Document_and_Entity_Informatio
| Document and Entity Information (USD $) | 3 Months Ended | ||
| Dec. 28, 2013 | Jan. 24, 2014 | Sep. 29, 2012 | |
| Document And Entity Information [Abstract] | ' | ' | ' |
| Document Type | '10-Q | ' | ' |
| Document Period End Date | 28-Dec-13 | ' | ' |
| Amendment Flag | 'false | ' | ' |
| Entity Registrant Name | 'MONRO MUFFLER BRAKE INC | ' | ' |
| Entity Central Index Key | '0000876427 | ' | ' |
| Entity Current Reporting Status | 'Yes | ' | ' |
| Entity Voluntary Filers | 'No | ' | ' |
| Current Fiscal Year End Date | '--03-29 | ' | ' |
| Entity Filer Category | 'Large Accelerated Filer | ' | ' |
| Entity Well Known Seasoned Issuer | 'Yes | ' | ' |
| Entity Common Stock Shares Outstanding | ' | 31,449,326 | ' |
| Entity Public Float | ' | ' | $1,021,500,000 |
| Document Fiscal Year Focus | '2014 | ' | ' |
| Document Fiscal Period Focus | 'Q3 | ' | ' |
Consolidated_Balance_Sheets_Un
| Consolidated Balance Sheets (Unaudited) (USD $) | Dec. 28, 2013 | Mar. 30, 2013 |
| In Thousands, unless otherwise specified | ||
| Current assets | ' | ' |
| Cash and equivalents | $4,905 | $1,463 |
| Trade receivables | 3,158 | 2,835 |
| Federal and state income taxes receivable | 0 | 2,336 |
| Inventories | 124,067 | 118,210 |
| Deferred income tax asset | 14,994 | 13,154 |
| Other current assets | 25,919 | 28,412 |
| Total current assets | 173,043 | 166,410 |
| Property, plant and equipment | 523,708 | 504,080 |
| Less - Accumulated depreciation and amortization | -245,051 | -229,034 |
| Net property, plant and equipment | 278,657 | 275,046 |
| Goodwill | 266,497 | 249,803 |
| Intangible assets | 31,414 | 32,396 |
| Other non-current assets | 9,567 | 10,458 |
| Long-term deferred income tax asset | 2,221 | 5,320 |
| Total assets | 761,399 | 739,433 |
| Current liabilities | ' | ' |
| Current portion of long-term debt, capital leases and financing obligations | 7,489 | 6,833 |
| Trade payables | 60,144 | 61,006 |
| Federal and state income taxes payable | 642 | 0 |
| Accrued payroll, payroll taxes and other payroll benefits | 17,243 | 18,302 |
| Accrued insurance | 33,140 | 29,498 |
| Warranty reserves | 9,779 | 9,060 |
| Other current liabilities | 14,105 | 13,431 |
| Total current liabilities | 142,542 | 138,130 |
| Long-term capital leases and financing obligations | 80,649 | 86,962 |
| Long-term debt | 112,483 | 127,847 |
| Accrued rent expense | 5,597 | 6,057 |
| Other long-term liabilities | 13,052 | 11,965 |
| Long-term income taxes payable | 2,667 | 3,430 |
| Total liabilities | 356,990 | 374,391 |
| Commitments | ' | ' |
| Shareholders' equity | ' | ' |
| Class C Convertible Preferred Stock, $1.50 par value, $.064 conversion value, 150,000 shares authorized; 32,500 shares issued and outstanding | 49 | 49 |
| Common Stock, $.01 par value, 65,000,000 shares authorized; 37,509,042 and 37,327,967 shares issued at December 28, 2013 and March 30, 2013, respectively | 375 | 373 |
| Treasury Stock, 6,073,836 shares at cost | -90,064 | -90,064 |
| Additional paid-in capital | 139,149 | 131,460 |
| Accumulated other comprehensive loss | -4,309 | -4,043 |
| Retained earnings | 359,209 | 327,267 |
| Total shareholders' equity | 404,409 | 365,042 |
| Total liabilities and shareholders' equity | $761,399 | $739,433 |
Consolidated_Balance_Sheets_Pa
| Consolidated Balance Sheets (Parentheticals) (Unaudited) (USD $) | Dec. 28, 2013 | Mar. 30, 2013 |
| Common stock par value | $0.01 | $0.01 |
| Common stock authorized | 65,000,000 | 65,000,000 |
| Common shares issued | 37,509,042 | 37,327,967 |
| Treasury stock | 6,073,836 | 6,073,836 |
| Preferred Class C [Member] | ' | ' |
| Preferred stock par value | $1.50 | $1.50 |
| Preferred stock conversion value | $0.06 | $0.06 |
| Preferred stock shares authorized | 150,000 | 150,000 |
| Preferred stock shares issued | 32,500 | 32,500 |
| Preferred stock shares outstanding | 32,500 | 32,500 |
Consolidated_Statements_of_Com
| Consolidated Statements of Comprehensive Income (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, except Per Share data, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 29, 2012 |
| Statement of Comprehensive Income | ' | ' | ' | ' |
| Sales | $216,695 | $190,437 | $628,188 | $536,088 |
| Cost of sales, including distribution and occupancy costs | 134,371 | 120,827 | 385,238 | 328,515 |
| Gross profit | 82,324 | 69,610 | 242,950 | 207,573 |
| Operating, selling, general and administrative expenses | 55,398 | 50,782 | 169,005 | 149,331 |
| Operating income | 26,926 | 18,828 | 73,945 | 58,242 |
| Interest expense, net of interest income | 3,216 | 1,473 | 7,074 | 4,141 |
| Other income, net | -352 | -59 | -583 | -250 |
| Income before provision for income taxes | 24,062 | 17,414 | 67,454 | 54,351 |
| Provision for income taxes | 8,733 | 6,159 | 24,904 | 19,911 |
| Net income | 15,329 | 11,255 | 42,550 | 34,440 |
