Monro (MNRO) 10-K 12 Jun 20 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 28, 2020	May 22, 2020	Sep. 28, 2019
Document And Entity Information [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Mar. 28, 2020
Current Fiscal Year End Date	--03-28
Document Fiscal Year Focus	2020
Document Transition Report	false
Entity File Number	0-19357
Entity Registrant Name	Monro, Inc.
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	16-0838627
Entity Address, Address Line One	200 Holleder Parkway
Entity Address, City or Town	Rochester
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	14615
City Area Code	585
Local Phone Number	647-6400
Title of 12(b) Security	Common Stock, par value $.01 per share
Trading Symbol	MNRO
Security Exchange Name	NASDAQ
Entity Well Known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 2,556,600,000
Entity Common Stock Shares Outstanding		33,284,357
Documents Incorporated by Reference [Text Block]	DOCUMENTS INCORPORATED BY REFERENCE Certain portions of the registrant’s definitive proxy statement (to be filed pursuant to Regulation 14A) for the 2020 Annual Meeting of Shareholders to be held August 18, 2020 (the “Proxy Statement”) are incorporated by reference in Part III of this report.
Entity Central Index Key	0000876427
Amendment Flag	false
Document Fiscal Period Focus	FY

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 28, 2020	Mar. 30, 2019
Current assets:
Cash and equivalents	$ 345,476	$ 6,214
Trade receivables	14,510	14,617
Federal and state income taxes receivable	8,056	5,586
Inventories	187,441	171,038
Other current assets	40,537	42,452
Total current assets	596,020	239,907
Property, plant and equipment	682,932	640,421
Less - Accumulated depreciation and amortization	(354,295)	(327,869)
Property, plant and equipment, net	328,637	312,552
Finance lease and financing obligation assets, net	196,575	128,029
Operating lease assets, net	199,729
Goodwill	671,843	565,503
Intangible assets, net	29,781	51,107
Other non-current assets	20,688	13,024
Long-term deferred income tax assets	6,184	2,166
Total assets	2,049,457	1,312,288
Current liabilities:
Current portion of long-term debt, finance leases and financing obligations	32,257	22,229
Current portion of operating lease liabilities	30,181
Trade payables	99,504	103,602
Accrued payroll, payroll taxes and other payroll benefits	14,429	20,231
Accrued insurance	43,387	38,742
Deferred revenue	13,129	12,059
Other current liabilities	22,049	21,584
Total current liabilities	254,936	218,447
Long-term debt	566,400	137,682
Long-term finance leases and financing obligations	298,373	238,089
Long-term operating lease liabilities	170,954
Accrued rent expense		4,053
Other long-term liabilities	12,873	12,724
Long-term deferred income tax liabilities	10,069
Long-term income taxes payable	1,412	1,783
Total liabilities	1,315,017	612,778
Commitments and contingencies – Note 14
Shareholders' equity:
Class C Convertible Preferred Stock, $1.50 par value, $0.064 conversion value, 150,000 shares authorized; 21,802 shares issued and outstanding	33	33
Common Stock, $.01 par value, 65,000,000 shares authorized; 39,644,228 and 39,510,932 shares issued at March 28, 2020 and March 30, 2019, respectively	396	395
Treasury Stock, 6,359,871 shares at March 28, 2020 and March 30, 2019, at cost	(108,729)	(108,729)
Additional paid-in capital	229,774	220,173
Accumulated other comprehensive loss	(6,889)	(4,536)
Retained earnings	619,855	592,174
Total shareholders' equity	734,440	699,510
Total liabilities and shareholders' equity	$ 2,049,457	$ 1,312,288

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 28, 2020	Mar. 30, 2019
Consolidated Balance Sheets [Abstract]
Class C convertible preferred stock par value	$ 1.50	$ 1.50
Class C convertible preferred stock, conversion value	$ 0.064	$ 0.064
Class C convertible preferred stock shares authorized	150,000	150,000
Class C convertible preferred stock shares issued	21,802	21,802
Class C convertible preferred stock shares outstanding	21,802	21,802
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	65,000,000	65,000,000
Common stock shares issued	39,644,228	39,510,932
Treasury stock shares	6,359,871	6,359,871

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Consolidated Statements Of Comprehensive Income [Abstract]
Sales	$ 1,256,524	$ 1,200,230	$ 1,127,815
Cost of sales, including distribution and occupancy costs	779,866	735,002	692,241
Gross profit	476,658	465,228	435,574
Operating, selling, general and administrative expenses	374,956	338,485	308,278
Operating income	101,702	126,743	127,296
Interest expense, net of interest income	28,213	27,013	24,296
Other income, net	(785)	(630)	(454)
Income before income taxes	74,274	100,360	103,454
Provision for income taxes	16,250	20,608	39,519
Net income	58,024	79,752	63,935
Other comprehensive loss:
Changes in pension, net of tax benefit of ($764), ($94) and ($168), respectively	(2,353)	(288)	(390)
Other comprehensive loss	(2,353)	(288)	(390)
Comprehensive income	$ 55,671	$ 79,464	$ 63,545
Earnings per share:
Basic	$ 1.73	$ 2.41	$ 1.94
Diluted	$ 1.71	$ 2.37	$ 1.92
Weighted average number of common shares outstanding used in computing earnings per share:
Basic	33,246	32,980	32,767
Diluted	33,953	33,675	33,341

Consolidated Statements Of Co_2

Consolidated Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Consolidated Statements Of Comprehensive Income [Abstract]
Tax provision (benefit) related to changes in pension	$ (764)	$ (94)	$ (168)

Consolidated Statements Of Chan

Consolidated Statements Of Changes in Shareholders' Equity - USD ($) $ in Thousands		Class C Convertible Preferred Stock [Member]	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]	Total
Balance beginning at Mar. 25, 2017		$ 33	$ 390	$ (106,212)	$ 191,553	$ (3,161)	$ 498,651	$ 581,254
Beginning balance, preferred shares at Mar. 25, 2017		22,000
Beginning balance, common shares at Mar. 25, 2017			39,012,000	6,322,000
Net income							63,935	63,935
Other comprehensive loss:
Pension liability adjustment						(390)		(390)
Dividends:
Preferred	[1]						(368)	(368)
Common	[1]						(23,601)	(23,601)
Reclassification of tax effects to retained earnings						(697)	697
Dividend payable							(28)	(28)
Activity related to equity-based plans	[2]		$ 2	$ (351)	5,165			4,816
Activity related to equity-based plans, shares	[2]		154,000	8,000
Stock-based compensation					2,858			2,858
Balance ending at Mar. 31, 2018		$ 33	$ 392	$ (106,563)	199,576	(4,248)	539,286	628,476
Ending balance, preferred shares at Mar. 31, 2018		22,000
Ending balance, common shares at Mar. 31, 2018			39,166,000	6,330,000
Net income							79,752	79,752
Other comprehensive loss:
Pension liability adjustment						(288)		(288)
Dividends:
Preferred	[1]						(408)	(408)
Common	[1]						(26,406)	(26,406)
Dividend payable							50	50
Activity related to equity-based plans	[2]		$ 3	$ (2,166)	16,575			14,412
Activity related to equity-based plans, shares	[2]		345,000	30,000
Stock-based compensation					4,022			4,022
Balance ending at Mar. 30, 2019		$ 33	$ 395	$ (108,729)	220,173	(4,536)	592,174	$ 699,510
Ending balance, preferred shares at Mar. 30, 2019		22,000						21,802
Ending balance, common shares at Mar. 30, 2019			39,511,000	6,360,000
Accounting change - cumulative effect at Mar. 30, 2019							(582)	$ (582)
Adjusted balance at Mar. 30, 2019							591,592	698,928
Net income							58,024	58,024
Other comprehensive loss:
Pension liability adjustment						(2,353)		(2,353)
Dividends:
Preferred	[1]						(449)	(449)
Common	[1]						(29,266)	(29,266)
Dividend payable							(46)	(46)
Activity related to equity-based plans	[2]		$ 1		5,788			5,789
Activity related to equity-based plans, shares	[2]		134,000
Stock-based compensation					3,813			3,813
Balance ending at Mar. 28, 2020		$ 33	$ 396	$ (108,729)	$ 229,774	$ (6,889)	$ 619,855	$ 734,440
Ending balance, preferred shares at Mar. 28, 2020		22,000						21,802
Ending balance, common shares at Mar. 28, 2020			39,645,000	6,360,000
[1]	Dividends paid per share or share equivalent were $ 0.88 , $ 0.80 and $ 0.72 , respectively, for the years ended March 28, 2020, March 30, 2019 and March 31, 2018.
[2]	Includes the receipt of treasury stock in connection with the exercise of stock options and to partially satisfy tax withholding obligations.

