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Segmented information
 12 Months Ended
Mar. 30, 2013
Segment Reporting [Abstract]  
Segmented information
13. Segmented information:

The Company has two reportable segments Retail and Other. Retail operates 30 stores across Canada under the Birks brand, and 20 stores in the Southeastern U.S. under the Mayors brand, 1 store under the Rolex brand name in Orlando, as well as 2 retail locations in Calgary and Vancouver under the Brinkhaus brand. Other consists primarily of our corporate sales division, which services business customers by providing them with unique items for recognition programs, service awards and business gifts, the Company’s gold exchange business, which purchases gold and other precious metals from clients and refines the metals purchased, and manufacturing, which produce unique products for the retail segment of our business.

The two segments are managed and evaluated separately based on gross profit. The accounting policies used for each of the segments are the same as those used for the consolidated financial statements. Inter-segment sales are made at amounts of consideration agreed upon between the two segments and intercompany profit is eliminated if not yet earned on a consolidated basis. The Company does not evaluate the performance of the Company’s assets on a segment basis for internal management reporting and, therefore, such information is not presented.

Certain information relating to the Company’s segments for the years ended March 30, 2013, March 31, 2012, and March 26, 2011, respectively, is set forth below:

 

     Retail      Other      Total  
     2013      2012      2011      2013      2012      2011      2013      2012      2011  
     (In thousands)  

Sales to external customers

    $ 274,725       $ 279,345       $ 257,150       $ 18,034       $ 22,972       $ 13,798       $ 292,759       $ 302,317       $ 270,948   

Inter-segment sales

    $ —         $ —         $ —         $ 25,126       $ 27,076       $ 21,875       $ 25,126       $ 27,076       $ 21,875   

Unadjusted gross profit

    $ 120,554       $ 125,749       $ 113,131       $ 10,612       $ 13,945       $ 8,626       $ 131,166       $ 139,694       $ 121,757   

 

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 30, 2013, March 31, 2012 and March 26, 2011:

 

     Fiscal Year Ended  
     March 30, 2013     March 31, 2012     March 26, 2011  
     (In thousands)  

Unadjusted gross profit

    $ 131,166      $ 139,694      $ 121,757   

Inventory provisions

      (2,763 )      (2,998 )      (3,034 ) 

Other unallocated costs

      (2,527 )      (3,051 )      (2,417 ) 

Adjustment of intercompany profit

      298        (415 )      2   
  

 

 

    

 

 

    

 

 

  

Adjusted gross profit

    $ 126,174      $ 133,230      $ 116,308   
  

 

 

    

 

 

    

 

 

  

Sales to external customers and long-lived assets by geographical areas were as follows:

 

     Fiscal Year Ended  
     March 30, 2013      March 31, 2012      March 26, 2011  
     (In thousands)  

Geographic Areas

         

Net sales:

         

Canada

    $ 158,834       $ 163,027       $ 144,903   

United States

      133,925         139,290         126,045   
  

 

 

     

 

 

     

 

 

  
   $ 292,759       $ 302,317       $ 270,948   
  

 

 

     

 

 

     

 

 

  

Long-lived assets:

         

Canada

    $ 18,966       $ 20,330       $ 20,232   

United States

      9,963         7,805         7,366   
  

 

 

     

 

 

     

 

 

  
   $ 28,929       $ 28,135       $ 27,598   
  

 

 

     

 

 

     

 

 

  

Classes of Similar Products

         

Net sales:

         

Jewelry and other

    $ 164,492       $ 172,487       $ 159,306   

Timepieces

      128,267         129,830         111,642   
  

 

 

     

 

 

     

 

 

  
   $ 292,759       $ 302,317       $ 270,948