| Changes in pension, net of tax benefit of $54 and $163 for the quarter and nine months ended fiscal December 2013, respectively | -89 | 0 | -266 | 0 |
| Comprehensive income | $15,240 | $11,255 | $42,284 | $34,440 |
| Earnings per share | ' | ' | ' | ' |
| Basic | $0.49 | $0.36 | $1.35 | $1.10 |
| Diluted | $0.47 | $0.35 | $1.31 | $1.07 |
Consolidated_Statements_of_Com1
| Consolidated Statements of Comprehensive Income (Parentheticals) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 29, 2012 |
| Statement of Comprehensive Income | ' | ' | ' | ' |
| Tax benefit related to changes in pension | $54 | $0 | $163 | $0 |
Consolidated_Statement_of_Chan
| Consolidated Statement of Changes in Shareholders' Equity (Unaudited) (USD $) | Total | Preferred Stock | Common Stock Member | Treasury Stock | Additional Paid-in Capital | Accumulated Other Comprehensive Loss | Retained Earnings |
| In Thousands | |||||||
| Balance beginning at Mar. 30, 2013 | $365,042 | $49 | $373 | ($90,064) | $131,460 | ($4,043) | $327,267 |
| Net income | 42,550 | ' | ' | ' | ' | ' | 42,550 |
| Pension liability adjustment (($429) pre-tax) | -266 | ' | ' | ' | ' | -266 | ' |
| Preferred stock cash dividends | -250 | ' | ' | ' | ' | ' | -250 |
| Common stock cash dividends | -10,358 | ' | ' | ' | ' | ' | -10,358 |
| Tax benefit from exercise of stock options | 1,297 | ' | ' | ' | 1,297 | ' | ' |
| Exercise of stock options | 3,466 | ' | 2 | ' | 3,464 | ' | ' |
| Stock-based compensation | 2,928 | ' | ' | ' | 2,928 | ' | ' |
| Balance ending at Dec. 28, 2013 | $404,409 | $49 | $375 | ($90,064) | $139,149 | ($4,309) | $359,209 |
Consolidated_Statement_of_Chan1
| Consolidated Statement of Changes in Shareholders' Equity (Parentheticals) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, except Per Share data, unless otherwise specified | Dec. 28, 2013 | Sep. 28, 2013 | Jun. 29, 2013 | Dec. 28, 2013 |
| DividendsCashAbstract | ' | ' | ' | ' |
| Preferred stock cash dividends per common stock equivalent | $0.11 | $0.11 | $0.11 | ' |
| Common stock cash dividends per share | $0.11 | $0.11 | $0.11 | ' |
| Pension liability adjustment - pre-tax | ' | ' | ' | ' |
| Pension liability adjustment - pre-tax | ' | ' | ' | $429 |
Consolidated_Statements_of_Cas
| Consolidated Statements of Cash Flows (Unaudited) (USD $) | 9 Months Ended | |
| Dec. 28, 2013 | Dec. 29, 2012 | |
| Cash flows from operating activities | ' | ' |
| Net income | $42,550,000 | $34,440,000 |
| Adjustments to reconcile net income to net cash provided by operating activities - | ' | ' |
| Depreciation and amortization | 23,755,000 | 19,422,000 |
| Gain on bargain purchase | -261,000 | 0 |
| Loss on disposal of assets | 79,000 | 320,000 |
| Stock-based compensation expense | 2,928,000 | 2,412,000 |
| Excess tax benefits from share-based payment arrangements | -133,000 | -270,000 |
| Net change in deferred income taxes | 1,513,000 | -280,000 |
| Change in operating assets and liabilities: | ' | ' |
| Trade receivables | -323,000 | -252,000 |
| Inventories | -4,300,000 | -1,354,000 |
| Other current assets | 2,604,000 | -1,383,000 |
| Other non-current assets | 2,034,000 | 596,000 |
| Trade payables | -862,000 | 8,002,000 |
| Accrued expenses | 1,948,000 | -742,000 |
| Federal and state income taxes payable | 4,275,000 | 2,813,000 |
| Other long-term liabilities | -11,000 | -352,000 |
| Long-term income taxes payable | -763,000 | -200,000 |
| Total adjustments | 32,483,000 | 28,732,000 |
| Net cash provided by operating activities | 75,033,000 | 63,172,000 |
| Cash flows from investing activiites: | ' | ' |
| Capital expenditures | -21,686,000 | -21,066,000 |
| Acquisitions, net of cash acquired | -26,334,000 | -145,967,000 |
| Proceeds from the disposal of assets | 3,898,000 | 2,997,000 |
| Net cash used for investing activities | -44,122,000 | -164,036,000 |
| Cash flows from financing activities: | ' | ' |
| Proceeds from borrowings | 234,980,000 | 284,675,000 |
| Principal payments on long-term debt, capital leases and financing obligations | -255,440,000 | -169,112,000 |
| Exercise of stock options | 3,466,000 | 2,075,000 |
| Excess tax benefits from share-based payment arrangements | 133,000 | 270,000 |
| Dividends to shareholders | -10,608,000 | -12,739,000 |
| Net cash (used for) provided by financing activities | -27,469,000 | 105,169,000 |
| Increase in cash | 3,442,000 | 4,305,000 |
| Cash at beginning of period | 1,463,000 | 3,257,000 |
| Cash at end of period | $4,905,000 | $7,562,000 |
Condensed_Consolidated_Financi
| Condensed Consolidated Financial Statements | 9 Months Ended |
| Dec. 28, 2013 | |
| Organization Consolidation And Presentation Of Financial Statements Disclosure [Abstract] | ' |
| Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | ' |
| Note 1 – Condensed Consolidated Financial Statements | |