Consolidated Statements Of Ch_2

Consolidated Statements Of Changes in Shareholders' Equity (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Consolidated Statements Of Changes In Shareholders' Equity [Abstract]
Common stock cash dividends per share	$ 0.88	$ 0.80	$ 0.72
Pension liability adjustment - pre-tax	$ (3,117)	$ (382)	$ (558)

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($)	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Cash flows from operating activities:
Net income	$ 58,024,000	$ 79,752,000	$ 63,935,000
Adjustments to reconcile net income to net cash provided by operating activities -
Depreciation and amortization	64,986,000	55,531,000	49,335,000
Stock-based compensation expense	3,813,000	4,022,000	2,858,000
Impairment of long-lived assets	6,579,000	0	0
Net change in deferred income taxes	11,473,000	12,517,000	15,485,000
Gain on bargain purchase			(13,000)
(Gain) loss on disposal of assets	(257,000)	56,000	(1,198,000)
Change in operating assets and liabilities (excluding acquisitions)
Trade receivables	107,000	(1,361,000)	(88,000)
Inventories	(11,841,000)	(9,126,000)	(8,399,000)
Other current assets	5,379,000	(514,000)	(4,076,000)
Other non-current assets	24,968,000	(427,000)	1,863,000
Trade payables	(4,090,000)	19,037,000	5,151,000
Accrued expenses	(3,871,000)	(3,019,000)	(1,582,000)
Federal and state income taxes receivable	(2,470,000)	(1,401,000)	(658,000)
Other long-term liabilities	(31,100,000)	(1,967,000)	(930,000)
Long-term income taxes payable	(371,000)	(209,000)	(448,000)
Total adjustments	63,305,000	73,139,000	57,300,000
Net cash provided by operating activities	121,329,000	152,891,000	121,235,000
Cash flows from investing activities:
Capital expenditures	(55,918,000)	(44,468,000)	(39,122,000)
Acquisitions, net of cash acquired	(104,436,000)	(62,427,000)	(23,439,000)
Proceeds from the disposal of assets	967,000	723,000	4,071,000
Other	576,000	289,000
Net cash used for investing activities	(158,811,000)	(105,883,000)	(58,490,000)
Cash flows from financing activities:
Proceeds from borrowings	814,181,000	433,460,000	344,843,000
Principal payments on long-term debt, capital leases and financing obligations	(412,725,000)	(463,989,000)	(395,521,000)
Exercise of stock options	6,171,000	14,640,000	4,816,000
Dividends paid	(29,715,000)	(26,814,000)	(23,969,000)
Deferred financing costs	(1,168,000)
Net cash provided by (used for) financing activities	376,744,000	(42,703,000)	(69,831,000)
Increase (decrease) in cash	339,262,000	4,305,000	(7,086,000)
Cash at beginning of year	6,214,000	1,909,000	8,995,000
Cash at end of year	345,476,000	6,214,000	1,909,000
Supplemental information:
Interest paid, net	27,250,000	25,422,000	22,808,000
Income taxes	12,745,000	9,680,000	25,214,000
Leased assets obtained in exchange for new finance lease liabilities	64,393,000	$ 14,632,000	$ 19,175,000
Leased assets obtained in exchange for new operating lease liabilities	$ 6,980,000

