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Segmented information
 12 Months Ended
Mar. 26, 2016
Segment Reporting [Abstract]  
Segmented information
15. Segmented information:

The Company has two reportable segments Retail and Other. As of March 26, 2016, Retail operated 27 stores across Canada under the Birks brand, and 17 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 e-commerce business, gold exchange business, which purchases gold and other precious metals from clients and refines the metals purchased, wholesale business and until August 2015 the corporate sales division which was sold.

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 26, 2016, March 28, 2015, and March 29, 2014, respectively, is set forth below:

 

     Retail      Other      Total  
     2016      2015      2014      2016      2015      2014      2016      2015      2014  
     (In thousands)  

Sales to external customers

    $ 281,940       $ 293,146       $ 270,630       $ 3,886       $ 8,491       $ 10,535       $ 285,826       $ 301,637       $ 281,165   

Inter-segment sales

      —           —           —           14,002         15,891         18,320         14,002         15,891         18,320   

Unadjusted Gross profit

      110,023         118,128         114,210         2,691         5,390         5,663         112,714         123,518         119,873   

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 26, 2016, March 28, 2015 and March 29, 2014:

 

     Fiscal Year Ended  
     March 26, 2016      March 28, 2015      March 29, 2014  
     (In thousands)  

Unadjusted gross profit

    $ 112,714       $ 123,518       $ 119,873   

Inventory provisions

      (2,084 )       (3,151 )       (3,010 ) 

Other unallocated costs

      (1,630 )       (2,551 )       (2,801 ) 

Adjustment of intercompany profit

      387         (11 )       605   
  

 

 

     

 

 

     

 

 

  

Gross profit

    $ 109,387       $ 117,805       $ 114,667   
  

 

 

     

 

 

     

 

 

  

 

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

 

     Fiscal Year Ended  
     March 26, 2016      March 28, 2015      March 29, 2014  
     (In thousands)  

Geographic Areas

         

Net sales:

         

Canada

    $ 128,651       $ 143,384       $ 146,277   

United States

      157,175         158,253         134,888   
  

 

 

     

 

 

     

 

 

  
   $ 285,826       $ 301,637       $ 281,165   
  

 

 

     

 

 

     

 

 

  

Long-lived assets:

         

Canada

    $ 19,464       $ 17,898       $ 19,484   

United States

      12,115         13,366         13,281   
  

 

 

     

 

 

     

 

 

  
   $ 31,579       $ 31,264       $ 32,765   
  

 

 

     

 

 

     

 

 

  

Classes of Similar Products

         

Net sales:

         

Jewelry and other

    $ 127,220       $ 141,781       $ 148,511   

Timepieces

      158,606         159,856         132,654   
  

 

 

     

 

 

     

 

 

  
   $ 285,826       $ 301,637       $ 281,165