| The consolidated balance sheets as of December 28, 2013 and March 30, 2013, the consolidated statements of comprehensive income for the quarters and nine months ended December 28, 2013 and December 29, 2012, the consolidated statements of cash flows for the nine months ended December 28, 2013 and December 29, 2012, and the consolidated statement of changes in shareholders' equity for the nine months ended December 28, 2013, include financial information for Monro Muffler Brake, Inc. and its wholly-owned subsidiary, Monro Service Corporation (collectively, “Monro”, “we”, “us”, “our”). These unaudited, condensed consolidated financial statements have been prepared by Monro. We believe all known adjustments (consisting of normal recurring accruals or adjustments) have been made to fairly state the financial position, results of operations and cash flows for the unaudited periods presented. | |
| Interim results are not necessarily indicative of results for a full year. The year-end consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America. The information included in this Form 10-Q should be read in conjunction with the audited financial statements and notes thereto included in our annual report on Form 10-K for the year ended March 30, 2013. | |
| We report our results on a 52/53 week fiscal year with the fiscal year ending on the last Saturday in March of each year. The following are the dates represented by each fiscal period reported in these condensed financial statements: | |
| “Quarter Ended Fiscal December 2013” September 29, 2013 – December 28, 2013 (13 weeks) | |
| “Quarter Ended Fiscal December 2012” September 30, 2012 – December 29, 2012 (13 weeks) | |
| “Nine Months Ended Fiscal December 2013” March 31, 2013 – December 28, 2013 (39 weeks) | |
| “Nine Months Ended Fiscal December 2012” April 1, 2012 – December 29, 2012 (39 weeks) | |
| Fiscal year 2014, ending March 29, 2014, is a 52 week year. | |
| Retrospective Adjustments – Purchase Accounting | |
| During the quarter ended December 2013, we finalized the purchase accounting for several acquisitions that occurred in fiscal year 2013. We retrospectively adjusted the provisional amounts recognized at the acquisition dates to reflect fair value and made adjustments to the March 30, 2013 consolidated balance sheet. See Note 2 – “Acquisitions” for details. | |
| Recent Accounting Pronouncements | |
| In February 2013, the Financial Accounting Standards Board issued new accounting guidance for the reporting of amounts reclassified out of accumulated other comprehensive income. This guidance requires companies to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income when applicable, or to cross-reference the reclassifications with other disclosures that provide additional detail about the reclassification made when the reclassifications are not made to net income. This guidance is effective for fiscal years and interim periods beginning after December 15, 2012. The adoption of this guidance in the first quarter of fiscal 2014 did not have an impact on Monro's Consolidated Financial Statements. | |
| In July 2013, the Financial Accounting Standards Board issued new accounting guidance for income tax presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss or a tax credit carryforward exists. This guidance requires an entity to net its unrecognized tax benefits against the deferred tax assets for all same jurisdiction net operating loss or similar tax loss carryforwards, or tax credit carryforwards. The guidance is to be applied prospectively (with an option to apply retrospectively) and will apply to all unrecognized tax benefits that exist at the effective date. This guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2013, with early adoption permitted. As we already net our unrecognized tax benefits against the deferred tax assets for all same jurisdiction net operating loss carryforwards, this guidance had no impact on Monro's Consolidated Financial Statements. | |
| Other recent authoritative guidance issued by the FASB (including technical corrections to the Accounting Standards Codification) and the Securities and Exchange Commission did not, or are not expected to have a material effect on Monro's Consolidated Financial Statements. | |
Acquisitions
| Acquisitions | 9 Months Ended | ||||
| Dec. 28, 2013 | |||||
| Business Combinations [Abstract] | ' | ||||
| Mergers Acquisitions And Dispositions Disclosures [Text Block] | ' | ||||
| Note 2 – Acquisitions | |||||
| Acquisitions are strategic moves in our plan to fill in and expand our presence in existing and contiguous markets, and leverage fixed operating costs such as distribution and advertising. | |||||
| Fiscal 2014 | |||||
| On November 17, 2013, we acquired six retail tire and automotive repair stores located in Delaware and Maryland and four retail tire and automotive repair stores located in Kentucky from two separate sellers. | |||||
