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Benefit plans and stock-based compensation (Tables) | 12 Months Ended
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Mar. 30, 2019
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.
|  | Options |  |  | Weighted average exercise price |
Outstanding March 26, 2016 |  |  | 666,162 |  |  | $ | 1.02 |
Granted |  |  | 218,000 |  |  |  | 1.43 |
Forfeited |  |  | (10,000 | ) |  |  | 0.78 |
Outstanding March 25, 2017 |  |  | 874,162 |  |  |  | 1.13 |
Equity cash-out payment (a) |  |  | (60,000 | ) |  |  | 1.08 |
Forfeited |  |  | (496 | ) |  |  | 1.05 |
Outstanding March 31, 2018 |  |  | 813,666 |  |  |  | 1.13 |
Equity cash-out payment (b) |  |  | (51,400 | ) |  |  | 1.00 |
Forfeited |  |  | (21,206 | ) |  |  | 1.11 |
Outstanding March 30, 2019 |  |  | 741,060 |  |  | $ | 1.14 |
| (a) | In connection with the Aurum Transaction, the Company offered an equity cash-out payment of $ 54,000 (USD $ 42,000 ) to a former senior executive for 35,000 options under the Long-term incentive plan and 25,000 options under the Omnibus LTIP.
| (b) | In connection with its restructuring initiative, the Company offered an equity cash-out payment of $ 20,000 (USD $ 16,000 ) to a former senior executive for 35,000 options under the Long-term incentive plan, 14,000 options under the Omnibus LTIP and 2,400 options under the Birks ESOP.
Summary of Status of Stock Options | A summary of the status of Birks’ stock options at March 30, 2019 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 |
$ 0.78 |  |  | 175,000 |  |  |  | 6.5 |  |  | $ | 0.78 |  |  |  | 175,000 |  |  | $ | 0.78 |
$ 0.84 |  |  | 100,000 |  |  |  | 4.1 |  |  |  | 0.84 |  |  |  | 100,000 |  |  |  | 0.84 |
$ 0.89 |  |  | 25,000 |  |  |  | 3.6 |  |  |  | 0.89 |  |  |  | 25,000 |  |  |  | 0.89 |
$ 1.04 |  |  | 150,000 |  |  |  | 2.8 |  |  |  | 1.04 |  |  |  | 150,000 |  |  |  | 1.04 |
$ 1.05 |  |  | 3,060 |  |  |  | 1.0 |  |  |  | 1.05 |  |  |  | 3,060 |  |  |  | 1.05 |
$ 1.25 |  |  | 30,000 |  |  |  | 1.5 |  |  |  | 1.25 |  |  |  | 30,000 |  |  |  | 1.25 |
$ 1.43 |  |  | 168,000 |  |  |  | 7.6 |  |  |  | 1.43 |  |  |  | 111,999 |  |  |  | 1.43 |
$ 1.66 |  |  | 40,000 |  |  |  | 4.5 |  |  |  | 1.66 |  |  |  | 40,000 |  |  |  | 1.66 |
$ 1.94 |  |  | 50,000 |  |  |  | 5.8 |  |  |  | 1.94 |  |  |  | 50,000 |  |  |  | 1.94 |
|  |  | 741,060 |  |  |  | 5.2 |  |  | $ | 1.14 |  |  |  | 685,059 |  |  | $ | 1.14 |
Mayors Stock Option Plan [Member] |
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 25, 2017 |  |  | 627 |  |  | $ | 1.05 |
Settled in cash |  |  | (586 | ) |  |  | 1.05 |
Outstanding March 31, 2018 |  |  | 41 |  |  |  | 1.05 |
Settled in cash |  |  | (41 | ) |  |  | 0.78 |
Outstanding March 30, 2019 |  |  | 0 |  |  |  | 0.00 |

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