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Long-term debt (Tables)

12 Months Ended

Mar. 28, 2020

Debt Disclosure [Abstract]

Summary of Long-Term Debt

(a) Long-term debt consists of the following:

		As of
		March 28, 2020				March 30, 2019
		(In thousands)
Term loan from Crystal Financial LLC, bearing interest at an annual rate of CDOR plus 8.25%, repayable at maturity in October 2022, secured by the assets of the Company (net of deferred financing costs of $272,000 and $378,000, respectively). Refer to note 6 for additional information			12,228				12,122
USD $1.5 million cash advance owing to the Company’s controlling shareholder, Montel, bearing interest at an annual rate of 11%, net of withholding taxes (note 15(c))			2,109				2,005
USD $2.5 million loan owing to the Company’s controlling shareholder, Montel, bearing interest at an annual rate of 11%, net of withholding taxes (note 15(c))			1,757				1,670
$5 million term loan from Investissement Québec, bearing interest at an annual rate of Canadian prime plus 7.0% and secured by the assets of the Company, repaid on June 5, 2019. .			—				578
$2 million term loan from Investissement Québec, bearing interest at an annual rate of Canadian prime plus 10% and secured by the assets of the Company, repaid on June 5, 2019			—				253
Obligations under finance leases, at annual interest rates between 2.2% and 3.3%, secured by leasehold improvements, furniture, and equipment, maturing at various dates to June 2025.			187				476
			16,281				17,104
Current portion of long-term debt			64				993
		$	16,217			$	16,111

Summary of Future Minimum Lease Payments for Finance Leases

(b) Future minimum lease payments for finance leases required in the following five years are as follows (in thousands):

Year ending March:
2021		$	76
2022			71
2023			55
2024			20
2025			4
			226
Less imputed interest			39
		$	187

Summary of Principal Payment on Long Term Debt Including Obligation Under Finance Lease

(c) Principal payments on long-term debt required in the following five years and thereafter, including obligations under finance leases, are as follows (in thousands):

Year ending March:
2021		$	64
2022			1,814
2023			12,546
2024			17
2025			3
Thereafter			2,109
		$	16,553

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Principal Payment Of Long Term Debt Table [Text Block]

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Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980

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Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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