| On August 18, 2013, we acquired 10 retail automotive repair stores located in the Washington D.C. metropolitan area from Curry's Automotive Group. These retail automotive repair stores operate under the Curry's/Mr. Tire name. | |||||
| The fiscal 2014 acquisitions are not material to the Consolidated Financial Statements and supplemental pro forma information for the current or prior reporting periods has not been presented due to the impracticability of obtaining detailed, accurate or reliable data for the periods the acquired entities were not owned by Monro. These acquisitions were financed through our existing credit facility. | |||||
| Fiscal 2013 | |||||
| On April 1, 2012, we acquired 20 retail tire and automotive repair stores located in Virginia from Kramer Tire Co. (“Kramer”). We finalized the purchase accounting for this acquisition in the fourth quarter of fiscal 2013. | |||||
| As part of the acquisition process, the purchase accounting was finalized during fiscal 2014 for the following fiscal 2013 acquisitions. | |||||
| On June 3, 2012, we acquired 18 retail tire and automotive repair stores located in North Carolina from Colony Tire Corporation (“Colony”). We finalized the purchase accounting for this acquisition during the first quarter of fiscal 2014. | |||||
| On August 12, 2012, we acquired 17 retail automotive repair and tire stores located in Wisconsin and South Carolina from Tuffy Associates Corp. (“Tuffy”). We finalized the purchase accounting for this acquisition during the second quarter of fiscal 2014. | |||||
| On October 7, 2012, we acquired five retail tire and automotive repair stores located in New York from Chesley Co. Inc., a former Midas franchise. We finalized the purchase accounting for this acquisition during the third quarter of fiscal 2014. | |||||
| On October 14, 2012, we acquired one retail tire and automotive repair store located in Massachusetts from Brothers Tire, Inc. We finalized the purchase accounting for this acquisition during the third quarter of fiscal 2014. | |||||
| On November 18, 2012, we acquired 31 retail tire stores located in Indiana, Tennessee and Illinois from Everybody's Oil Corporation. We finalized the purchase accounting for this acquisition during the third quarter of fiscal 2014. | |||||
| On December 16, 2012, we acquired 27 retail tire and automotive repair stores located in Indiana and Kentucky and a wholesale operation and warehouse in Kentucky from Ken Towery's Auto Care of Kentucky, Inc. and Ken Towery's Auto Care of Indiana, Inc. We finalized the purchase accounting for this acquisition during the third quarter of fiscal 2014. | |||||
| As a result of the final purchase price allocations, certain of the fair value amounts previously estimated were adjusted during the measurement period. These measurement period adjustments related to updated valuation reports and appraisals received from our external valuation specialists, as well as revisions to internal estimates. The changes in estimates include an increase in property, plant and equipment of $4.2 million; an increase in intangible assets of $3.9 million; an increase in the long-term deferred income tax asset of $7.4 million; an increase in the current portion of long-term debt, capital leases and financing obligations of $1.9 million; a decrease in warranty reserves of $.2 million; an increase in long-term capital leases and financing obligations of $28.1 million; and an increase in other long-term liabilities of $.2 million. The measurement period adjustments resulted in an increase to goodwill of $14.5 million. | |||||
| The purchase price allocation (shown below) and the March 30, 2013 consolidated balance sheet have been retrospectively adjusted to reflect the purchase accounting measurement period adjustments described above. Additionally, the adjustments did not have a material impact on the current period or any prior period consolidated statements of comprehensive income, and, therefore, prior period consolidated statements of comprehensive income have not been retrospectively adjusted. | |||||
| The acquisitions resulted in goodwill related to, among other things, growth opportunities and unidentifiable intangible assets. All of the goodwill is expected to be deductible for tax purposes. We have recorded finite-lived intangible assets at their estimated fair value related to customer relationships, trade names and favorable leases. | |||||
| In accordance with accounting guidance on business combinations, we expensed all costs related to the acquisitions in the nine months ended December 29, 2012. The total costs related to the acquisitions were $.6 million and $1.3 million for the three and nine months ended December 29, 2012, respectively. These costs are included in the consolidated statements of comprehensive income primarily under operating, selling, general and administrative expenses. | |||||
| The purchase price of the acquisitions has been allocated to the net tangible and intangible assets acquired, with the remainder recorded as goodwill on the basis of estimated fair values, as follows: | |||||
| (Dollars in thousands) | |||||
| Inventories | $ | 16,645 | |||
| Other current assets | 1,214 | ||||
| Property, plant and equipment | 38,531 | ||||
| Intangible assets | 19,920 | ||||
| Long-term deferred income tax asset | 13,030 | ||||
| Total assets acquired | 89,340 | ||||
| Warranty reserves | 3,166 | ||||
| Other current liabilities | 4,338 | ||||
| Long-term capital leases and financing obligations | 43,218 | ||||
| Other long-term liabilities | 4,096 | ||||
| Total liabilities assumed | 54,818 | ||||
| Total net identifiable assets acquired | $ | 34,522 | |||
| Total consideration transferred | $ | 144,715 | |||
| Less: total net identifiable assets acquired | 34,522 | ||||
| Goodwill | $ | 110,193 | |||
| Intangible assets consist of customer relationships ($8.3 million), trade names ($6.6 million) and favorable leases ($5.0 million). Customer relationships, trade names and favorable leases are being amortized over their estimated useful lives. The weighted average useful lives are approximately six, 17 and 12 years, respectively. The weighted average useful life of all intangible assets is 11 years. | |||||
| Sales for the fiscal 2013 acquired entities for the three and nine months ended December 29, 2012 totaled $21.7 million and $42.8 million, respectively for the period from acquisition date through December 29, 2012. | |||||
| Supplemental pro forma information for the current or prior reporting periods has not been presented due to the impracticability of obtaining detailed, accurate or reliable data for the periods the acquired entities were not owned by Monro. | |||||
| We continue to refine the valuation data and estimates related to road hazard warranty, intangible assets, real estate and real property leases for all other fiscal 2013 acquisitions and the fiscal 2014 acquisitions, and expect to complete the valuations no later than the first anniversary date of the respective acquisition. We anticipate that adjustments will continue to be made to the fair values of identifiable assets acquired and liabilities assumed and those adjustments may or may not be material. | |||||
Earnings_Per_Share
| Earnings Per Share | 9 Months Ended | ||||||||||||
| Dec. 28, 2013 | |||||||||||||
| Earnings Per Share Basic And Diluted [Abstract] | ' | ||||||||||||
| Earnings Per Share Text Block | ' | ||||||||||||
| Note 3 – Earnings Per Share | |||||||||||||
| Basic earnings per common share (EPS) amounts are computed by dividing income available to common shareholders, after deducting preferred stock dividends, by the average number of common shares outstanding. Diluted EPS amounts assume the issuance of common stock for all potentially dilutive equivalent securities outstanding. | |||||||||||||
| The following is a reconciliation of basic and diluted EPS for the respective periods: | |||||||||||||
| Quarter Ended | Nine Months Ended | ||||||||||||
| Fiscal December | Fiscal December | ||||||||||||
| 2013 | 2012 | 2013 | 2012 | ||||||||||
| (Dollars in thousands, | |||||||||||||
| except per share data) | |||||||||||||
| Numerator for earnings per common share calculation: | |||||||||||||
| Net Income | $ | 15,329 | $ | 11,255 | $ | 42,550 | $ | 34,440 | |||||
| Preferred stock dividends | -83 | -152 | -250 | -304 | |||||||||
| Income available to common stockholders | $ | 15,246 | $ | 11,103 | $ | 42,300 | $ | 34,136 | |||||
| Denominator for earnings per common share calculation: | |||||||||||||
| Weighted average common shares, basic | 31,417 | 31,116 | 31,369 | 31,020 | |||||||||
| Effect of dilutive securities: | |||||||||||||
| Preferred stock | 760 | 760 | 760 | 760 | |||||||||
| Stock options | 456 | 364 | 438 | 507 | |||||||||
| Weighted average common shares, diluted | 32,633 | 32,240 | 32,567 | 32,287 | |||||||||
| Basic Earnings per common share: | $ | 0.49 | $ | 0.36 | $ | 1.35 | $ | 1.1 | |||||
| Diluted Earnings per common share: | $ | 0.47 | $ | 0.35 | $ | 1.31 | $ | 1.07 | |||||
| The computation of diluted EPS excludes the effect of the assumed exercise of approximately 86,000 and 98,000 stock options for the three and nine months ended fiscal December 28, 2013, respectively, and 1,034,000 and 967,000 stock options for the three and nine months ended December 29, 2012, respectively. Such amounts were excluded as the exercise prices of these stock options were greater than the average market value of our Common Stock for those periods, resulting in an anti-dilutive effect on diluted EPS. | |||||||||||||
Income_Taxes
| Income Taxes | 9 Months Ended |
| Dec. 28, 2013 | |
| Income Tax Disclosure [Abstract] | ' |
| Income Tax Disclosure Text Block | ' |
