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Segmented information
12 Months Ended
Mar. 27, 2021
Segment Reporting [Abstract]  
Segmented information
 
14.
Segmented information:
The Company has two reportable segments Retail and Other. As of March 27, 2021, Retail operated 26 stores across Canada under the Maison Birks brand, 1 retail location in Calgary under the Brinkhaus brand and 2 retail locations in Vancouver under the Graff and Patek Philippe brands. During fiscal 2021, the Company closed one store operating under the Maison Birks banner and did not open any new stores. Other consists primarily of our
e-commerce
business, wholesale business and gold exchange program. The two reportable segments are managed and evaluated separately based on unadjusted gross profit. The accounting policies used for each of the segments are the same as those used for the consolidated financial statements. Inter-segment sales are made at amounts of consideration agreed upon between the two segments and intercompany profit is eliminated if not yet earned on a consolidated basis. The Company does not evaluate the performance of the Company’s assets on a segment basis for internal management reporting and, therefore, such information is not presented.
Certain information relating to the Company’s segments for the years ended March 27, 2021, March 28, 2020, and March 30, 2019, respectively, is set forth below:
 
   
Retail
   
Other
   
Total
 
   
2021
   
2020
   
2019
   
2021
   
2020
   
2019
   
2021
   
2020
   
2019
 
   
(In thousands)
 
Sales to external customers
  $130,758   $160,981   $143,499   $ 12,310   $ 8,439   $7,550   $143,068   $169,420   $151,049 
Inter-segment sales
   —      —      —      681    3,606    9,912    681    3,606    9,912 
Unadjusted Gross profit
   51,029    64,210    58,936    5,989    4,074    1,119    57,018    68,284    60,055 
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 27, 2021, March 28, 2020, and March 30, 2019:
 
   
Fiscal Year Ended
 
   
March 27, 2021
   
March 28, 2020
   
March 30, 2019
 
   
(In thousands)
 
Unadjusted gross profit
  $57,018   $68,284   $60,055 
Inventory provisions
   (736   (475   (686
Other unallocated costs
   38    (3,586   (998
Adjustment of intercompany profit
   30    254    206 
   
 
 
   
 
 
   
 
 
 
Gross profit
  $56,350   $64,477   $58,577 
   
 
 
   
 
 
   
 
 
 

 
Sales by classes of similar products and by channel were as follows:
 
   
Retail
   
Other
   
Total
 
   
2021
   
2020
   
2019
   
2021
   
2020
   
2019
   
2021
   
2020
   
2019
 
   
(In thousands)
 
Jewelry and other
  $55,743   $81,736   $91,493   $ 11,553   $8,439   $7,550   $67,296   $90,175   $99,043 
Timepieces
   75,015    79,245    52,006    757    —      —      75,772    79,245    52,006 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
   $130,758   $160,981   $143,499   $12,310   $8,439   $7,550   $143,067   $169,420   $151,049