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Benefit plans and stock-based compensation (Tables)
12 Months Ended
Mar. 30, 2013
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. The weighted average exercise price for Canadian priced options in the summary below have been converted to U.S. dollars using the exchange rate for Canadian and U.S. dollars as of March 30, 2013:

 

     Options     Weighted average
exercise price
 

Outstanding March 27, 2010

     307,761      $ 2.37   

Granted

     64,470        1.22   

Cancelled

     (47,353     7.35   

Forfeited

     (1,664     5.50   

Exercised

     (128     1.05   
  

 

 

   

Outstanding March 26, 2011

     323,086        1.39   

Granted

     175,000        1.07   

Exercised

     (1,080     1.05   

Cancelled

     (888     7.07   
  

 

 

   

Outstanding March 31, 2012

     496,118        1.26   

Granted

     130,000        0.89   

Cancelled

     (1,500     3.28   
  

 

 

   

Outstanding March 30, 2013

     624,618      $ 1.18   
  

 

 

   
Summary of Status of Stock Options

A summary of the status of Birks’ stock options at March 30, 2013 is presented below:

 

     Options outstanding      Options exercisable  

Exercise price

   Number
outstanding
     Weighted
average
remaining
life (years)
     Weighted
average
exercise
price
     Number
exercisable
     Weighted
average
exercise
price
 

$0.89-1.00

     372,944         4.0       $ 0.96         242,944       $ 1.00   

$1.01-1.05

     156,674         8.7         1.04         56,674         1.04   

$1.25-1.26

     80,000         7.7         1.25         45,000         1.25   

$7.73

     15,000         1.1         7.73         15,000         7.73   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
     624,618         5.6       $ 1.18         359,618       $ 1.32   
  

 

 

          

 

 

    
Mayors Stock Option Plan [Member]
 
Summary of Status of Stock Options

A summary of the status of the option plans at March 30, 2013 is presented below:

 

Exercise price

          Options outstanding and exercisable  
   Number
outstanding
     Weighted average
remaining life (years)
     Weighted average
exercise price
 

$ 1.05

     1,260         7.0       $ 1.05   

$ 6.00 – 9.00

     7,821         1.0         8.16   
  

 

 

    

 

 

    

 

 

 
     9,081         1.8       $ 7.18   
  

 

 

       
Summary of Stock Option Activity

The following is a summary of the activity of Mayors stock option plans:

 

     Options     Weighted average
exercise price
 

Outstanding March 27, 2010

     269,265      $ 11.55   

Forfeited/cancelled

     (47,632     30.51   

Granted

     2,607        1.05   
  

 

 

   

Outstanding March 26, 2011

     224,240        7.40   

Forfeited/cancelled

     (6,494     52.33   
  

 

 

   

Outstanding March 31, 2012

     217,746        6.06   

Expired

     (208,665     6.01   
  

 

 

   

Outstanding March 30, 2013

     9,081      $ 7.18