| Note 4 – Income Taxes | |
| In the normal course of business, we provide for uncertain tax positions and the related interest and penalties, and adjust our unrecognized tax benefits and accrued interest and penalties accordingly. The total amounts of unrecognized tax benefits were $5.3 million and $5.7 million at December 28, 2013 and March 30, 2013, respectively, the majority of which, if recognized, would affect the effective tax rate. As of December 28, 2013, we had approximately $.3 million of interest and penalties accrued related to unrecognized tax benefits. | |
| We file U.S. federal income tax returns and income tax returns in various state jurisdictions. Our fiscal 2011 through fiscal 2013 U.S. federal tax years and various state tax years remain subject to income tax examinations by tax authorities. |
Fair_Value
| Fair Value | 9 Months Ended |
| Dec. 28, 2013 | |
| Fair Value Disclosures [Abstract] | ' |
| Fair Value Disclosures [Text Block] | ' |
| Note 5 – Fair Value | |
| Long-term debt had a carrying amount and a fair value of $112.5 million as of December 28, 2013, as compared to a carrying amount and a fair value of $127.8 million as of March 30, 2013. The fair value of long-term debt was estimated based on discounted cash flow analyses using either quoted market prices for the same or similar issues, or the current interest rates offered to Monro for debt with similar maturities. | |
Supplemental_Disclosure_of_Cas
| Supplemental Disclosure of Cash Flow Information | 9 Months Ended | ||
| Dec. 28, 2013 | |||
| Supplemental Cash Flow Information Abstract | ' | ||
| Cash Flow Supplemental Disclosures Text Block | ' | ||
| Note 6 – Supplemental Disclosure of Cash Flow Information | |||
| The following represents non-cash investing and financing activities during the periods indicated: | |||
| Nine Months Ended December 28, 2013: | |||
| In connection with the fiscal 2014 acquisitions, liabilities were assumed as follows: | |||
| Fair value of assets acquired | $ | 12,184,000 | |
| Goodwill acquired | 16,714,000 | ||
| Gain on bargain purchase | -261,000 | ||
| Cash paid, net of cash acquired | -26,334,000 | ||
| Liabilities assumed | $ | 2,303,000 | |
| Nine Months Ended December 29, 2012: | |||
| In connection with the fiscal 2013 acquisitions, liabilities were assumed as follows: | |||
| Fair value of assets acquired | $ | 89,340,000 | |
| Goodwill acquired | 110,193,000 | ||
| Cash paid, net of cash acquired | -144,715,000 | ||
| Liabilities assumed | $ | 54,818,000 | |
| These amounts reflect final purchase accounting adjustments for the fiscal 2013 acquisitions. (See Note 2). | |||
Cash_Dividend
| Cash Dividend | 9 Months Ended |
| Dec. 28, 2013 | |
| DividendsCashAbstract | ' |
| Cash Dividends [Text Block] | ' |
| Note 7 – Cash Dividend | |
| In May 2013, our Board of Directors declared its intention to pay a regular quarterly cash dividend during fiscal 2014 of $.11 per common share or common share equivalent to be paid beginning with the first quarter of fiscal 2014. However, the declaration of and any determination as to the payment of future dividends will be at the discretion of the Board of Directors and will depend on our financial condition, results of operations, capital requirements, compliance with charter and credit facility restrictions, and such other factors as the Board of Directors deems relevant. |
Acquisitions_Tables
| Acquisitions (Tables) | 9 Months Ended | ||||
| Dec. 28, 2013 | |||||
| Business Combinations [Abstract] | ' | ||||
| Schedule Of Purchase Price [Table Text Block] | ' | ||||
| (Dollars in thousands) | |||||
| Inventories | $ | 16,645 | |||
| Other current assets | 1,214 | ||||
| Property, plant and equipment | 38,531 | ||||
| Intangible assets | 19,920 | ||||
| Long-term deferred income tax asset | 13,030 | ||||
| Total assets acquired | 89,340 | ||||
| Warranty reserves | 3,166 | ||||
| Other current liabilities | 4,338 | ||||
| Long-term capital leases and financing obligations | 43,218 | ||||
| Other long-term liabilities | 4,096 | ||||
| Total liabilities assumed | 54,818 | ||||
| Total net identifiable assets acquired | $ | 34,522 | |||
| Total consideration transferred | $ | 144,715 | |||
| Less: total net identifiable assets acquired | 34,522 | ||||
| Goodwill | $ | 110,193 | |||
Earnings_Per_Share_Tables
| Earnings Per Share (Tables) | 9 Months Ended | ||||||||||||
| Dec. 29, 2012 | |||||||||||||
| Earnings Per Share Basic And Diluted [Abstract] | ' | ||||||||||||
| Schedule Of Earnings Per Share Basic And Diluted Table Text Block | ' | ||||||||||||
| Quarter Ended | Nine Months Ended | ||||||||||||
| Fiscal December | Fiscal December | ||||||||||||
| 2013 | 2012 | 2013 | 2012 | ||||||||||
| (Dollars in thousands, | |||||||||||||
| except per share data) | |||||||||||||
| Numerator for earnings per common share calculation: | |||||||||||||