Description Of Business, Basis

Description Of Business, Basis Of Presentation And Summary Of Significant Accounting Policies	12 Months Ended
	Mar. 28, 2020
Description Of Business, Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]
Description Of Business, Basis Of Presentation And Summary Of Significant Accounting Policies	NOTE 1 – DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of business Monro, Inc. and its wholly owned operating subsidiaries, Monro Service Corporation, Car-X, LLC, MNRO Holdings, LLC and MNRO Service Holdings, LLC (together, “Monro”, the “Company”, “we”, “us”, or “our”), are engaged principally in providing automotive undercar repair and tire sales and services in the United States. Monro had 1,283 Company-operated stores, 98 franchised locations, eight wholesale locations, three retread facilities and two dealer-operated automotive repair centers located in 32 states as of March 28, 2020. Monro’s operations are organized and managed in one operating segment . The internal management financial reporting that is the basis for evaluation in order to assess performance and allocate resources by our chief operating decision maker consists of consolidated data that includes the results of our retail, commercial and wholesale locations. As such, our one operating segment reflects how our operations are managed, how resources are allocated, how operating performance is evaluated by senior management and the structure of our internal financial reporting. Basis of presentation Principles of consolidation The Consolidated Financial Statements include Monro, Inc. and its wholly owned operating subsidiaries, Monro Service Corporation, Car-X, LLC, MNRO Holdings, LLC and MNRO Service Holdings, LLC after the elimination of intercompany transactions and balances. Management’s use of estimates The Consolidated Financial Statements have been prepared in accordance with generally accepted accounting principles. The preparation of financial statements in conformity with such principles requires the use of estimates by management during the reporting period. Actual results could differ from those estimates. Fiscal year Monro reports its results on a 52/53 week fiscal year ending on the last Saturday of March of each year. The following are the dates represented by each fiscal period: “Year ended Fiscal March 2020”: March 31, 2019 – March 28, 2020 (52 weeks) “Year ended Fiscal March 2019”: April 1, 2018 – March 30, 2019 (52 weeks) “Year ended Fiscal March 2018”: March 26, 2017 – March 31, 2018 (53 weeks) Reclassifications Certain amounts in these financial statements and notes thereto have been reclassified to maintain comparability among the periods presented. Recent accounting pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued new accounting guidance related to leases. This guidance establishes a right of use (“ROU”) model that requires a lessee to record a ROU asset and lease liability on the balance sheet for all leases with terms longer than twelve months. Leases are classified as either finance or operating, with classification affecting the pattern of expense recognition. The guidance is effective for financial statements issued for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years. We adopted this standard as of March 31, 2019 using the modified retrospective approach and elected the optional transition relief amendment that allows for a cumulative-effect adjustment in the period of adoption and did not restate prior periods. In addition, we elected the package of practical expedients permitted under the transition guidance, which among other things, allowed us to carry forward the historical lease classification and provided relief from reviewing existing contracts to determine if they contain leases. We did not elect to use hindsight in determining the lease term. The adoption of this guidance resulted in a $ 165.3 million increase to total assets and a $ 165.9 million increase to total liabilities as of March 31, 2019. The Company recognized $ 186.9 million of operating lease ROU assets, $ 174.4 million of operating lease obligations, and a $ 0.7 million finance lease asset and liability related to embedded leases. The difference between the operating lease ROU assets and operating lease liabilities primarily represents the existing favorable lease intangibles of $ 19.6 million and unfavorable lease intangibles and deferred rent accruals of $ 7.2 million resulting from historical operating lease accounting. These were reclassified as operating ROU assets upon adoption. In addition, we recognized $ 8.4 million and $ 16.6 million of finance lease assets and liabilities, respectively, and removed $ 11.1 million and $ 18.6 million of assets and liabilities related to financial obligations connected with the construction of leased stores that are no longer considered a failed sale leaseback. As a result of using the modified retrospective approach, the adoption resulted in a cumulative-effect adjustment to retained earnings, net of tax, of approximately $ 0.6 million. The adoption of this guidance did not have a material impact to our Consolidated Statements of Comprehensive Income or Consolidated Statements of Cash Flows. At adoption, we reclassified prior year capital lease and financing obligation assets from the Net property, plant and equipment line to the Finance lease and financing obligation assets, net line of our Consolidated Balance Sheet. See Note 12 for additional lease disclosures. In June 2018, the FASB issued new accounting guidance that amends the accounting for nonemployee share-based awards. Under the new guidance, the existing guidance related to the accounting for employee share-based awards will apply to nonemployee share-based transactions, with certain exceptions. This guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2018. Early adoption was permitted. We adopted this guidance during the first quarter of fiscal 2020. The adoption of this guidance did not have a material impact on our Consolidated Financial Statements. In August 2018, the FASB issued new accounting guidance which eliminates, adds and modifies certain disclosure requirements for fair value measurements. This guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2019. Early adoption is permitted. The adoption of this guidance is not expected to have a material impact on our Consolidated Financial Statements. In December 2019, the FASB issued new accounting guidance intended to simplify the accounting for income taxes. The new guidance removes certain exceptions to the general principles in Accounting Standards Codification Topic 740 Income Taxes and amends existing guidance to improve consistent application. This guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2020. Early adoption is permitted. We are currently evaluating the potential impact of the adoption of this guidance on our 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 (“SEC”) did not, or are not expected to have a material effect on Monro’s Consolidated Financial Statements. Summary of significant accounting policies Cash equivalents We consider all highly liquid instruments with original maturities of three months or less to be cash equivalents. Inventories Our inventories consist of automotive parts (including oil) and tires. Inventories are valued at the lower of weighted average cost or net realizable value. Barter credits We value barter credits at the fair market value of the credits received. We use these credits primarily to pay vendors for purchases (mainly inventory vendors for the purchase of parts, oil and tires) or to purchase other goods or services from the barter company such as advertising. We received barter credits from the sales of slower moving inventory of approximately $ 7.7 million and $ 5.4 million for fiscal 2020 and fiscal 2019, respectively. Property, plant and equipment Property, plant and equipment are stated at cost. Depreciation of property, plant and equipment is provided on a straight-line basis. Buildings and improvements related to owned locations are depreciated over lives varying from 10 to 39 years; machinery, fixtures and equipment over lives varying from 3 to 15 years; and vehicles over lives varying from 5 to 10 years. Computer hardware and software is depreciated over lives varying from 3 to 7 years. When property is sold or retired, the cost and accumulated depreciation are eliminated from the accounts and a gain or loss is recorded in the Consolidated Statements of Comprehensive Income. Expenditures for maintenance and repairs are expensed as incurred. Long-lived assets impairment We evaluate the ability to recover long-lived assets, including property, plant and equipment and ROU assets, whenever events or circumstances indicate that the carrying value of the asset may not be recoverable. In addition, we report assets to be disposed at the lower of the carrying amount and the fair market value less costs to sell. Long-lived assets are grouped and evaluated for impairment at the lowest level for which there are identifiable cash flows that are independent of the cash flows of other groups of assets. If it is determined that the carrying amounts of such long-lived assets are not recoverable, the assets are written down to their estimated fair values. Fair value of the assets is determined based on the highest and best use of the asset group and considers future store cash flows as well as potential sublease income based on comparable market rents. During the fourth quarter of fiscal 2020, we evaluated certain stores having indicators of impairment based on operating performance and taking into consideration the negative impact of the novel coronavirus strain (“COVID-19”) pandemic on forecasted store performance. Additionally, we currently expect to close 36 stores during fiscal 2021. Based on the estimate of future recoverable cash flows, we recorded an impairment charge totaling $ 6.6 million of which $ 4.3 million was related to the stores to be closed in fiscal 2021. As part of the impairment charge, we wrote off $ 4.4 million of operating lease ROU assets, $ 0.6 million of finance lease ROU assets and $ 1.6 million of leasehold improvements and equipment. No impairment charges were recorded during fiscal 2019 or fiscal 2018. Store opening and closing costs New store opening costs are charged to expense in the fiscal year when incurred. When we close a store, the estimated unrecoverable costs are charged to expense. Leases We determine if an arrangement is or contains a lease at inception. We record ROU assets and lease obligations for our finance and operating leases, which are initially based on the discounted future minimum lease payments over the term of the lease. As the rate implicit in our leases is not easily determinable, our applicable incremental borrowing rate is used in calculating the present value of the lease payments. We estimate our incremental borrowing rate considering the market rates of our outstanding collateralized borrowings and comparisons to comparable borrowings of similar terms. Lease term is defined as the non-cancelable period of the lease plus any options to extend the lease when it is reasonably certain that it will be exercised. For leases with an initial term of 12 months or less, no ROU assets or lease obligations are recorded on the balance sheet and we recognize short-term lease expense for these leases on a straight-line basis over the lease term. Certain of our lease agreements include rental payments based on a percentage of retail sales over specified levels and others include rental payments adjusted periodically for inflation. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. For the majority of all classes of underlying assets, we have elected to separate lease from non-lease components. We have elected to combine lease and non-lease components for certain classes of equipment. We sublease excess space to third parties. Operating lease expense is recognized on a straight-line basis over the lease term and is included in cost of sales or general and administrative expense. Amortization expense for finance leases is recognized on a straight-line basis over the lease term and is included in cost of sales or general and administrative expense. Interest expense for finance leases is recognized using the effective interest method. Variable payments, short-term rentals and payments associated with non-lease components are expensed as incurred. Goodwill and intangible assets We have a history of growth through acquisitions. Assets and liabilities of acquired businesses are recorded at their estimated fair values as of the date of acquisition. Goodwill represents costs in excess of fair values assigned to the underlying net assets of acquired businesses. The carrying value of goodwill is subject to an annual impairment test, which we perform in the third quarter of the fiscal year. Impairment tests may also be triggered by any significant events or changes in circumstances affecting our business. We have one reporting unit which encompasses all operations including new acquisitions. In performing our annual goodwill impairment test, we perform a qualitative assessment to determine if it is more likely than not that the fair value is less than the carrying value of goodwill. The qualitative assessment includes a review of business changes, economic outlook, financial trends and forecasts, growth rates, industry data, market capitalization and other relevant qualitative factors. If the qualitative factors indicate a potential impairment, we compare the fair value of our reporting unit to the carrying value of our reporting unit. If the fair value is less than its carrying value, an impairment charge is recognized in an amount equal to that excess. The loss recognized cannot exceed the carrying amount of goodwill. As a result of our annual qualitative assessment performed in the third quarter of fiscal 2020, we determined that it is not more-likely-than-not that the fair value is less than the carrying value. The recent developments associated with the COVID-19 pandemic resulted in uncertainty in the global economy, and declines in equity markets, including in our share price as of fiscal year end. We considered our current business performance expectations, as well as our share price as of fiscal year end in relation to the share price when the annual qualitative assessment was performed in the third quarter of fiscal 2020. Based on our analysis, we concluded that the current events and circumstances related to the COVID-19 pandemic do not indicate an impairment of goodwill is more likely than not as of March 28, 2020. Intangible assets primarily represent allocations of purchase price to identifiable intangible assets of acquired businesses and are amortized over their estimated useful lives. All intangible assets are reviewed when events or changes in circumstances indicate that the asset’s carrying value may not be recoverable. If such indicators are present, it is determined whether the sum of the estimated undiscounted future cash flows attributable to such assets is less than their carrying values. Based on our review as of March 28, 2020, we concluded that the current events and circumstances related to the COVID-19 pandemic did not indicate that the carrying values of our intangibles were not recoverable. No impairment was recorded in fiscal 2020, 2019 or 2018. A deterioration of macroeconomic conditions may not only negatively impact the estimated operating cash flows used in our cash flow models, but may also negatively impact other assumptions used in our analyses, including, but not limited to, the estimated cost of capital and/or discount rates. Additionally, we are required to ensure that assumptions used to determine fair value in our analyses are consistent with the assumptions a hypothetical marketplace participant would use. As a result, the cost of capital and/or discount rates used in our analyses may increase or decrease based on market conditions and trends, regardless of whether our actual cost of capital has changed. Therefore, we may recognize an impairment of an intangible asset or assets even though realized actual cash flows are approximately equal to or greater than our previously forecasted amounts. Self-insurance reserves We are largely self-insured with respect to workers’ compensation, general liability and employee medical claims. In order to reduce our risk and better manage our overall loss exposure, we purchase stop-loss insurance that covers individual claims in excess of the deductible amounts, and caps total losses in a fiscal year. We maintain an accrual for the estimated cost to settle open claims as well as an estimate of the cost of claims that have been incurred but not reported. These estimates take into consideration the historical average claim volume, the average cost for settled claims, current trends in claim costs, changes in our business and workforce, and general economic factors. These accruals are reviewed on a quarterly basis, or more frequently if factors dictate a more frequent review is warranted. For more complex reserve calculations, such as workers’ compensation, we periodically use the services of an actuary to assist in determining the required reserve for open claims. Warranty We provide an accrual for estimated future warranty costs for parts that we install based upon the historical relationship of warranty costs to sales. Warranty expense related to all product warranties at and for the fiscal years ended March 2020, 2019 and 2018 was not material to our financial position or results of operations. See additional discussion of tire road hazard warranty agreements under Note 7. Comprehensive income As it relates to Monro, comprehensive income is defined as net earnings as adjusted for pension liability adjustments and is reported net of related taxes in the Consolidated Statements of Comprehensive Income and in the Consolidated Statements of Changes in Shareholders’ Equity. Income taxes Deferred tax assets and liabilities are determined based upon the expected future tax outcome of differences between the tax laws and accounting rules of various items of income and expense recognized in our results of operations using enacted tax rates in effect for the year in which the future tax outcome is expected. The accounting guidance for uncertainties in income tax prescribes a comprehensive model for the financial statement recognition, measurement, presentation, and disclosure of uncertain tax positions taken or expected to be taken in income tax returns. Monro recognizes a tax benefit from an uncertain tax position in the financial statements only when it is more likely than not that the position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits and a consideration of the relevant taxing authority's administrative practices and precedents. Treasury stock Treasury stock is accounted for using the par value method. Stock-based compensation We provide stock-based compensation through non-qualified stock options, restricted stock awards and restricted stock units. We measure compensation cost arising from the grant of share-based payments to an employee at fair value, and recognize such cost in income over the period during which the employee is required to provide service in exchange for the award, usually the vesting period. The fair value of each option award is estimated on the date of grant primarily using the Black-Scholes option valuation model. The assumptions used to estimate fair value require significant judgment and are subject to change in the future due to factors such as employee exercise behavior, stock price trends, and changes to type or provisions of stock-based awards. Any material change in one or more of these assumptions could have an impact on the estimated fair value of a future award. The fair value of restricted stock awards and restricted stock units (collectively “restricted stock”) is determined based on the stock price at the date of grant. We are required to estimate forfeitures and only record compensation costs for those awards that are expected to vest. The assumptions for forfeitures were determined based on type of award and historical experience. Forfeiture assumptions are adjusted at the point in time a significant change is identified, with any adjustment recorded in the period of change, and the final adjustment at the end of the requisite service period to equal actual forfeitures. We recognize compensation expense related to stock options and restricted stock using the straight-line approach. Option awards and restricted stock generally vest equally over the service period established in the award, typically three or four years . In fiscal 2020 and fiscal 2019, the Company issued a limited number of restricted stock units to members of senior management which may vest upon the achievement of a three-year average return on invested capital target. Earnings per common share Basic earnings per common share amounts are calculated by dividing income available to common shareholders, after deducting preferred stock dividends, by the weighted average number of shares of common stock outstanding. Diluted earnings per common share amounts are calculated by dividing net income by the weighted average number of shares of common stock and common stock equivalents outstanding. Common stock equivalents represent shares issuable upon the assumed exercise of common stock options outstanding. Advertising We expense the production costs of advertising the first time the advertising takes place, except for direct response advertising which is capitalized and amortized over its expected period of future benefits. Direct response advertising consists primarily of coupons for Monro’s services. The capitalized costs of this advertising are amortized over the period of the coupon’s validity, which is typically two months . Prepaid advertising at March 28, 2020 and March 30, 2019, and advertising expense for the fiscal years ended March 2020, 2019 and 2018, were not material to these financial statements. Vendor rebates We account for vendor rebates as a reduction of the cost of products purchased.

