XML 41 R13.htm IDEA: XBRL DOCUMENT
v3.24.2

Accounts receivable and other receivables | 12 Months Ended
--- | ---
Mar. 30, 2024
Receivables [Abstract] |
Accounts receivable and other receivables |
| 3. | Accounts receivable and other receivabl es:
Accounts receivable, net of allowance for credit losses, at March 30, 2024 and March 25, 2023 consist of the following:
|  | As of |
|  | March 30, 2024 |  |  | March 25, 2023 |
|  | (In thousands) |
Customer trade receivables |  | $ | 4,992 |  |  | $ | 6,237 |
Other receivables |  |  | 3,463 |  |  |  | 5,140 |
|  | $ | 8,455 |  |  | $ | 11,377 |
Continuity of the allowance for doubtful accounts is as follows (in thousands):
Balance March 27, 2021 |  | $ | 1,249 |
Provision for credit losses |  |  | 303 |
Net write offs |  |  | (343 | )
Balance March 26, 2022 |  | $ | 1,209 |
Provision for credit losses |  |  | 538 |
Net write offs |  |  | (493 | )
Balance March 25, 2023 |  | $ | 1,254 |
Provision for credit losses |  |  | 555 |
Net write offs |  |  | (433 | )
Balance March 30, 2024 |  | $ | 1,376 |
Other receivables mainly relate to receivables from wholesale revenue, tenant allowances receivable from certain landlords, and the receivable from the joint venture (see Note 16). Certain sales plans relating to customers’ use of Birks credit cards provide for revolving lines of credit and/or installment plans under which the payment terms exceed one year. The receivables repayable within a timeframe exceeding one year included under such plans amounted to approximately $1.6 million and $2.0 million at March 30, 2024 and March 25, 2023, respectively, which are not included in customer trade receivables outlined above, and are included in long-term receivables on the Company’s balance sheet. The following table disaggregates the Company’s accounts receivables and other receivables and long-term receivables as at March 30, 2024:
|  | Current |  |  | 1 - 30 days past due |  |  | 31 - 60 days past due |  |  | 61 - 90 days past due |  |  | Greater than 90 days past due |  |  | Total |
Customer in-house receivables |  | $ | 5,555 |  |  | $ | 486 |  |  | $ | 83 |  |  | $ | 101 |  |  | $ | 1,550 |  |  | $ | 7,775 |
Other receivables |  |  | 872 |  |  |  | 1,369 |  |  |  | 363 |  |  |  | 226 |  |  |  | 797 |  |  |  | 3,627 |
|  | $ | 6,427 |  |  | $ | 1,855 |  |  | $ | 446 |  |  | $ | 327 |  |  | $ | 2,347 |  |  | $ | 11,402 |
The following table disaggregates the Company’s accounts receivables and other receivables and long-term receivables as at March 25, 2023:
|  | Current |  |  | 1 - 30 days past due |  |  | 31 - 60 days past due |  |  | 61 - 90 days past due |  |  | Greater than 90 days past due |  |  | Total |
Customer in-house receivables |  | $ | 7,400 |  |  | $ | 545 |  |  | $ | 129 |  |  | $ | 161 |  |  | $ | 957 |  |  | $ | 9,192 |
Other receivables |  |  | 4,630 |  |  |  | 106 |  |  |  | 228 |  |  |  | 55 |  |  |  | 420 |  |  |  | 5,439 |
|  | $ | 12,030 |  |  | $ | 651 |  |  | $ | 357 |  |  | $ | 216 |  |  | $ | 1,377 |  |  | $ | 14,631 |

X
- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//310-10/tableOfContent + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration