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Capital stock | 12 Months Ended
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Mar. 27, 2021
Equity [Abstract] |
Capital stock |
10. | Capital stock:
Authorized capital stock of the Company consists of an unlimited number of no par value preferred shares and two classes of common stock outstanding: Class A and Class B. Class A voting shares receive one vote per share. The Class B multiple voting shares have substantially the same rights as the Class A voting shares except that each share of Class B multiple voting shares receives 10 votes per share. The issued and outstanding shares are as follows:
|  | Class A common stock |  |  | Class B common stock |  |  | Total common stock |
|  | Number of Shares |  |  | Amount |  |  | Number of Shares |  |  | Amount |  |  | Number of Shares |  |  | Amount |
Balance as of March 30, 2019 |  |  | 10,242,911 |  |  | $ | 35,593 |  |  |  | 7,717,970 |  |  | $ | 57,755 |  |  |  | 17,960,881 |  |  | $ | 93,348 |
Exercise of stock options |  |  | 10,000 |  |  |  | 20 |  |  |  | — |  |  |  | — |  |  |  | 10,000 |  |  |  | 20 |
Balance as of March 28, 2020 |  |  | 10,252,911 |  |  |  | 35,613 |  |  |  | 7,717,970 |  |  | $ | 57,755 |  |  |  | 17,970,881 |  |  | $ | 93,368 |
Exercise of stock options and warrants |  |  | 358,062 |  |  |  | 1,748 |  |  |  | — |  |  |  | — |  |  |  | 358,062 |  |  |  | 1,748 |
Balance as of March 27, 2021 |  |  | 10,610,973 |  |  | $ | 37,361 |  |  |  | 7,717,970 |  |  | $ | 57,755 |  |  |  | 18,328,943 |  |  | $ | 95,116 |
On August 13, 2020, the Company was notified by NYSE American that it was not in compliance with the continued listing standards set forth in Section 1003(a)(ii) of the NYSE American Company Guide. That section applies if a listed company has stockholders’ equity of less than U.S. $4.0 million and has reported losses from continuing operations and/or net losses in three of its four most recent fiscal years. Furthermore, on December 9, 2020, the Company was notified by NYSE American that it was not in compliance with the continued listing standards set forth in Section 1003(a)(i) of the Company Guide. That section applies if a listed company has stockholders’ equity of less than U.S. $2.0 million and has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years. On October 22, 2020, the Company received notice that NYSE American had accepted the Company’s plan that was submitted on September 6, 2020, to regain compliance with the continued listing standards. The Company has been granted a plan period through February 6, 2022 to regain compliance. The Company is subject to periodic review by NYSE American during the Plan Period. If the Company does not regain compliance by the end of the Plan Period , or if the Company does not make progress consistent with the plan during the Plan Period, NYSE American may initiate delisting procedures as appropriate.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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