XML 50 R37.htm IDEA: XBRL DOCUMENT
v3.19.2

Segmented information (Tables) | 12 Months Ended
--- | ---
Mar. 30, 2019
Segment Reporting [Abstract] |
Schedule of Information Relating to Segments | Certain information relating to the Company’s segments for the years ended March 30, 2019, March 31, 2018, and March 25, 2017, respectively, is set forth below:
|  | Retail |  |  | Other |  |  | Total |
|  | 2019 |  |  | 2018* |  |  | 2017* |  |  | 2019 |  |  | 2018* |  |  | 2017* |  |  | 2019 |  |  | 2018* |  |  | 2017* |
|  | (In thousands) |
Sales to external customers |  | $ | 143,499 |  |  | $ | 141,607 |  |  | $ | 149,418 |  |  | $ | 7,550 |  |  | $ | 5,001 |  |  | $ | 3,574 |  |  | $ | 151,049 |  |  | $ | 146,608 |  |  | $ | 152,992 |
Inter-segment sales |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 9,912 |  |  |  | 13,054 |  |  |  | 15,637 |  |  |  | 9,912 |  |  |  | 13,054 |  |  |  | 15,637 |
Unadjusted Gross profit |  |  | 58,936 |  |  |  | 55,578 |  |  |  | 61,441 |  |  |  | 1,119 |  |  |  | 2,177 |  |  |  | 1,411 |  |  |  | 60,055 |  |  |  | 57,755 |  |  |  | 62,852 |
Schedule of Reconciliations of Segments Gross Profits and Certain Unallocated Costs to Consolidated Gross Profits | 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, 2019, March 31, 2018, and March 25, 2017:
|  | Fiscal Year Ended |
|  | March 30, 2019 |  |  | March 31, 2018* |  |  | March 25, 2017* |
|  | (In thousands) |
Unadjusted gross profit |  | $ | 60,055 |  |  | $ | 57,755 |  |  | $ | 62,852 |
Inventory provisions |  |  | (686 | ) |  |  | (1,431 | ) |  |  | (416 | )
Other unallocated costs |  |  | (998 | ) |  |  | (708 | ) |  |  | (1,033 | )
Adjustment of intercompany profit |  |  | 206 |  |  |  | 77 |  |  |  | 129 |
Gross profit |  | $ | 58,577 |  |  | $ | 55,693 |  |  | $ | 61,532 |
(*) Recast (refer to note 1) Sales by classes of similar products and by channel were as follows:
Summary of Sales by Classes of Similar Products |
|  | Retail |  |  | Other |  |  | Total |
|  | 2019 |  |  | 2018* |  |  | 2017* |  |  | 2019 |  |  | 2018* |  |  | 2017* |  |  | 2019 |  |  | 2018* |  |  | 2017* |
|  | (In thousands) |
Jewelry and other |  | $ | 91,493 |  |  | $ | 98,057 |  |  | $ | 102,083 |  |  | $ | 7,550 |  |  | $ | 5,001 |  |  | $ | 3,574 |  |  | $ | 99,043 |  |  | $ | 103,058 |  |  | $ | 105,657 |
Timepieces |  |  | 52,006 |  |  |  | 43,550 |  |  |  | 47,335 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 52,006 |  |  |  | 43,550 |  |  |  | 47,335 |
|  | $ | 143,499 |  |  | $ | 141,607 |  |  | $ | 149,418 |  |  | $ | 7,550 |  |  | $ | 5,001 |  |  | $ | 3,574 |  |  | $ | 151,049 |  |  | $ | 146,608 |  |  | $ | 152,992 |
(*) Recast (refer to note 1)

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of product information that are included in the discussion of the nature of an entity's operations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfProductInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration