD ($)
Debt Disclosure [Abstract]
2022	$ 2,981
2023	14,575
2024	2,069
2025	2,068
2026	2,054
Thereafter	2,554
Total	$ 26,301

Benefit Plans and Stock-Based_3

Benefit Plans and Stock-Based Compensation - Additional Information (Detail)	Sep. 17, 2020shares	Oct. 07, 2019shares	Jun. 20, 2019shares	Sep. 14, 2018shares	Nov. 15, 2016shares	Nov. 01, 2005USD ($)	Sep. 07, 2017shares	Mar. 27, 2021USD ($)$ / sharesshares	Mar. 27, 2021CAD ($)shares	Mar. 28, 2020USD ($)shares	Mar. 30, 2019USD ($)shares	Mar. 31, 2018shares	Mar. 25, 2017shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding								395,147		704,818	741,060	813,666
Weighted average exercise, Warrants								3.46%
Warrants and rights outstanding expire date								Aug. 20, 2022
Additional compensation expense | $						$ 0
Class of warrants or rights exercised during period shares								131,209	131,209
Proceeds from warrant exercises								$ 438,000	$ 556,000
Class A Common Stock Voting Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Class of warrant or right oustanding warrants exercisable during period, shares								251,484	251,484	382,693	382,693
Common Stock Voting Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation cost for recognized expenses | $								$ 0		$ 26,000	$ 10,000
Common Stock Voting Shares [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance								1,796,088
Amended Birks Employee Stock Option Plan [Member] | Common Stock Voting Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price | $ / shares								$ 1.05
Options granted								0	0	2,818	3,060
Stock Compensation Plan [Member] | Common Stock Voting Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock option description								Birks ESOP	Birks ESOP
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense | $								$ 300,000		$ 0	$ 0
Units granted								375,000	375,000
Number of shares outstanding								375,000		0	102,000	112,000
Share based compensation arrangement by share based payment award equity instruments other than options vested in period								68,000	68,000
Share based compensation arrangement fair value of cash settled based on intrinsic value | $								$ 300,000		$ 0
Share based compensation arrangement closing stock price | $ / shares								$ 3.62
Share based compensation arrangement weighted average remaining contractual life								2 years 8 months 12 days	2 years 8 months 12 days
Deferred Stock Units Dsu [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense | $								$ 3,000,000		$ 0	$ 100,000
Units granted								223,878	223,878	244,844	133,588
Number of shares outstanding								689,012		465,134	257,005	130,410
Share based compensation arrangement fair value of cash settled based on intrinsic value | $								$ 3,100,000		$ 100,000
Share based compensation arrangement closing stock price | $ / shares								$ 3.62
Omnibus LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of additional stock options, granted								0	0
Omnibus LTIP [Member] | Common Stock Voting Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding								142,000
Exercise price | $ / shares								$ 1.43
Expiration period								10 years	10 years
Weighted Average Grant Date Fair Value | $ / shares								$ 1.34
Dividend yield								0.00%	0.00%
Expected volatility								114.63%	114.63%
Weighted average expected term								10 years	10 years
Total compensation cost for recognized expenses | $								$ 0		$ 21,000	$ 68,000
Shares reserved for issuance								1,000,000
Omnibus LTIP [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units granted	375,000				121,500
Number of shares outstanding								375,000		0
Omnibus LTIP [Member] | Deferred Stock Units Dsu [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units granted	223,878	157,890	86,954	133,588	55,944		74,466
Outstanding shares								689,012		465,134
Share based compensation by share based payment arrangement number of units excercised other than options								36,715	36,715
Mayors Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding								0			0		41
Compensation expense | $								$ 0		$ 0	$ 0
Options settled in cash								41	41		41
Options settled in cash per share | $ / shares								$ 0.78
Long Term Incentive Plan [Member] | Common Stock Voting Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long term incentive plan stock appreciation rights, weighted average exercise price | $ / shares								$ 1.12
Options outstanding								253,147
Long Term Incentive Plan [Member] | Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation recognized liability | $								$ 300,000		$ 0
Long Term Incentive Plan [Member] | Stock Appreciation Rights (SARs) [Member] | Common Stock Voting Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options exercisable								80,000
Share based compensation options unrecognised | $								$ 0
Percentage of Outstanding Stock Options Fully Vested								100.00%	100.00%
Share based compensation grants in period gross								0	0	0	0

