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Segmented information (Tables) | 12 Months Ended
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Mar. 30, 2024
Segment Reporting [Abstract] |
Schedule of Information Relating to Segments | Certain information relating to the Company’s segments for the years ended March 30, 2024, March 25, 2023, and March 26, 2022, respectively, is set forth below:
|  | Retail |  |  | Other |  |  | Total |
|  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2024 |  |  | 2023 |  |  | 2022 |
|  | (In thousands) |
Sales to external customers |  | $ | 173,872 |  |  | $ | 153,428 |  |  | $ | 167,819 |  |  | $ | 11,403 |  |  | $ | 9,522 |  |  | $ | 13,523 |  |  | $ | 185,275 |  |  | $ | 162,950 |  |  | $ | 181,342 |
Inter-segment sales |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 605 |  |  |  | 493 |  |  |  | 574 |  |  |  | 605 |  |  |  | 493 |  |  |  | 574 |
Unadjusted Gross profit |  | $ | 71,665 |  |  | $ | 67,184 |  |  | $ | 72,061 |  |  | $ | 5,352 |  |  | $ | 4,740 | (1) |  | $ | 6,961 |  |  | $ | 77,017 |  |  | $ | 71,924 |  |  | $ | 79,022 |
(1) | The amount presented has been corrected by $2.2 million in these financial statements from the amount previously disclosed to reflect the accurate unadjusted gross profit. The total unadjusted gross profit for the year ended March 25, 2023 remains unchanged as previously disclosed.
Schedule of Reconciliations of Segments Gross Profits and Certain Unallocated Costs to Consolidated Gross Profits | The following sets forth reconciliations of the segment’s gross profits and certain unallocated costs to the Company’s consolidated gross profits for the years ended March 30, 2024, March 25, 2023, and March 26, 2022:
|  | Fiscal Year Ended |
|  | March 30, 2024 |  |  | March 25, 2023 |  |  | March 26, 2022 |
|  | (In thousands) |
Unadjusted gross profit |  | $ | 77,017 |  |  | $ | 71,924 |  |  | $ | 79,022 |
Inventory provisions |  |  | (1,207 | ) |  |  | (849 | ) |  |  | (383 | )
Other unallocated costs |  |  | (2,278 | ) |  |  | (3,153 | ) |  |  | (2,445 | )
Adjustment of intercompany profit |  |  | 23 |  |  |  | 38 |  |  |  | 26 |
Gross profit |  | $ | 73,555 |  |  | $ | 67,960 |  |  | $ | 76,220 |
Summary of Sales by Classes of Similar Products | Sales by classes of similar products and by channel were as follows:
|  | Retail |  |  | Other |  |  | Total |
|  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2024 |  |  | 2023 |  |  | 2022 |
|  | (In thousands) |
Jewelry and other |  | $ | 75,401 |  |  | $ | 77,611 |  |  | $ | 78,586 |  |  | $ | 9,825 |  |  | $ | 8,187 |  |  | $ | 11,936 |  |  | $ | 85,226 |  |  | $ | 85,798 |  |  | $ | 90,522 |
Timepieces |  |  | 98,471 |  |  |  | 75,817 |  |  |  | 89,233 |  |  |  | 1,578 |  |  |  | 1,335 |  |  |  | 1,587 |  |  |  | 100,049 |  |  |  | 77,152 |  |  |  | 90,820 |
|  | $ | 173,872 |  |  | $ | 153,428 |  |  | $ | 167,819 |  |  | $ | 11,403 |  |  | $ | 9,522 |  |  | $ | 13,523 |  |  | $ | 185,275 |  |  | $ | 162,950 |  |  | $ | 181,342 |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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