| Net Income | $ | 15,329 | $ | 11,255 | $ | 42,550 | $ | 34,440 | |||||
| Preferred stock dividends | -83 | -152 | -250 | -304 | |||||||||
| Income available to common stockholders | $ | 15,246 | $ | 11,103 | $ | 42,300 | $ | 34,136 | |||||
| Denominator for earnings per common share calculation: | |||||||||||||
| Weighted average common shares, basic | 31,417 | 31,116 | 31,369 | 31,020 | |||||||||
| Effect of dilutive securities: | |||||||||||||
| Preferred stock | 760 | 760 | 760 | 760 | |||||||||
| Stock options | 456 | 364 | 438 | 507 | |||||||||
| Weighted average common shares, diluted | 32,633 | 32,240 | 32,567 | 32,287 | |||||||||
| Basic Earnings per common share: | $ | 0.49 | $ | 0.36 | $ | 1.35 | $ | 1.1 | |||||
| Diluted Earnings per common share: | $ | 0.47 | $ | 0.35 | $ | 1.31 | $ | 1.07 | |||||
Supplemental_Disclosure_of_Cas1
| Supplemental Disclosure of Cash Flow Information (Tables) | 9 Months Ended | ||
| Dec. 28, 2013 | |||
| Supplemental Cash Flow Information Abstract | ' | ||
| ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock | ' | ||
| Fair value of assets acquired | $ | 12,184,000 | |
| Goodwill acquired | 16,714,000 | ||
| Gain on bargain purchase | -261,000 | ||
| Cash paid, net of cash acquired | -26,334,000 | ||
| Liabilities assumed | $ | 2,303,000 | |
| Fair value of assets acquired | $ | 89,340,000 | |
| Goodwill acquired | 110,193,000 | ||
| Cash paid, net of cash acquired | -144,715,000 | ||
| Liabilities assumed | $ | 54,818,000 | |
Condensed_Consolidated_Financi1
| Condensed Consolidated Financial Statements (Details) | 9 Months Ended |
| Dec. 28, 2013 | |
| Organization Consolidation And Presentation Of Financial Statements Disclosure [Abstract] | ' |
| Company reported results maximum | '53 weeks |
| Company reported results minimum | '52 weeks |
| Company reported results current year fiscal quarter | '13 weeks |
| Company reported results prior year fiscal quarter | '13 weeks |
| Company reported results current fiscal year to date | '39 weeks |
| Company reported results prior fiscal year to date | '39 weeks |
| Company reported results current fiscal year | '52 weeks |
Acquisitions_Details
| Acquisitions (Details) (USD $) | 3 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||
| Dec. 29, 2012 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 29, 2012 | Dec. 29, 2012 | Dec. 29, 2012 | Dec. 29, 2012 | Dec. 29, 2012 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 29, 2012 | Dec. 29, 2012 | |
| Kramer Acquisition | Colony Acquisition | Tuffy Acquisition | Brothers Acquisition | Chesley Acquisition | Everybody's Oil Acquisition | Towery Acquisition | Curry Acquisition | Delaware and Maryland Stores Acquisitions [Member] | Kentucky Stores Acquisition [Member] | Third Quarter Fiscal 2014 Acquisitions [Member] | ||||
| numberofstores | numberofstores | numberofstores | numberofstores | numberofstores | numberofstores | numberofstores | numberofstores | numberofstores | numberofstores | numberofsellers | ||||
| numberofwarehouses | ||||||||||||||
| Business Acquisition [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Number of stores acquired | ' | ' | ' | 20 | 18 | 17 | 1 | 5 | 31 | 27 | 10 | 6 | 4 | ' |
| Number of sellers | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 |
| Number of wholesale operations acquired | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' |
| Number of warehouses acquired | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' |
| Property, plant and equipment, purchase price adjustment | $4,200,000 | $4,200,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Intangible assets, purchase price adjustment | 3,900,000 | 3,900,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Long-term deferred income tax asset, purchase price adjustment | 7,400,000 | 7,400,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Current portion of long-term debt, capital leases and financing obligations, purchase price adjustment | 1,900,000 | 1,900,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Warranty reserves, purchase price adjustment | -200,000 | -200,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Long-term capital leases and financing obligations, purchase price adjustment | 28,100,000 | 28,100,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Other long-term liabilities, purchase price adjustment | 200,000 | 200,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Goodwill, purchase price adjustment | 14,500,000 | 14,500,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Schedule Of Business Acquisitions Purchase Price Allocation [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Inventories | 16,645,000 | 16,645,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Other current assets | 1,214,000 | 1,214,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Property, plant and equipment | 38,531,000 | 