Benefit Plans and Stock-Based_4

Benefit Plans and Stock-Based Compensation - Summary of Activity of Stock Option Plans and Arrangements (Detail) - $ / shares	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding Beginning balance	704,818	741,060	813,666
Equity cash-out payment			(51,400)
Exercised	(226,853)	(10,000)
Forfeited	(82,818)	(26,242)	(21,206)
Outstanding Ending balance	395,147	704,818	741,060
Outstanding Beginning balance	$ 1.13	$ 1.14	$ 1.13
Equity cash-out payment			1
Exercised	1.10	0.78
Forfeited	1.66	1.43	1.11
Outstanding Ending balance	$ 1.04	$ 1.13	$ 1.14

Benefit Plans and Stock-Based_5

Benefit Plans and Stock-Based Compensation - Additional Information (Parenthetical) (Detail) $ in Thousands, $ in Thousands	12 Months Ended
	Mar. 27, 2021USD ($)shares	Mar. 27, 2021CAD ($)shares	Mar. 30, 2019shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity cash-out payment, option			(51,400)
Former Senior Executive [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity cash-out payment	$ 16,000	$ 20,000
Omnibus LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity cash-out payment, option	14,000	14,000
Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity cash-out payment, option	35,000	35,000
Birks Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity cash-out payment, option	2,400	2,400

Benefit Plans and Stock-Based_6

Benefit Plans and Stock-Based Compensation - Summary of Status of Stock Options (Detail) - $ / shares	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, Weighted average exercise price	$ 1.04	$ 1.13	$ 1.14	$ 1.13
Options Outstanding [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, Number outstanding	395,147
Options outstanding, Weighted average remaining life (years)	3 years 2 months 12 days
Options outstanding, Weighted average exercise price	$ 1.04
Options Outstanding [Member] | Range One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, Number outstanding	145,000
Options outstanding, Weighted average remaining life (years)	4 years 6 months
Options outstanding, Weighted average exercise price	$ 0.78
Options Outstanding [Member] | Range Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, Number outstanding	100,000
Options outstanding, Weighted average remaining life (years)	2 years 1 month 6 days
Options outstanding, Weighted average exercise price	$ 0.84
Options Outstanding [Member] | Range Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, Number outstanding	5,000
Options outstanding, Weighted average remaining life (years)	1 year 7 months 6 days
Options outstanding, Weighted average exercise price	$ 0.89
Options Outstanding [Member] | Range Four [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, Number outstanding	142,000
Options outstanding, Weighted average remaining life (years)	5 years 7 months 6 days
Options outstanding, Weighted average exercise price	$ 1.43
Options Outstanding [Member] | Range Five [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, Number outstanding	3,147
Options outstanding, Weighted average remaining life (years)	2 years 6 months
Options outstanding, Weighted average exercise price	$ 1.66
Options Exercisable [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable, Number exercisable	395,147
Options exercisable, Weighted average exercise price	$ 1.04
Options Exercisable [Member] | Range One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable, Number exercisable	145,000
Options exercisable, Weighted average exercise price	$ 0.78
Options Exercisable [Member] | Range Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable, Number exercisable	100,000
Options exercisable, Weighted average exercise price	$ 0.84
Options Exercisable [Member] | Range Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable, Number exercisable	5,000
Options exercisable, Weighted average exercise price	$ 0.89
Options Exercisable [Member] | Range Four [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable, Number exercisable	142,000
Options exercisable, Weighted average exercise price	$ 1.43
Options Exercisable [Member] | Range Five [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable, Number exercisable	3,147
Options exercisable, Weighted average exercise price	$ 1.66

Benefit Plans and Stock-Based_7

Benefit Plans and Stock-Based Compensation - Summary of Stock Option Activity (Detail) - $ / shares	12 Months Ended
	Mar. 27, 2021	Mar. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Beginning balance	704,818	813,666
Outstanding Ending balance	395,147	741,060
Outstanding Beginning balance	$ 1.13	$ 1.13
Outstanding Ending balance	$ 1.04	$ 1.14
Mayors Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Settled in cash	(41)	(41)
Outstanding Ending balance	0	0
Outstanding Beginning balance		$ 1.05
Settled in cash		0.78
Outstanding Ending balance		$ 0

