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Benefit plans and stock-based compensation (Tables)

12 Months Ended

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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