38,531,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Intangible assets | 19,920,000 | 19,920,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Long-term deferred income tax asset | 13,030,000 | 13,030,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Total assets acquired | 89,340,000 | 89,340,000 | 12,184,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Warranty reserves | 3,166,000 | 3,166,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Other current liabilities | 4,338,000 | 4,338,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Long-term capital leases and financing obligations | 43,218,000 | 43,218,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Other long-term liabilities | 4,096,000 | 4,096,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Total liabilities assumed | 54,818,000 | 54,818,000 | 2,303,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Total net identifiable assets acquied | 34,522,000 | 34,522,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Total consideration transferred | 144,715,000 | 144,715,000 | 26,334,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Less: total net identifiable assets acquired | 34,522,000 | 34,522,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Goodwill | ' | 110,193,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Total costs related to acquisitions | 600,000 | 1,300,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Sales for the fiscal 2013 acquired entities | $21,700,000 | $42,800,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisitions_Additional_Inform
| Acquisitions Additional Information (Details) (USD $) | 9 Months Ended |
| In Millions, unless otherwise specified | Dec. 29, 2012 |
| Acquired Finite-Lived Intangible Assets [Line Items] | ' |
| Customer relationships | 8.3 |
| Trade names | 6.6 |
| Favorable leases | 5 |
| All finite lived intangible assets | ' |
| Acquired Finite-Lived Intangible Assets [Line Items] | ' |
| Weighted average useful life | '11 years |
| Trade names | ' |
| Acquired Finite-Lived Intangible Assets [Line Items] | ' |
| Weighted average useful life | '17 years |
| Customer relationships | ' |
| Acquired Finite-Lived Intangible Assets [Line Items] | ' |
| Weighted average useful life | '6 years |
| Favorable leases | ' |
| Acquired Finite-Lived Intangible Assets [Line Items] | ' |
| Weighted average useful life | '12 years |
Earnings_Per_Share_Details
| Earnings Per Share (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, except Per Share data, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 29, 2012 |
| Numerator For Earnings Per Share Calculation [Abstract] | ' | ' | ' | ' |
| Net income | $15,329 | $11,255 | $42,550 | $34,440 |
| Preferred stock dividends | -83 | -152 | -250 | -304 |
| Income available to common shareholders | $15,246 | $11,103 | $42,300 | $34,136 |
| Denominator for earnings per common share calculation: | ' | ' | ' | ' |
| Weighted average common shares, basic | 31,417 | 31,116 | 31,369 | 31,020 |
| Effect of dilutive securities: | ' | ' | ' | ' |
| Preferred stock | 760 | 760 | 760 | 760 |
| Stock options | 456 | 364 | 438 | 507 |
| Weighted average number of common shares, diluted | 32,633 | 32,240 | 32,567 | 32,287 |
| Basic Earnings per common share: | $0.49 | $0.36 | $1.35 | $1.10 |
| Diluted Earnings per common share: | $0.47 | $0.35 | $1.31 | $1.07 |
| Antidilutive securities excluded from computation of earnings per share | 86,000 | 98,000 | 1,034,000 | 967,000 |
Income_Taxes_Details
| Income Taxes (Details) (USD $) | Dec. 28, 2013 | Mar. 30, 2013 |
| In Millions, unless otherwise specified | ||
| Income Tax Uncertainties | ' | ' |
| Unrecognized tax benefits | $5.30 | $5.70 |
| Interest and penalties accrued related to unrecognized tax benefits | $0.30 | ' |
Fair_Value_Details
| Fair Value (Details) (USD $) | Dec. 28, 2013 | Mar. 30, 2013 |
| In Millions, unless otherwise specified | ||
| Fair Value Disclosures [Abstract] | ' | ' |
| Carrying amount of long-term debt ( including current portion) | $112.50 | $127.80 |
| Fair value of long-term debt (including current portion) | $112.50 | $127.80 |
Supplemental_Disclosure_of_Cas2
| Supplemental Disclosure of Cash Flow Information (Details) (USD $) | 9 Months Ended | |
| Dec. 28, 2013 | Dec. 29, 2012 | |
| Supplemental Cash Flow [Line Items] | ' | ' |
| Fair value of assets acquired | $12,184,000 | $89,340,000 |
| Goodwill acquired | 16,714,000 | 110,193,000 |
| Gain on bargain purchase | -261,000 | 0 |
| Cash paid, net of cash acquired | -26,334,000 | -144,715,000 |
| Liabilities assumed | $2,303,000 | $54,818,000 |
Cash_Dividends_Details
| Cash Dividends (Details) (USD $) | 3 Months Ended | |||
| Mar. 29, 2014 | Dec. 28, 2013 | Sep. 28, 2013 | Jun. 29, 2013 | |
| DividendsCashAbstract | ' | ' | ' | ' |
| Common stock cash dividends per share declared | $0.11 | $0.11 | $0.11 | $0.11 |