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Benefit plans and stock-based compensation (Tables) | 12 Months Ended
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Mar. 27, 2021
Summary of Status of Stock Options | A summary of the status of Birks’ stock options at March 27, 2021 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 |  |  | 145,000 |  |  |  | 4.5 |  |  | $ | 0.78 |  |  |  | 145,000 |  |  | $ | 0.78 |
$ 0.84 |  |  | 100,000 |  |  |  | 2.1 |  |  |  | 0.84 |  |  |  | 100,000 |  |  |  | 0.84 |
$ 0.89 |  |  | 5,000 |  |  |  | 1.6 |  |  |  | 0.89 |  |  |  | 5,000 |  |  |  | 0.89 |
$ 1.43 |  |  | 142,000 |  |  |  | 5.6 |  |  |  | 1.43 |  |  |  | 142,000 |  |  |  | 1.43 |
$ 1.66 |  |  | 3,147 |  |  |  | 2.5 |  |  |  | 1.66 |  |  |  | 3,147 |  |  |  | 1.66 |
|  |  | 395,147 |  |  |  | 3.2 |  |  | $ | 1.04 |  |  |  | 395,147 |  |  | $ | 1.04 |
Schedule Restricted Stock Options And Deferred Stock Units [Table Text Block] | A summary of the status of Birks’ restricted stock units and deferred share units at March 27, 2021 is presented below:
|  | DSU |
Outstanding March 31, 2018 |  |  | 130,410 |
Grants of new units |  |  | 133,588 |
Forfeited |  |  | (6,993 | )
Outstanding March 30, 2019 |  |  | 257,005 |
Grants of new units |  |  | 244,844 |
Forfeited |  |  | (36,715 | )
Outstanding March 28, 2020 |  |  | 465,134 |
Grants of new units |  |  | 223,878 |
Outstanding March 27, 2021 |  |  | 689,012 |
|  | RSU |
Outstanding March 31, 2018 |  |  | 112,000 |
Settled in cash |  |  | (5,500 | )
Forfeited |  |  | (4,500 | )
Outstanding March 30, 2019 |  |  | 102,000 |
Settled in cash |  |  | (102,000 | )
Outstanding March 28, 2020 |  |  | 0 |
Grants of new units |  |  | 375,000 |
Outstanding March 27, 2021 |  |  | 375,000 |
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 31, 2018 |  |  | 813,666 |  |  | $ | 1.13 |
Equity cash-out payment(a) |  |  | (51,400 | ) |  |  | 1.00 |
Forfeited |  |  | (21,206 | ) |  |  | 1.11 |
Outstanding March 30, 2019 |  |  | 741,060 |  |  |  | 1.14 |
Exercised |  |  | (10,000 | ) |  |  | 0.78 |
Forfeited |  |  | (26,242 | ) |  |  | 1.43 |
Outstanding March 28, 2020 |  |  | 704,818 |  |  |  | 1.13 |
Exercised |  |  | (226,853 | ) |  |  | 1.10 |
Forfeited |  |  | (82,818 | ) |  |  | 1.66 |
Outstanding March 27, 2021 |  |  | 395,147 |  |  | $ | 1.04 |
(a) | 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.
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 31, 2018 |  |  | 41 |  |  |  | 1.05 |
Settled in cash |  |  | (41 | ) |  |  | 0.78 |
Outstanding March 30, 2019 |  | $ | 0 |  |  | $ | 0.00 |

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