Acquisitions

Acquisitions	12 Months Ended
	Mar. 28, 2020
Acquisitions [Abstract]
Acquisitions	NOTE 2 – ACQUISITIONS Monro’s acquisitions are strategic moves in our plan to fill in and expand our presence in our existing and contiguous markets, expand into new markets and leverage fixed operating costs such as distribution, advertising and administration. Acquisitions in this footnote include acquisitions of five or more locations as well as acquisitions of one to four locations that are part of our greenfield store growth strategy. Fiscal 2020 During fiscal 2020, we acquired the following businesses for an aggregate purchase price of $ 103.6 million. The acquisitions were financed through our existing credit facility. The results of operations for these acquisitions are included in our financial results from the respective acquisition dates.  On November 17, 2019 , we acquired 18 retail tire and automotive repair stores located in Nevada and Idaho from Nevada Tire Holdings, LLC and Idaho Tire Holdings, LLC. ( One retail tire and automotive repair store is expected to open in fiscal 2021.) These stores will operate under the Tire Choice name.  On October 27, 2019 , we acquired six retail tire and automotive repair stores located in California from S & S Unlimited, Inc. These stores will operate under the Tire Choice name.  On October 27, 2019 , we acquired three retail tire and automotive repair stores located in California from Lloyd’s Tire Service, Inc. These stores will operate under the Tire Choice name.  On August 25, 2019 , we acquired one retail tire and automotive repair store located in Louisiana from Atlas Tire Center, Inc. This store operates under the Tire Choice name.  On August 25, 2019 , we acquired two retail tire and automotive repair stores located in Louisiana from LRZ3 Auto, LLC. These stores operate under the Tire Choice name.  On August 25, 2019 , we acquired one retail tire and automotive repair store located in Louisiana from T-Boy's Tire and Automotive, LLC. This store operates under the Tire Choice name.  On August 25, 2019 , we acquired two retail tire and automotive repair stores located in Louisiana from Twin Tire & Auto Care, Inc. These stores operate under the Tire Choice name.  On August 25, 2019 , we acquired one retail tire and automotive repair store located in Louisiana from Twin Tire & Auto Care Team, Inc. This store operates under the Tire Choice name.  On August 25, 2019 , we acquired one retail tire and automotive repair store located in Louisiana from Scotty's Tire & Automotive, Inc. This store operates under the Tire Choice name.  On June 23, 2019 , we acquired two retail tire and automotive repair stores located in California from BAW LLC. These stores operate under the Tire Choice name.  On May 19, 2019 , we acquired 40 retail tire and automotive repair stores and one distribution center located in California from Certified Tire & Service Centers, Inc. These stores operate under the Tire Choice name.  On March 31, 2019 , we acquired 12 retail tire and automotive repair stores located in Louisiana from Allied Discount Tire & Brake, Inc. These stores operate under the Tire Choice name. These acquisitions resulted in goodwill related to, among other things, growth opportunities, synergies and economies of scale expected from combining these businesses with ours, as well as 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 lists. We have recorded acquired ROU assets at the present value of remaining lease payments adjusted to reflect favorable or unfavorable market terms of the lease. We expensed all costs related to acquisitions during fiscal 2020. The total costs related to completed acquisitions were $ 1.4 million for the year ended March 28, 2020. These costs are included in the Consolidated Statements of Comprehensive Income primarily under operating, selling, general and administrative expenses. Sales and net loss for the fiscal 2020 acquired locations totaled $ 59.3 million and ($ 3.9 ) million, respectively, for the period from acquisition date through March 28, 2020. The net loss of ($ 3.9 ) million includes an allocation of certain traditional corporate related items, including vendor rebates, interest expense and the benefit from income taxes. 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. The preliminary fair values of identifiable assets acquired and liabilities assumed were based on preliminary valuations and estimates. The consideration transferred and net liabilities assumed were recorded as goodwill. The preliminary allocation of the aggregate purchase price as of March 28, 2020 was as follows: As of Acquisition Date (Dollars in thousands) Inventories $ 4,469 Other current assets 706 Property, plant and equipment 2,367 Finance lease and financing obligation assets, net 29,147 Operating lease assets, net 42,680 Intangible assets 2,847 Other non-current assets 305 Long-term deferred income tax assets 4,875 Total assets acquired 87,396 Current portion of long-term debt, finance leases and financing obligations 2,672 Current portion of operating lease liabilities 4,416 Deferred revenue 1,618 Other current liabilities 358 Long-term finance leases and financing obligations 36,225 Long-term operating lease liabilities 43,668 Other long-term liabilities 1,747 Total liabilities assumed 90,704 Total net identifiable liabilities assumed $ ( 3,308 ) Total consideration transferred $ 103,622 Less: total net identifiable liabilities assumed ( 3,308 ) Goodwill $ 106,930 The following are the intangible assets acquired and their respective fair values and weighted average useful life: As of Acquisition Date Weighted Dollars Average in thousands Useful Life Customer lists $ 2,847 7 years We continue to refine the valuations and estimates related to inventory, warranty reserves, intangible assets, real property leases and certain liabilities for the fiscal 2020 acquisitions and expect to complete the valuations no later than the first anniversary date of the respective acquisition. We anticipate that adjustments will be made to the fair values of identifiable assets acquired and liabilities assumed during the measurement period and those adjustments may or may not be material. Fiscal 2019 During fiscal 2019, we acquired the following businesses for an aggregate purchase price of $ 61.7 million. The acquisitions were financed through our existing credit facility. The results of operations for these acquisitions are included in our financial results from the respective acquisition dates.  On January 13, 2019 , we acquired 13 retail tire and automotive repair stores located in Florida from R.A. Johnson, Inc. These stores operate under the Tire Choice name.  On December 9, 2018 , we acquired two retail tire and automotive repair stores located in Virginia from Colony Tire Corporation. These stores operate under the Mr. Tire name.  On November 4, 2018 , we acquired five retail tire and automotive repair stores located in Ohio from Jeff Pohlman Tire & Auto Service, Inc. These stores operate under the Car-X and Mr. Tire names.  On October 14, 2018 , we acquired one retail tire and automotive repair store located in Illinois from Quality Tire and Auto, Inc. This store operates under the Car-X name.  On September 23, 2018 , we acquired one retail tire and automotive repair store located in South Carolina from Walton’s Automotive, LLC. This store operates under the Treadquarters name.  On September 16, 2018 , we acquired one retail tire and automotive repair store located in Illinois from C&R Auto Service, Inc. This store operates under the Car-X name.  On September 9, 2018 , we acquired four retail tire and automotive repair stores in Arkansas and Tennessee from Steele-Guiltner, Inc. These stores operate under the Car-X name.  On July 15, 2018 , we acquired one retail tire and automotive repair store located in Pennsylvania from Mayfair Tire & Service Center, Inc. This store operates under the Mr. Tire name.  On July 8, 2018 , we acquired eight retail tire and automotive repair stores in Missouri from Sawyer Tire, Inc. These stores operate under the Car-X name.  On May 13, 2018 , we acquired 12 retail/commercial tire and automotive repair stores and one retread facility located in Tennessee, as well as four wholesale locations in North Carolina, Tennessee and Virginia, from Free Service Tire Company, Incorporated. These locations operate under the FreeService Tire name.  On April 1, 2018 , we acquired four retail tire and automotive repair stores located in Minnesota from Liberty Auto Group, Inc. These stores operate under the Car-X name. These acquisitions resulted in goodwill related to, among other things, growth opportunities, synergies and economies of scale expected from combining these businesses with ours, as well as 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 lists, favorable leases and a trade name. We expensed all costs related to acquisitions during fiscal 2019. The total costs related to completed acquisitions were $ 0.6 million for the year ended March 30, 2019. These costs are included in the Consolidated Statements of Comprehensive Income primarily under operating, selling, general and administrative expenses. Sales and net loss for the fiscal 2019 acquired locations totaled $ 49.1 million and ($ 0.5 ) million, respectively, for the period from acquisition date through March 30, 2019. The net loss of ($ 0.5 ) million includes an allocation of certain traditional corporate related items, including vendor rebates, interest expense and the benefit from income taxes. 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 finalized the purchase accounting relative to the fiscal 2019 acquisitions during fiscal 2020. 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 recorded in fiscal 2020 include a decrease in inventories of $ 0.3 million; an increase in property, plant and equipment of $ 0.1 million; a decrease in finance lease and financing obligation assets, net of $ 0.8 million; a decrease in intangible assets of $ 0.3 million; a decrease in long-term deferred income tax assets of $ 0.3 million; an increase in current portion of long-term debt, finance leases and financing obligations of $ 0.2 million and a decrease in long-term finance leases and financing obligations of $ 2.4 million. The measurement period adjustments resulted in a decrease of goodwill of $ 0.6 million. These adjustments were not material to the Consolidated Statement of Comprehensive Income for the fiscal years ended March 28, 2020 and March 30, 2019. We have recorded the identifiable assets acquired and liabilities assumed at their values as of their respective acquisition dates (including any measurement period adjustments), with the remainder recorded as goodwill as follows: As of Acquisition Date (Dollars in thousands) Trade receivables $ 1,674 Inventories 8,968 Other current assets 316 Property, plant and equipment 8,583 Finance lease and financing obligation assets, net 7,546 Intangible assets 9,615 Other non-current assets 21 Long-term deferred income tax assets 2,719 Total assets acquired 39,442 Current portion of long-term debt, finance leases and financing obligations 1,651 Deferred revenue 445 Other current liabilities 540 Long-term finance leases and financing obligations 16,048 Other long-term liabilities 637 Total liabilities assumed 19,321 Total net identifiable assets acquired $ 20,121 Total consideration transferred $ 61,654 Less: total net identifiable assets acquired 20,121 Goodwill $ 41,533 The following are the intangible assets acquired and their respective fair values and weighted average useful lives: As of Acquisition Date Weighted Dollars Average in thousands Useful Life Customer lists $ 6,042 13 years Favorable leases 3,173 10 years Trade name 400 2 years Total $ 9,615 11 years

Other Current Assets

Other Current Assets	12 Months Ended
	Mar. 28, 2020
Other Current Assets [Abstract]
Other Current Assets	NOTE 3 – OTHER CURRENT ASSETS The composition of other current assets is as follows: Year Ended Fiscal March 2020 2019 (Dollars in thousands) Vendor rebates receivable $ 16,232 $ 14,169 Other 24,305 28,283 Other current assets $ 40,537 $ 42,452

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Mar. 28, 2020
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	NOTE 4 – PROPERTY, PLANT AND EQUIPMENT The major classifications of property, plant and equipment are as follows: Year Ended Fiscal March 2020 2019 (Dollars in thousands) Land $ 84,765 $ 85,623 Buildings and improvements 272,724 251,431 Equipment, signage and fixtures 278,324 256,411 Vehicles 38,356 36,393 Construction-in-progress 8,763 10,563 Property, plant and equipment 682,932 640,421 Less - Accumulated depreciation 354,295 327,869 Property, plant and equipment, net $ 328,637 $ 312,552 Depreciation expense totaled $ 39.2 million, $ 35.5 million and $ 32.3 million for the fiscal years ended March 2020, 2019 and 2018, respectively.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Mar. 28, 2020
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets	NOTE 5 – GOODWILL AND INTANGIBLE ASSETS A summary of the changes in goodwill during fiscal 2020 and 2019 is as follows: Dollars in thousands Balance at March 31, 2018 $ 522,892 Fiscal 2019 acquisitions 42,124 Adjustments to fiscal 2018 purchase accounting 487 Balance at March 30, 2019 565,503 Fiscal 2020 acquisitions 106,930 Adjustments to fiscal 2019 purchase accounting ( 590 ) Balance at March 28, 2020 $ 671,843 The composition of other intangible assets is as follows: Year Ended Fiscal March 2020 2019 Gross Gross Carrying Accumulated Carrying Accumulated Amount Amortization Amount Amortization (Dollars in thousands) Customer lists $ 42,511 $ 26,333 $ 39,710 $ 23,258 Favorable leases — — 30,315 11,049 Trade names 21,252 12,072 21,252 10,851 Franchise agreements 7,220 2,805 7,220 2,259 Other intangible assets 590 582 590 563 Total intangible assets $ 71,573 $ 41,792 $ 99,087 $ 47,980 Monro’s intangible assets are being amortized over their estimated useful lives. The weighted average useful lives of Monro’s intangible assets are approximately 10 years for customer lists, 14 years for trade names, 13 years for franchise agreements and five years for other intangible assets. Amortization of intangible assets, excluding amortization of favorable leases included in rent expense, during fiscal 2020, 2019 and 2018 totaled $ 4.8 million, $ 5.3 million and $ 5.0 million, respectively. Estimated future amortization of intangible assets is as follows: Customer lists/ Trade names/ Franchise agreements/ Year Ending Fiscal March Other (Dollars in thousands) 2021 $ 4,101 2022 3,779 2023 3,523 2024 3,163 2025 2,806

Long-Term Debt

Long-Term Debt	12 Months Ended
	Mar. 28, 2020
Long-Term Debt [Abstract]
Long-Term Debt	NOTE 6 – LONG-TERM DEBT Long-term debt consists of the following: March 28, March 30, 2020 2019 (Dollars in thousands) Revolving Credit Facility, LIBOR-based (a) $ 566,400 $ 137,682 Note payable, non-interest bearing, due in equal installments through September 2019 40 Less – Current portion of long-term debt ( 40 ) Long-term debt $ 566,400 $ 137,682 _________________ (a) The London Interbank Offered Rate (“LIBOR”) at March 28, 2020 was . 99 %. In April 2019, we entered into a new five-year $ 600 million revolving credit facility agreement with eight banks (the “Credit Facility”) that will expire in April 2024. The Credit Facility amended and restated our previous revolving credit facility which would have expired in January 2021. Interest only is payable monthly throughout the Credit Facility’s term. The borrowing capacity for the Credit Facility of $ 600 million includes an accordion feature permitting us to request an increase in availability of up to an additional $ 250 million. The Credit Facility bears interest at 75 to 200 basis points over LIBOR (or replacement index) or at the prime rate, depending on the type of borrowing and the rates then in effect. The Credit Facility requires fees payable quarterly throughout the term between 0.125 % and 0.35 % of the amount of the average net availability under the Credit Facility during the preceding quarter. At March 28, 2020 and March 30, 2019, the interest rate spread paid by the Company was 100 basis points and 125 basis points over LIBOR, respectively. Within the Credit Facility, we have a sub-facility of $ 80 million available for the purpose of issuing standby letters of credit. The line requires fees aggregating 87.5 to 212.5 basis points annually of the face amount of each standby letter of credit, payable quarterly in arrears. There was a $ 33.6 million outstanding letter of credit at March 28, 2020. Mortgages and specific lease financing arrangements with other parties (with certain limitations) are permitted under the Credit Facility. Other specific terms and the maintenance of specified ratios are generally consistent with our prior financing agreement. Additionally, the Credit Facility is not secured by our real property, although we have agreed not to encumber our real property, with certain permissible exceptions. In response to the uncertain market conditions resulting from the COVID-19 pandemic, we drew down the remaining $ 350 million available to us under the Credit Facility in March 2020 in order to enhance our liquidity position. There was $ 566.4 million outstanding and no availability under the Credit Facility at March 28, 2020. We were in compliance with all debt covenants at March 28, 2020. On June 11, 2020, we entered into a First Amendment to the Credit Facility (the “First Amendment”), which, among other things, amends the terms of certain of the financial and restrictive covenants in the credit agreement to provide us with additional flexibility to operate our business through the first quarter of fiscal 2022. Except as amended by the First Amendment, the remaining terms of the credit agreement remain in full force and effect. Specifically, from June 11, 2020 to June 26, 2021, the First Amendment (1) eliminates the covenant for us to maintain an interest coverage ratio above 1.55 x; (2) requires us to maintain liquidity of $ 275 million as of the end of each fiscal month; and (3) adjusts the ratio of maximum adjusted debt to EBITDAR. The ratio of maximum adjusted debt to EBITDAR will vary by quarter as follows: (a) 5.50 x in the first quarter of fiscal 2021; (b) 6.00 x in the second quarter of fiscal 2021; (c) 6.25 x in the third quarter of fiscal 2021; (d) 5.50 x in the fourth quarter of fiscal 2021; (e) 5.00 x in the first quarter of fiscal 2022; and (f) thereafter, returning to 4.75 x. For the period from June 30, 2020 to June 30, 2021, we are permitted under the First Amendment to acquire stores or other businesses up to $ 100 million in the aggregate, as long as, on a pro forma basis after taking the acquisition into account, we would comply with the financial covenants and other restrictions in the First Amendment. In addition, from June 30, 2020 to June 30, 2021, we may declare, make or pay any dividend or distribution up to $ 38.5 million in the aggregate, if we are in compliance with the financial covenants and other restrictions in the First Amendment and Credit Facility. The First Amendment will permanently amend the interest rate charged on borrowings to be based on the greater of adjusted one-month LIBOR or 0.75 % and also added two levels of interest rate pricing applicable during the covenant relief period in the event the ratio of adjusted debt to EBITDAR is higher than 5.00 x. During the covenant relief period, the minimum interest rate spread charged on borrowings will be 225 basis points over LIBOR. Long-term debt had a carrying amount and a fair value of $ 566.4 million as of March 28, 2020, as compared to a carrying amount and a fair value of $ 137.7 million as of March 30, 2019. The carrying value of our debt approximated its fair value due to the variable interest nature of the debt.