Benefit Plans and Stock-Based_8

Benefit Plans and Stock-Based Compensation - Summary of Birks' Restricted Stock Units And Deferred Share Units (Detail) - shares	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Deferred Stock Units Dsu [Member]
Schedule Restricted Stock Options And Deferred Stock Units Line Items [Line Items]
Beginning balance	465,134	257,005	130,410
Grants of new units	223,878	244,844	133,588
Forfeited		(36,715)	(6,993)
Ending balance	689,012	465,134	257,005
Restricted Stock Units (RSUs) [Member]
Schedule Restricted Stock Options And Deferred Stock Units Line Items [Line Items]
Beginning balance	0	102,000	112,000
Grants of new units	375,000
Settled in cash		(102,000)	(5,500)
Forfeited			(4,500)
Ending balance	375,000	0	102,000

Income taxes - Additional Infor

Income taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020
Tax Credit Carryforward [Line Items]
Non cash valuation allowance	$ 24,565,000	$ 22,475,000
Earliest Tax Year [Member]
Tax Credit Carryforward [Line Items]
Open tax year	2015
Latest Tax Year [Member]
Tax Credit Carryforward [Line Items]
Open tax year	2021
Domestic Tax Authority [Member]
Tax Credit Carryforward [Line Items]
Federal non capital losses	$ 52,000,000
Domestic Tax Authority [Member] | Investment Tax Credit Carryforward [Member]
Tax Credit Carryforward [Line Items]
Capital losses	260,000
Domestic Tax Authority [Member] | Capital Loss Carryforward [Member]
Tax Credit Carryforward [Line Items]
Capital losses	$ 1,400,000

Income Taxes - Summary of Net D

Income Taxes - Summary of Net Deferred Tax Assets Related to Continuing Operations (Detail) - USD ($) $ in Thousands	Mar. 27, 2021	Mar. 28, 2020
Deferred tax assets:
Loss and tax credit carry forwards	$ 14,801	$ 14,987
Difference between book and tax basis of property and equipment	4,757	3,674
Operating lease right-of-use asset	3,997	3,820
Other reserves not currently deductible	1,187	136
Other	(177)	(142)
Net deferred tax asset before valuation allowance	24,565	22,475
Valuation allowance	(24,565)	(22,475)
Net deferred tax asset	$ 0	$ 0

Income Taxes - Components of In

Income Taxes - Components of Income Tax Expense (Benefit) from Continuing Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Income Tax Disclosure [Abstract]
Current	$ 0	$ 0	$ 0
Deferred	(1,606)	(3,195)	(4,769)
Valuation allowance	1,606	3,195	4,769
Income tax expense	$ 0	$ 0

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Detail)	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Income Tax Disclosure [Abstract]
Canadian statutory rate	26.20%	26.60%	26.80%
Rate differential for U.S. operations	0.00%	0.00%	0.10%
Utilization of unrecognized losses and other tax attributes	(27.30%)	(26.40%)	(26.20%)
Permanent differences and other	1.10%	(0.20%)	(0.70%)
Total	0.00%	0.00%	0.00%

Capital Stock - Additional Info

Capital Stock - Additional Information (Detail) $ / shares in Units, $ in Millions	Mar. 27, 2021VoteClass$ / shares	Dec. 09, 2020USD ($)	Aug. 13, 2020USD ($)	Mar. 28, 2020$ / shares
Class of Stock [Line Items]
Preferred shares par value | $ / shares	$ 0			$ 0
Number of classes of common stock outstanding | Class	2
NYSE American [Member]
Class of Stock [Line Items]
Minimum networth required for compliance | $		$ 2	$ 4
Class A Common Stock [Member]
Class of Stock [Line Items]
Common stock voting rights per share	1
Class B Common Stock [Member]
Class of Stock [Line Items]
Common stock voting rights per share	10

Capital Stock - Summary of Comm

Capital Stock - Summary of Common Stock Outstanding (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020
Class of Stock [Line Items]
Beginning Balance, Shares	17,970,881	17,960,881
Exercise of stock options and warrants, Shares	358,062	10,000
Ending Balance, Shares	18,328,943	17,970,881
Balance as of beginning balance	$ 93,368	$ 93,348
Exercise of stock options and warrants	1,748	20
Balance as of ending balance	$ 95,116	$ 93,368
Class A Common Stock [Member]
Class of Stock [Line Items]
Beginning Balance, Shares	10,252,911	10,242,911
Exercise of stock options and warrants, Shares	358,062	10,000
Ending Balance, Shares	10,610,973	10,252,911
Balance as of beginning balance	$ 35,613	$ 35,593
Exercise of stock options and warrants	1,748	20
Balance as of ending balance	$ 37,361	$ 35,613
Class B Common Stock [Member]
Class of Stock [Line Items]
Beginning Balance, Shares	7,717,970	7,717,970
Exercise of stock options and warrants, Shares	0	0
Ending Balance, Shares	7,717,970	7,717,970
Balance as of beginning balance	$ 57,755	$ 57,755
Exercise of stock options and warrants	0	0
Balance as of ending balance	$ 57,755	$ 57,755

