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Income taxes (Tables) | 12 Months Ended
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Mar. 30, 2024
Income Tax Disclosure [Abstract] |
Summary of Net Deferred Tax Assets Related to Continuing Operations | The significant items comprising the Company’s net deferred tax assets at March 30, 2024 and March 25, 2023 are as follows:
|  | Fiscal Year Ended |
|  | March 30, 2024 |  |  | March 25, 2023 |
|  | (In thousands) |
Deferred tax assets: |  |  |  |
Loss and tax credit carry forwards |  | $ | 14,481 |  |  | $ | 13,282 |
Difference between book and tax basis of property and equipment and intangible assets |  |  | 7,228 |  |  |  | 7,396 |
Operating lease right-of-use asset |  |  | 3,536 |  |  |  | 3,690 |
Other reserves not currently deductible |  |  | 1,196 |  |  |  | 1,195 |
Other |  |  | (292 | ) |  |  | (743 | )
Net deferred tax asset before valuation allowance |  |  | 26,149 |  |  |  | 24,820 |
Valuation allowance |  |  | (26,149 | ) |  |  | (24,820 | )
Net deferred tax asset |  | $ | — |  |  | $ | — |
Components of Income Tax Expense (Benefit) from Continuing Operations | The Company’s income tax expense (benefit) consists of the following components:
|  | Fiscal Year Ended |
|  | March 30, 2024 |  |  | March 25, 2023 |  |  | March 26, 2022 |
|  | (In thousands) |
Income tax expense (benefit): |  |  |  |  |  |  |  |  |  |  |  |
Current |  | $ | — |  |  | $ | — |  |  | $ | — |
Deferred |  |  | (1,329 | ) |  |  | (1,860 | ) |  |  | 1,781 |
Valuation allowance |  |  | 1,329 |  |  |  | 1,860 |  |  |  | (1,781 | )
Income tax expense |  | $ | — |  |  | $ | — |  |  | $ | — |
Schedule of Effective Income Tax Rate Reconciliation |
|  | Fiscal Year Ended |
| March 30, 2024 |  |  | March 25, 2023 |  |  | March 26, 2022 |
Canadian statutory rate |  |  | 25.7 | % |  |  | 25.9 | % |  |  | 26.1 | %
Utilization of unrecognized losses and other tax attributes |  |  | (28.6 | %) |  |  | (25.0 | %) |  |  | (130.8 | %)
Permanent differences and other |  |  | 2.9 | % |  |  | (0.9 | %) |  |  | 104.7 | %
Total |  |  | 0.0 | % |  |  | 0.0 | % |  |  | 0.0 | %
Summary of Non Capital Losses | The following table outlines the maturity of the federal non-capital losses by fiscal year-ends.
|  | Non Capital losses as |
|  | of March 30, 2024 (in thousands) |
Year ending March: |  |  | Operating |
Expiring in 2025 |  |  | — |
Expiring in 2026 |  |  | — |
Expiring in 2027 |  |  | — |
Expiring in 2028 |  |  | — |
Expiring in 2029 |  |  | — |
Expiring in 2030 |  |  | 3,390 |
Expiring in 2031 |  |  | — |
Expiring in 2032 |  |  | — |
Expiring after 2032 |  |  | 47,773 |
Total non-capital losses as of March 30, 2024 |  |  | 51,163 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
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