Revenue

Revenue	12 Months Ended
	Mar. 28, 2020
Revenue [Abstract]
Revenue	NOTE 7 – REVENUE Automotive undercar repair, tire sales and tire services represent the vast majority of our revenues. We also earn revenue from the sale of tire road hazard warranty agreements as well as commissions earned from the delivery of tires on behalf of certain tire vendors. Revenue from automotive undercar repair, tire sales and tire services is recognized at the time the customers take possession of their vehicle or merchandise. For sales to certain customers that are financed through the offering of credit on account, payment terms are established for customers based on our pre-established credit requirements. Payment terms vary depending on the customer and generally range from 15 to 45 days. Based on the nature of receivables, no significant financing components exist. Sales are recorded net of discounts, sales incentives and rebates, sales taxes and estimated returns and allowances. We estimate the reduction to sales and cost of sales for returns based on current sales levels and our historical return experience. Such amounts are immaterial to our Consolidated Financial Statements. Revenue from the sale of tire road hazard warranty agreements (included in the Tires product group in the second table below) is initially deferred and is recognized over the contract period as costs are expected to be incurred in performing such services, typically 21 to 36 months. The amounts recorded for deferred revenue balances at March 28, 2020 and March 30, 2019 were $ 18.5 million and $ 17.2 million, respectively, of which $ 13.1 million and $ 12.1 million, respectively, are reported in Deferred revenue and $ 5.4 million and $ 5.1 million, respectively, are reported in Other long-term liabilities in our Consolidated Balance Sheets. A summary of the changes in deferred revenue related to road hazard warranty agreements during fiscal 2020 and 2019 is as follows: Dollars in thousands Balance at March 31, 2018 $ 17,182 Deferral of revenue 16,702 Deferral of revenue from acquisitions 753 Recognition of revenue ( 17,487 ) Balance at March 30, 2019 17,150 Deferral of revenue 17,466 Deferral of revenue from acquisitions 2,916 Recognition of revenue ( 19,026 ) Balance at March 28, 2020 $ 18,506 We expect to recognize $ 13.1 million of deferred revenue related to road hazard warranty agreements during our fiscal year ending March 27, 2021, and $ 5.4 million of such deferred revenue thereafter. Under various arrangements, we receive from certain tire vendors a delivery commission and reimbursement for the cost of the tire that we may deliver to customers on behalf of the tire vendor. The commission we earn from these transactions is as an agent and the net amount retained is recorded as sales. (Included in the Tires product group in the following table.) The following table summarizes disaggregated revenue by product group: Year Ended Fiscal March 2020 2019 2018 (Dollars in thousands) Revenues: Brakes $ 169,138 $ 162,709 $ 146,082 Exhaust 25,058 28,713 26,969 Steering 100,230 95,711 94,391 Tires 634,513 601,295 560,398 Maintenance 324,494 308,668 296,658 Other 3,091 3,134 3,317 Total $ 1,256,524 $ 1,200,230 $ 1,127,815

Income Taxes

Income Taxes	12 Months Ended
	Mar. 28, 2020
Income Taxes [Abstract]
Income Taxes	NOTE 8 – INCOME TAXES The components of the provision for income taxes are as follows: Year Ended Fiscal March 2020 2019 2018 (Dollars in thousands) Current - Federal $ 2,783 $ 5,682 $ 20,854 State 1,994 2,409 3,180 4,777 8,091 24,034 Deferred - Federal 11,397 11,563 15,153 State 76 954 332 11,473 12,517 15,485 (a) Total $ 16,250 $ 20,608 $ 39,519 _________________ (a) For fiscal 2018, includes $ 4.7 million related to the Tax Cuts and Jobs Act of 2017 (“Tax Act”). On December 22, 2017, the Tax Act was signed into law. The Tax Act made broad and complex changes to U.S. federal corporate income taxation. Additionally, in December 2017, the SEC issued guidance under Staff Accounting Bulletin No. 118, “Income Tax Accounting Implications of the Tax Cuts and Jobs Act,” allowing taxpayers to record provisional amounts for reasonable estimates when they did not have the necessary information available, prepared or analyzed in reasonable detail to complete their accounting for certain income tax effects of the Tax Act. In accordance with this guidance, we recorded a provisional net income tax expense of approximately $ 4.7 million for the year ended March 31, 2018. This amount is primarily from the remeasurement of our net deferred tax assets to reflect the new, lower U.S. federal corporate income tax rate. For the third quarter of fiscal 2019, we completed our accounting for the impact of the Tax Act. We did not record any material adjustments to provisional amounts previously recorded. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted into law and provides for changes to the U.S. tax code that impact businesses. Some of the key income tax changes that have an impact on Monro include relaxation of the interest deduction limitation rules and the eligibility of Qualified Improvement Property for bonus depreciation. As of March 28, 2020, we have estimated additional allowable depreciation of approximately $ 17 million related to certain improvement property now eligible for bonus depreciation in accordance with the CARES Act. The estimated effect of the additional allowable depreciation has been reflected in our current and deferred tax balances as of March 28, 2020. Deferred tax (liabilities) assets consist of the following: March 28, March 30, 2020 2019 (Dollars in thousands) Lease liabilities $ ( 131,484 ) $ ( 62,485 ) Goodwill ( 47,204 ) ( 39,020 ) Property and equipment ( 18,232 ) ( 12,036 ) Other ( 1,288 ) ( 429 ) Total deferred tax liabilities ( 198,208 ) ( 113,970 ) Lease assets 169,366 94,244 Insurance reserves 10,192 9,071 Warranty and other reserves 4,317 3,360 Loss carryforwards 3,602 2,507 Other 6,846 6,954 Total deferred tax assets 194,323 116,136 Net deferred tax (liabilities) assets $ ( 3,885 ) $ 2,166 We have $ 6.7 million of state net operating loss carryforwards available as of March 28, 2020. The state net operating loss carryforwards expire in varying amounts through 20 40 . Based on all available evidence, we have determined that it is more likely than not that sufficient taxable income of the appropriate character within the carryforward period will exist for the realization of the tax benefits on existing state net operating loss carryforwards. We believe it is more likely than not that all other future tax benefits will be realized as a result of current and future income. A reconciliation between the U.S. federal statutory tax rate and the effective tax rate reflected in the accompanying financial statements is as follows: Year Ended Fiscal March 2020 2019 2018 Amount Percent Amount Percent Amount Percent (Dollars in thousands) Federal income tax based on statutory tax rate applied to income before taxes (a) $ 15,597 21.0 $ 21,076 21.0 $ 32,692 31.6 State income tax, net of federal income tax benefit 1,374 1.9 2,767 2.8 2,218 2.1 Tax Act (b) — — — — 4,707 4.5 Tax settlements and adjustments — — ( 1,864 ) ( 1.9 ) — — Other ( 721 ) ( 1.0 ) ( 1,371 ) ( 1.4 ) ( 98 ) — $ 16,250 21.9 $ 20,608 20.5 $ 39,519 38.2 _________________ (a) For fiscal 2018, represents the blended rate of 35 % for 9/12 of the year and 21 % for 3/12 of the year. (b) Represents the net discrete adjustment to income tax expense primarily from the remeasurement of our net deferred tax assets at the lower U.S. corporate income tax rate. The following is a rollforward of Monro’s liability for income taxes associated with unrecognized tax benefits: Dollars in thousands Balance at March 25, 2017 $ 6,892 Tax positions related to current year: Additions 447 Reductions — Tax positions related to prior years: Additions — Reductions ( 342 ) Settlements — Lapses in statutes of limitations ( 788 ) Balance at March 31, 2018 6,209 Tax positions related to current year: Additions 1,178 Reductions — Tax positions related to prior years: Additions 166 Reductions ( 6 ) Settlements — Lapses in statutes of limitations ( 1,123 ) Balance at March 30, 2019 6,424 Tax positions related to current year: Additions 644 Reductions Tax positions related to prior years: Additions Reductions ( 30 ) Settlements Lapses in statutes of limitations ( 1,826 ) Balance at March 28, 2020 $ 5,212 The total amount of unrecognized tax benefits was $ 5.2 million and $ 6.4 million at March 28, 2020 and March 30, 2019, respectively, the majority of which, if recognized, would affect the effective tax rate. In the normal course of business, Monro provides for uncertain tax positions and the related interest and penalties, and adjusts its unrecognized tax benefits and accrued interest and penalties and, accordingly, we had approximately $ 0.3 million and $ 0.4 million of interest and penalties associated with uncertain tax benefits accrued as of March 28, 2020 and March 30, 2019, respectively. We file U.S. federal income tax returns and income tax returns in various state jurisdictions. Monro’s fiscal 2019 and 2018 U.S. federal tax year and various state tax years remain subject to income tax examinations by tax authorities.

Stock Ownership

Stock Ownership	12 Months Ended
	Mar. 28, 2020
Stock Ownership [Abstract]
Stock Ownership	NOTE 9 – STOCK OWNERSHIP Holders of at least 60 % of the Class C preferred stock must approve any action authorized by the holders of Common Stock. In addition, there are certain restrictions on the transferability of shares of Class C preferred stock. In the event of a liquidation, dissolution or winding-up of Monro, the holders of the Class C preferred stock would be entitled to receive $ 1.50 per share out of the assets of Monro before any amount would be paid to holders of Common Stock. The conversion value of the Class C convertible preferred stock was $. 064 per share at March 28, 2020 and March 30, 2019.