Restructuring Charges - Additio

Restructuring Charges - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 0	$ 0	$ 1,182

Leases - Summary of Consolidate

Leases - Summary of Consolidated Statement Of Earnings (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020
Leases [Abstract]
Fixed operating lease expense	$ 12,495	$ 12,704
Variable operating lease expense	927	4,437
Total lease expense	$ 13,422	$ 17,141

Leases - Summary of Consolida_2

Leases - Summary of Consolidated Statement Of Earnings (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Mar. 27, 2021USD ($)
Variable Rent Expense [Member]
Summary Of Consolidated Statement Of Earnings [Line Items]
Rent concessions recognized amount	$ 4.1

Leases - Summary Of Supplementa

Leases - Summary Of Supplemental Cash Flow Information Operating Lease (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020
Leases [Abstract]
Cash outflows from operating activities attributable to operating leases	$ 9,186	$ 10,245
Right-of-use assets obtained in exchange for operating lease liabilities	$ 2,562	$ 3,509

Leases - Summary Of Supplemen_2

Leases - Summary Of Supplemental Cash Flow Information Operating Lease (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020
Summary Of Supplemental Cash Flow Information Operating Lease [Line Items]
Rent Concessions associated to base rent	$ 4.2
Leasehold Inducements	2.3	$ 0.9
Accounts Receivable [Member]
Summary Of Supplemental Cash Flow Information Operating Lease [Line Items]
Leasehold Inducements	$ 1.1	$ 0.3

Leases - Summary Of Consolida_3

Leases - Summary Of Consolidated Balance Sheet For Operating Leases And Finance Leases (Detail) - USD ($) $ in Thousands	Mar. 27, 2021	Mar. 28, 2020
Leases [Abstract]
2022	$ 13,319
2023	13,802
2024	13,196
2025	11,895
2026	10,492
Thereafter	61,338
Total minimum lease payments	124,042
Less: amount of total minimum lease payments representing interest	(51,031)
Present value of future total minimum lease payments	73,011
Less: current portion of lease liabilities	(6,298)	$ (5,823)
Long-term lease liabilities	$ 66,713	$ 72,636

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Mar. 30, 2019	Mar. 27, 2021
Operating Leased Assets [Line Items]
Weighted average remaining lease term operating leases		5 years
Weighted average discount rate operating leases		10.00%
Operating leases, rent expense	$ 15.4

Contingencies - Additional Info

Contingencies - Additional Information (Detail) - USD ($) $ in Millions	Mar. 27, 2021	Mar. 28, 2020
Commitments and Contingencies Disclosure [Abstract]
Guaranteed amount of private label credit card sales	$ 1.4	$ 3.4
Reserve associated with guaranteed credit card sales	$ 0	$ 0.1

Segmented Information - Additio

Segmented Information - Additional Information (Detail)	12 Months Ended
	Mar. 27, 2021SegmentStoreLocation
Segment Information [Line Items]
Number of reportable segments | Segment	2
Birks Brand [Member]
Segment Information [Line Items]
Number of Stores Closed	1
Number of Stores Opened	0
Birks Brand [Member] | Retail Segment [Member]
Segment Information [Line Items]
Number of retail stores	26
Brinkhaus Brand [Member] | Retail Segment [Member]
Segment Information [Line Items]
Number of retail locations | Location	2

Segmented Information - Schedul

Segmented Information - Schedule of Information Relating to Segments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Segment Reporting Information [Line Items]
Revenues	$ 143,068	$ 169,420	$ 151,049
Unadjusted gross profit	57,018	68,284	60,055
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues	681	3,606	9,912
Retail Segment [Member]
Segment Reporting Information [Line Items]
Unadjusted gross profit	51,029	64,210	58,936
Retail Segment [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues	130,758	160,981	143,499
Other Segments [Member]
Segment Reporting Information [Line Items]
Unadjusted gross profit	5,989	4,074	1,119
Other Segments [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues	681	3,606	9,912
Other Segments [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues	$ 12,310	$ 8,439	$ 7,550

