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Segmented information
 12 Months Ended
Mar. 28, 2015
Segment Reporting [Abstract]  
Segmented information
14. Segmented information:

The Company has two reportable segments Retail and Other. As of March 28, 2015, Retail operated 30 stores across Canada under the Birks brand, and 18 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 28, 2015, March 29, 2014, and March 30, 2013, respectively, is set forth below:

 

    Retail     Other     Total  
    2015     2014     2013     2015     2014     2013     2015     2014     2013  
    (In thousands)  

Sales to external customers

   $ 293,146      $ 270,630      $ 274,725      $ 8,491      $ 10,535      $ 18,034      $ 301,637      $ 281,165      $ 292,759   

Inter-segment sales

   $ —        $ —        $ —        $ 15,891      $ 18,320      $ 25,126      $ 15,891      $ 18,320      $ 25,126   

Unadjusted gross profit

   $ 118,128      $ 114,210      $ 120,554      $ 5,390      $ 5,663      $ 10,612      $ 123,518      $ 119,873      $ 131,166   

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 28, 2015, March 29, 2014 and March 30, 2013:

 

     Fiscal Year Ended  
     March 28, 2015      March 29, 2014      March 30, 2013  
     (In thousands)  

Unadjusted gross profit

    $ 123,518       $ 119,873       $ 131,166   

Inventory provisions

      (3,151 )       (3,010 )       (2,763 ) 

Other unallocated costs

      (2,551 )       (2,801 )       (2,527 ) 

Adjustment of intercompany profit

      (11 )       605         298   
  

 

 

     

 

 

     

 

 

  

Adjusted gross profit

 $ 117,805    $ 114,667    $ 126,174   
  

 

 

     

 

 

     

 

 

  

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

 

     Fiscal Year Ended  
     March 28, 2015      March 29, 2014      March 30, 2013  
     (In thousands)  

Geographic Areas

         

Net sales:

         

Canada

    $ 143,384       $ 146,277       $ 158,834   

United States

      158,253         134,888         133,925   
  

 

 

     

 

 

     

 

 

  
$ 301,637    $ 281,165    $ 292,759   
  

 

 

     

 

 

     

 

 

  

Long-lived assets:

Canada

 $ 17,898    $ 19,484    $ 18,966   

United States

   13,366      13,281      9,963   
  

 

 

     

 

 

     

 

 

  
$ 31,264    $ 32,765    $ 28,929   
  

 

 

     

 

 

     

 

 

  

Classes of Similar Products

Net sales:

Jewelry and other

 $ 141,781    $ 148,511    $ 164,492   

Timepieces

   159,856      132,654      128,267   
  

 

 

     

 

 

     

 

 

  
$ 301,637    $ 281,165    $ 292,759