Share Based Compensation

Share Based Compensation	12 Months Ended
	Mar. 28, 2020
Share Based Compensation [Abstract]
Share Based Compensation	NOTE 10 – SHARE BASED COMPENSATION We have a long-term incentive plan whereby eligible employees and non-employee directors may be granted non-qualified service condition stock options, non-qualified market condition stock options, restricted stock awards and restricted stock units. We grant stock-based awards to continue to attract and retain employees and to better align employees’ interests with those of our shareholders. Monro issues new shares of Common Stock upon the exercise of stock options. Total stock-based compensation expense included in cost of sales and selling, general and administrative expenses in Monro’s Consolidated Statements of Comprehensive Income for the fiscal years ended March 28, 2020, March 30, 2019 and March 31, 2018 was $ 3.8 million, $ 4.0 million and $ 2.9 million, respectively, and the related income tax benefit for each fiscal year was $ 0.9 million, $ 1.0 million and $ 1.0 million, respectively. As of March 28, 2020, the total unrecognized compensation expense related to all unvested stock-based awards was $ 5.0 million and is expected to be recognized over a weighted average period of approximately two years . Monro currently grants stock option awards and restricted stock under the 2007 Incentive Stock Option Plan (the “2007 Plan”). The 2007 Plan was authorized by the Board of Directors in June 2007, initially reserving 873,000 shares (as retroactively adjusted for stock splits) of Common Stock for issuance to eligible employees and all non-employee directors. The 2007 Plan was approved by shareholders in August 2007 and was later amended and restated in August 2017. At March 28, 2020, there were a total of 5,001,620 shares authorized for grant under the 2007 Plan (as retroactively adjusted for stock splits), including the shares transferred from previous plans. There were 929,360 shares available for grant at March 28, 2020. Non-Qualified Stock Options Generally, employee options vest over a four year period, and have a duration of six years . Outstanding options are exercisable for various periods through March 2026. Assumptions used to estimate compensation expense are determined as follows:  Expected life of an award is based on historical experience and on the terms and conditions of the stock awards granted to employees;  Expected volatility is measured using historical changes in the market price of Monro’s Common Stock;  Risk- free interest rate is equivalent to the implied yield on zero-coupon U.S. Treasury bonds with a remaining maturity equal to the expected term of the awards;  Forfeitures are based substantially on the history of cancellations of similar awards granted by Monro in prior years; and  Dividend yield is based on historical experience and expected future changes. The fair values of the service condition options granted were estimated on the date of their grant using the Black-Scholes option-pricing model with the following weighted-average assumptions: Year Ended Fiscal March 2020 2019 2018 Risk-free interest rate 1.85 % 2.81 % 1.78 % Expected life, in years 4 4 4 Expected volatility 30.4 % 28.3 % 26.1 % Expected dividend yield 1.12 % 1.24 % 1.49 % In fiscal 2018, Monro granted 100,000 options with a market condition vesting and such market condition options granted were estimated on the date of their grant using the Monte Carlo option-pricing model with the following weighted-average assumptions: Year Ended Fiscal March 2018 Risk-free interest rate 1.65 % Expected life, in years 4 Expected volatility 29.4 % Expected dividend yield 1.53 % Monro did not grant any options with a market condition vesting in fiscal 2020 or 2019. The weighted average fair value of options granted during fiscal 2020, 2019 and 2018 was $ 18.92 , $ 15.44 and $ 8.84 , respectively. A summary of changes in outstanding stock options is as follows: Weighted Average Exercise Options Price Outstanding At March 25, 2017 $ 51.67 896,344 Granted $ 48.12 546,080 Exercised $ 35.00 ( 170,354 ) Canceled $ 60.87 ( 64,092 ) At March 31, 2018 $ 51.95 1,207,978 Granted $ 65.32 123,627 Exercised $ 50.75 ( 331,182 ) Canceled $ 58.12 ( 125,518 ) At March 30, 2019 $ 55.45 874,905 Granted $ 78.92 129,886 Exercised $ 55.26 ( 113,706 ) Canceled $ 62.07 ( 88,319 ) At March 28, 2020 $ 58.55 802,766 The total shares exercisable at March 28, 2020, March 30, 2019 and March 31, 2018 were 471,192 , 405,245 and 495,573 , respectively. The weighted average exercise price of all shares exercisable at March 28, 2020 was $ 55.52 . The weighted average contractual term of all options outstanding at March 28, 2020 and March 30, 2019 was 3.4 years and 3.9 years, respectively. The aggregate intrinsic value of all options (the amount by which the market price of the stock on the date of exercise exceeded the exercise price of the option) outstanding at March 30, 2019 was $ 26.6 million. There was no aggregate intrinsic value of all options outstanding at March 28, 2020. The weighted average contractual term of all options exercisable at March 28, 2020 and March 30, 2019 was 2.8 years and 3.2 years, respectively. The aggregate intrinsic value of all options exercisable at March 30, 2019 was $ 12.2 million. There was no aggregate intrinsic value of all options exercisable at March 28, 2020. A summary of the status of and changes in non-vested stock options granted is as follows: Weighted Average Grant-Date Fair Value Options (per Option) Non-vested at March 25, 2017 333,235 $ 12.37 Granted 546,080 $ 8.84 Vested ( 119,445 ) $ 12.04 Canceled ( 47,465 ) $ 12.53 Non-vested at March 31, 2018 712,405 $ 9.72 Granted 123,627 $ 15.44 Vested ( 314,054 ) $ 8.94 Canceled ( 52,318 ) $ 12.30 Non-vested at March 30, 2019 469,660 $ 11.46 Granted 129,886 $ 18.92 Vested ( 185,226 ) $ 10.93 Canceled ( 82,746 ) $ 14.03 Non-vested at March 28, 2020 331,574 $ 14.03 The following table summarizes information about stock options outstanding at March 28, 2020: Options Outstanding Options Exercisable Weighted Weighted Weighted Average Average Shares Average Range of Shares Remaining Exercise Under Exercise Exercise Prices Under Option Life Price Option Price $ 43.99 - $ 46.99 5,500 3.62 $ 44.82 2,500 $ 44.90 $ 47.00 - $ 48.28 328,043 3.37 $ 47.25 211,923 $ 47.21 $ 48.29 - $ 64.99 168,316 1.95 $ 57.77 122,889 $ 58.58 $ 65.00 - $ 88.63 300,907 4.20 $ 71.56 133,880 $ 66.07 During the fiscal years ended March 28, 2020, March 30, 2019 and March 31, 2018, the fair value of awards vested under Monro’s stock plans was $ 2.0 million, $ 2.8 million and $ 1.4 million, respectively. The aggregate intrinsic value is based on Monro’s closing stock price of $ 40.01 , $ 86.52 and $ 53.60 as of the last trading day of the fiscal years ended March 28, 2020, March 30, 2019 and March 31, 2018, respectively. The aggregate intrinsic value of options exercised during the fiscal years ended March 28, 2020, March 30, 2019 and March 31, 2018 was $ 2.9 million, $ 7.4 million and $ 2.8 million, respectively. Cash received from option exercises under all stock option plans was $ 6.2 million, $ 14.6 million and $ 4.8 million for the fiscal years ended March 28, 2020, March 30, 2019 and March 31, 2018, respectively. The actual tax benefit realized for the tax deductions from option exercises was $ 0.4 million, $ 1.0 million and $ 0.5 million for the fiscal years ended March 28, 2020, March 30, 2019 and March 31, 2018, respectively. Restricted Stock Monro issues restricted stock to certain members of senior management as well as non-employee directors of the Company. Restricted stock units represent shares issued upon vesting in the future whereas restricted stock awards represent shares issued upon grant that are restricted. The fair value for restricted stock units and restricted stock awards is calculated based on the stock price on the date of grant. Restricted stock units do not have voting rights but earn dividends during the vesting period. The recipients of the restricted stock awards have voting rights and earn dividends during the vesting period. The dividends are paid to the recipient at the time the restricted stock becomes vested. If the recipient leaves Monro prior to the vesting date for any reason, the shares of restricted stock and the dividends accrued on those shares will be forfeited and returned to Monro. The restricted stock units and awards vest equally over three or four years . In fiscal 2020 and 2019, the Company issued a limited number of restricted stock units to members of senior management which may vest upon the achievement of a three-year average return on invested capital target. A summary of restricted stock activity during fiscal 2020 and 2019 is as follows : Shares Weighted-Average Grant-Date Fair Value per Share Weighted Average Remaining Vesting Period (in years) Non-vested as of March 31, 2018 61,875 $ 47.59 Granted 17,572 $ 67.80 Vested ( 20,386 ) $ 47.53 Forfeited ( 835 ) $ 57.45 Non-vested as of March 30, 2019 58,226 $ 53.57 1.69 Granted 31,128 $ 75.33 Vested ( 22,499 ) $ 51.61 Forfeited ( 11,125 ) $ 61.38 Non-vested as of March 28, 2020 55,730 $ 64.96 1.78 The aggregate intrinsic value is based on Monro’s closing stock price of $ 40.01 and $ 86.52 as of the last trading day of the periods ended March 28, 2020 and March 30, 2019, respectively. The aggregate intrinsic value of non-vested restricted stock as of March 28, 2020 and March 30, 2019 was $ 2.2 million and $ 5.0 million, respectively.