Segmented Information - Sched_2

Segmented Information - Schedule of Reconciliations of Segments Gross Profits and Certain Unallocated Costs to Consolidated Gross Profits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Segment Reporting [Abstract]
Unadjusted gross profit	$ 57,018	$ 68,284	$ 60,055
Inventory provisions	(736)	(475)	(686)
Other unallocated costs	38	(3,586)	(998)
Adjustment of intercompany profit	30	254	206
Gross profit	$ 56,350	$ 64,477	$ 58,577

Segmented Information - Summary

Segmented Information - Summary of Sales by Classes of Similar Products (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Product Information [Line Items]
Net sales, total	$ 143,068	$ 169,420	$ 151,049
Retail Segment [Member] | Operating Segments [Member]
Product Information [Line Items]
Net sales, total	130,758	160,981	143,499
Other Segments [Member] | Operating Segments [Member]
Product Information [Line Items]
Net sales, total	12,310	8,439	7,550
Jewelry and Other [Member]
Product Information [Line Items]
Net sales, total	67,296	90,175	99,043
Jewelry and Other [Member] | Retail Segment [Member] | Operating Segments [Member]
Product Information [Line Items]
Net sales, total	55,743	81,736	91,493
Jewelry and Other [Member] | Other Segments [Member] | Operating Segments [Member]
Product Information [Line Items]
Net sales, total	11,553	8,439	7,550
Timepieces [Member]
Product Information [Line Items]
Net sales, total	75,772	79,245	52,006
Timepieces [Member] | Retail Segment [Member] | Operating Segments [Member]
Product Information [Line Items]
Net sales, total	75,015	$ 79,245	$ 52,006
Timepieces [Member] | Other Segments [Member] | Operating Segments [Member]
Product Information [Line Items]
Net sales, total	$ 757

Related Party Transactions - Ba

Related Party Transactions - Balance Related to Related Parties (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Expenses incurred:
Management fees to related parties	$ 0	$ 0	$ 61
Consultant fees to a related party	209	229	231
Expense reimbursement to a related party	30	68	167
Interest expense on cash advance received from controlling shareholder	370	426	455
Compensation paid to a related party	329	345	385
Accounts payable to related parties	66	231	142
Interest payable on cash advance received from controlling shareholder	$ 269	$ 448	$ 90

Related party transactions - Ad

Related party transactions - Additional Information (Detail)	May 31, 2019USD ($)	May 31, 2019CAD ($)	Mar. 28, 2018CAD ($)	Mar. 28, 2018EUR (€)	Jul. 28, 2017USD ($)	Jul. 28, 2017CAD ($)	Jan. 01, 2017USD ($)	Jan. 01, 2017EUR (€)	Jan. 01, 2016CAD ($)	Jan. 01, 2016EUR (€)	Jan. 31, 2021	Jul. 31, 2020	Jun. 30, 2020	May 31, 2020	Apr. 30, 2020	Nov. 30, 2018CAD ($)	Nov. 30, 2018EUR (€)	May 31, 2009USD ($)	May 31, 2009CAD ($)	Sep. 30, 2020	Mar. 27, 2021USD ($)	Dec. 31, 2020	Mar. 27, 2021USD ($)	Mar. 27, 2021CAD ($)	Mar. 27, 2021EUR (€)	Mar. 28, 2020USD ($)	Mar. 28, 2020CAD ($)	Mar. 28, 2020EUR (€)	Mar. 30, 2019USD ($)	Mar. 30, 2019CAD ($)	Mar. 30, 2019EUR (€)	Mar. 27, 2021CAD ($)	May 31, 2019CAD ($)	Jul. 28, 2017CAD ($)
Related Party Transaction [Line Items]
Amount paid to related party																$ 61,000	€ 40,000
Related party expenses																							$ 30,000			$ 68,000			$ 167,000
Executive Chairman [Member]
Related Party Transaction [Line Items]
Annual compensation							$ 388,000	€ 250,000
Related party costs																								$ 332,000	€ 213,000		$ 345,000	€ 233,000		$ 385,000	€ 250,000
Executive Chairman [Member] | COVID-19 [Member]
Related Party Transaction [Line Items]
Percentage of fee reduction													20.00%	20.00%	20.00%						20.00%	10.00%
Niccolo rossi Chairman of Executive [Member]
Related Party Transaction [Line Items]
Related party expenses																							$ 260,000	$ 340,000
Montrovest BV [Member]
Related Party Transaction [Line Items]
Cash received from related party					$ 2,500,000	$ 3,300,000												$ 1,500,000	$ 2,000,000
Annual interest rate					11.00%	11.00%																	11.00%	11.00%	11.00%
Effective interest rate					12.00%																12.00%		12.00%									12.00%		12.00%
Cash received from related party																					$ 1,250,000		$ 1,250,000				1,800,000					$ 1,600,000
Advances payable to related party																					1,500,000		1,500,000				2,100,000					1,900,000
Loan outstanding balance	$ 1,250,000																																$ 1,800,000
Related party debt extension term	1 year	1 year
Montrovest BV [Member] | July 2018 [Member]
Related Party Transaction [Line Items]
Advances payable to related party																					$ 1,250,000		$ 1,250,000									$ 1,550,000
Montrovest BV [Member] | July 2019 [Member]
Related Party Transaction [Line Items]
Advances payable to related party					$ 1,250,000																													$ 1,550,000
Gestofi [Member]
Related Party Transaction [Line Items]
Amount paid to related party									$ 202,000	€ 140,000														$ 0	€ 0		0	0		61,000	40,000
Notice days for non renewal									60 days	60 days
Agreement additional renewal term									1 year	1 year
Regaluxe [Member]
Related Party Transaction [Line Items]
Agreement additional renewal term																							1 year	1 year	1 year
Related party expenses	$ 130,000	$ 170,000																						$ 30,000	€ 20,000		68,000	46,000	$ 127,000	167,000
Carlo coda [Member]
Related Party Transaction [Line Items]
Related party expenses			$ 222,000	€ 146,801
Related party costs																								$ 209,000	€ 135,000		$ 229,000	€ 154,000		$ 231,000	€ 153,000
Carlo coda [Member] | COVID-19 [Member]
Related Party Transaction [Line Items]
Percentage of fee reduction											20.00%	10.00%	20.00%	20.00%	20.00%					10.00%

