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Benefit plans and stock-based compensation (Tables)

12 Months Ended

Mar. 28, 2015

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 28, 2015:

		Options				Weighted average exercise price
Outstanding March 31, 2012			496,118			$	1.26
Granted			130,000				0.89
Forfeited			(1,500	)			3.28
Outstanding March 30, 2013			624,618				1.18
Granted			165,000				1.16
Exercised			(74,813	)			1.00
Forfeited			(50,220	)			1.07
Outstanding March 29, 2014			664,585				1.21
Granted			50,000				1.94
Exercised			(111,372	)			1.04
Expired			(15,000	)		$	7.73
Forfeited			(147,051	)			1.10
Outstanding March 28, 2015			441,162			$	1.15

Summary of Status of Stock Options

A summary of the status of Birks’ stock options at March 28, 2015 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
$0.84			100,000				8.06			$	0.84				0			$	0
$0.89-1.00			65,000				7.6				0.89				43,333				0.89
$1.01-1.05			156,162				6.7				1.04				156,162				1.04
$1.25-1.66			70,000				7.2				1.48				30,000				1.25
$1.67-1.94			50,000				9.8				1.94				0				0
			441,162				7.6			$	1.15				229,495			$	1.04

Mayors Stock Option Plan [Member]

Summary of Status of Stock Options

A summary of the status of the option plans at March 28, 2015 is presented below:

						Options outstanding and exercisable
Exercise price		Number outstanding				Weighted average remaining life (years)				Weighted average exercise price
$1.05			926				5.1			$	1.05

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 31, 2012			217,746			$	6.06
Expired			(208,665	)			6.01
Outstanding March 30, 2013			9,081				7.18
Expired			(5,245	)			8.63
Outstanding March 29, 2014			3,836				5.19
Expired			(2,910	)			6.51
Outstanding March 28, 2015			926			$	1.05

X

- Definition

Tabular disclosure of share-based compensation plans that may be presented in a single table for outstanding, vested and expected to vest, and exercisable awards. The information that may be disclosed in this table may include, but is not limited to, number of shares, weighted average exercise price, weighted average remaining contractual life, and aggregate intrinsic value.

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- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 718



-SubTopic 10



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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



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