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 27, 2021	Mar. 28, 2020
Fair Value Disclosures [Abstract]
Bank indebtedness	$ 53,387	$ 58,035
Long-term debt bearing interest at variable rates	12,300	12,200
Fixed-rate long-term debt	13,700	4,100
Fair value of fixed long-term debt and other long-term liabilities	$ 12,900	$ 3,900

Discontinued Operations - Addit

Discontinued Operations - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Operating income		$ (552)	$ (381)
Company incurred transaction related costs of discontinued operations		0	0
Total operating expenses		$ 552	381
Mayors Disposal Group [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Operating income			500
Sales tax audit, stay bonuses and termination expenses	$ 600
Company incurred transaction related costs of discontinued operations			$ 900
Total operating expenses	$ 0

Discontinued Operations - Sched

Discontinued Operations - Schedule of Net Income from Discontinued Operations (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 30, 2019
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Net sales		$ 0	$ 0
Cost of sales		0	0
Gross profit		0	0
Selling, general and administrative expenses		552	381
Restructuring charges		0	0
Depreciation and amortization		0	0
Total operating expenses		552	381
Operating (loss) income		(552)	(381)
Interest and other financial costs		0	0
Debt extinguishment charges		0	0
(Loss) income from discontinued operations		(552)	(381)
Income tax expense(benefit)		0	0
(Loss) income from discontinued operations, net of taxes		(552)	(381)
Gain on disposal, net of taxes		0	0
Net (loss) income from discontinued operations,		$ (552)	$ (381)
Weighted average common shares outstanding:
Basic	18,005	17,968	17,961
Diluted	18,005	17,968	17,961
Net (loss) income from discontinued operations per common share:
Basic		$ (0.03)	$ (0.02)
Diluted		$ (0.03)	$ (0.02)

Government grants - Additional

Government grants - Additional Information (Details) $ in Millions	12 Months Ended
	Mar. 27, 2021USD ($)
Canadian emergency wage subsidy program [Member]
Government Grants [Line Items]
Proceeds from government grant	$ 1
Canadian emergency rent subsidy program [Member]
Government Grants [Line Items]
Proceeds from government grant	0
Accounts receivable [Member] | Canadian emergency wage subsidy program [Member]
Government Grants [Line Items]
Government grant receivable	0.4
Accounts receivable [Member] | Canadian emergency rent subsidy program [Member]
Government Grants [Line Items]
Government grant receivable	0.5
Selling general and administrative expenses [Member] | Canadian emergency wage subsidy program [Member]
Government Grants [Line Items]
Government grant recognized	1.4
Selling general and administrative expenses [Member] | Canadian emergency rent subsidy program [Member]
Government Grants [Line Items]
Government grant recognized	$ 0.5