Earnings Per Common Share

Earnings Per Common Share	12 Months Ended
	Mar. 28, 2020
Earnings Per Common Share [Abstract]
Earnings Per Common Share	NOTE 11 – EARNINGS PER COMMON SHARE A reconciliation of basic and diluted earnings per common share for the years ended March is as follows: Year Ended Fiscal March 2020 2019 2018 (Amounts in thousands, except per share data) Numerator for earnings per common share calculation: Net income $ 58,024 $ 79,752 $ 63,935 Less: Preferred stock dividends ( 449 ) ( 408 ) ( 368 ) Income available to common stockholders $ 57,575 $ 79,344 $ 63,567 Denominator for earnings per common share calculation: Weighted average common shares, basic 33,246 32,980 32,767 Effect of dilutive securities: Preferred stock 510 510 510 Stock options 167 154 56 Restricted stock 30 31 8 Weighted average common shares, diluted 33,953 33,675 33,341 Basic earnings per common share: $ 1.73 $ 2.41 $ 1.94 Diluted earnings per common share: $ 1.71 $ 2.37 $ 1.92 The computation of diluted earnings per common share for fiscal 2020, 2019 and 2018 excludes the effect of assumed exercise of approximately 177,000 , 146,000 and 1,091,000 of stock options, respectively, as the exercise price of these options was greater than the average market value of our common stock for those periods, resulting in an anti-dilutive effect on diluted earnings per common share.

Leasing

Leasing	12 Months Ended
	Mar. 28, 2020
Leasing [Abstract]
Leasing	NOTE 12 – LEASING We enter into lease agreements for certain retail stores, warehouses, distribution centers, office space and land as well as service contracts that are considered leases. Our leases have remaining lease terms, including renewals reasonably certain to be exercised, of less than one year to approximately 38 years. Most of our leases include one or more options to extend the lease, for periods ranging from one year to 30 years or more. Historical failed sale leasebacks that were assumed through acquisitions and do not qualify for sale leaseback accounting continue to be accounted for as financing obligations. As of March 28, 2020, net assets of $ 4.5 million and liabilities of $ 7.5 million due to failed sale leaseback arrangements were included with finance lease assets and liabilities, respectively, on the Consolidated Balance Sheet. The components of operating and finance lease cost for the year ended March 28, 2020 is as follows: (Dollars in thousands) Operating lease cost $ 38,525 Finance lease/financing obligations cost: Amortization of assets 21,033 Interest on liabilities 21,330 Short term and variable lease cost 2,194 Sublease income ( 166 ) Total lease cost $ 82,916 As reported under the previous accounting standard, net rental expense and lease amortization for the years ended March 30, 2019 and March 31, 2018 is comprised of the following: Year Ended Fiscal March 2019 2018 (Dollars in thousands) Gross rental expense $ 38,024 $ 39,003 Sublease rental income ( 64 ) ( 149 ) Rental expense, net $ 37,960 $ 38,854 Amortization of finance (capital) lease assets $ 14,721 $ 12,026 Supplemental cash flow information related to leases for the year ended March 28, 2020 is as follows: Cash paid for amounts included in measurement of lease obligations: (Dollars in thousands) Operating cash flows from operating leases $ 36,808 Operating cash flows from finance leases/financing obligations 21,340 Financing cash flows from finance leases/financing obligations 27,212 The following table summarizes weighted average remaining lease term and discount rates: Operating Leases Finance Leases and Financing Obligations Weighted average remaining lease term, in years 9.4 9.9 Weighted average discount rate 3.51 % 8.73 % Future maturities of our lease liabilities, excluding subleases, as of March 28, 2020 are as follows: Operating Leases Finance Leases and Financing Obligations (Dollars in thousands) 2021 $ 36,590 $ 52,480 2022 33,321 52,270 2023 29,253 53,607 2024 24,778 45,794 2025 21,448 42,072 Thereafter 93,232 214,964 Total undiscounted lease obligations $ 238,622 $ 461,187 Less: imputed interest ( 37,487 ) ( 130,557 ) Net lease obligation $ 201,135 $ 330,630 Total lease payments include $ 74.5 million related to options to extend operating leases that are reasonably certain of being exercised, include $ 115.8 million related to options to extend finance leases that are reasonably certain of being exercised and exclude $ 11.9 million of legally binding lease payments for leases signed but not yet commenced as of March 28, 2020.

Employee Retirement and Profit

Employee Retirement and Profit Sharing Plans	12 Months Ended
	Mar. 28, 2020
Employee Retirement and Profit Sharing Plans [Abstract]
Employee Retirement and Profit Sharing Plans	NOTE 13 – EMPLOYEE RETIREMENT AND PROFIT SHARING PLANS We sponsor a noncontributory defined benefit pension plan for Monro employees and the former Kimmel Automotive, Inc. employees. In fiscal 2005, the previously separate Monro and Kimmel pension plans were merged. The merged plan provides benefits to certain full-time employees who were employed with Monro and with Kimmel prior to April 2, 1998 and May 15, 2001, respectively. Effective as of those dates, each company’s Board of Directors approved plan amendments whereby the benefits of each of the defined benefit plans would be frozen and the plans would be closed to new participants. Prior to these amendments, coverage under the plans began after employees completed one year of service and attained age 21 . Benefits under both plans, and now the merged plan, are based primarily on years of service and employees’ pay near retirement. The funding policy for Monro’s merged plan is consistent with the funding requirements of U.S. federal law and regulations. The measurement date used to determine the pension plan measurements disclosed herein is March 31 for both 2020 and 2019. The underfunded status of Monro’s defined benefit plan is recognized as an Other long-term liability in the Consolidated Balance Sheets as of March 28, 2020 and March 30, 2019, respectively. The underfunded status of the plan is set forth below: Fiscal March 2020 2019 (Dollars in thousands) Change in Plan Assets: Fair value of plan assets at beginning of year $ 20,838 $ 20,629 Actual (loss) return on plan assets ( 1,507 ) 929 Benefits paid ( 720 ) ( 720 ) Fair value of plan assets at end of year 18,611 20,838 Change in Projected Benefit Obligation: Benefit obligation at beginning of year 20,972 20,606 Interest cost 752 781 Actuarial loss 642 305 Benefits paid ( 720 ) ( 720 ) Benefit obligation at end of year 21,646 20,972 Underfunded status of plan $ ( 3,035 ) $ ( 134 ) The projected and accumulated benefit obligations were equivalent at March 31 for both 2020 and 2019. Amounts recognized in accumulated other comprehensive loss consist of: Year Ended Fiscal March 2020 2019 (Dollars in thousands) Unamortized transition obligation $ — $ — Unamortized prior service cost — — Unamortized net loss 9,174 6,057 Total $ 9,174 $ 6,057 Changes in plan assets and benefit obligations recognized in other comprehensive loss consist of: Year Ended Fiscal March 2020 2019 (Dollars in thousands) Net transition obligation $ — $ — Prior service cost — — Net actuarial loss ( 3,117 ) ( 382 ) Total $ ( 3,117 ) $ ( 382 ) Pension income included the following components: Year Ended Fiscal March 2020 2019 2018 (Dollars in thousands) Interest cost on projected benefit obligation $ 752 $ 781 $ 796 Expected return on plan assets ( 1,423 ) ( 1,409 ) ( 1,416 ) Amortization of unrecognized actuarial loss 455 403 336 Net pension income $ ( 216 ) $ ( 225 ) $ ( 284 ) The weighted-average assumptions used to determine benefit obligations are as follows: Year Ended Fiscal March 2020 2019 Discount rate 3.34 % 3.72 % The weighted-average assumptions used to determine net periodic pension costs are as follows: Year Ended Fiscal March 2020 2019 2018 Discount rate 3.72 % 3.89 % 3.98 % Expected long-term return on assets 7.00 % 7.00 % 7.00 % The expected long-term rate of return on plan assets is established based upon assumptions related to historical returns and the future expectations for returns for each asset class, as well as the target asset allocation of the pension portfolio. The investment strategy of the plan is to conservatively manage the assets in order to meet the plan’s long-term obligations while maintaining sufficient liquidity to pay current benefits. This is achieved by holding equity investments while investing a portion of assets in long duration bonds to match the long-term nature of the liabilities. Monro’s general target allocation for the plan is approximately 40 % fixed income and 60 % equity securities. Monro’s asset allocations, by asset category, for the years ended March are as follows: March 28, March 30, 2020 2019 Cash and cash equivalents 4.1 % 1.8 % Fixed income 37.9 % 38.5 % Equity securities 58.0 % 59.7 % Total 100.0 % 100.0 % A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The following tables provide fair value measurement information for Monro’s major categories of defined benefit plan assets at March 28, 2020 and March 30, 2019, respectively: Fair Value Measurements at March 28, 2020 Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs Total (Level 1) (Level 2) (Level 3) (Dollars in thousands) Equity securities: U.S. companies $ 7,666 $ 7,383 $ 283 International companies 3,137 3,137 Fixed income: U.S. corporate bonds 6,686 6,686 International bonds 361 361 Cash equivalents 761 761 Total $ 18,611 $ 10,520 $ 8,091 Fair Value Measurements at March 30, 2019 Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs Total (Level 1) (Level 2) (Level 3) (Dollars in thousands) Equity securities: U.S. companies $ 9,179 $ 8,825 $ 354 International companies 3,256 3,256 Fixed income: U.S. corporate bonds 7,888 7,888 International bonds 138 138 Cash equivalents 377 377 Total $ 20,838 $ 12,081 $ 8,757 There are no required or expected contributions in fiscal 2021 to the plan. The following pension benefit payments are expected to be paid: Year Ended Fiscal March (Dollars in thousands) 2021 $ 1,072 2022 1,122 2023 1,154 2024 1,158 2025 1,198 2026 - 2030 6,384 We have a 401(k)/Profit Sharing Plan that covers full-time employees who meet the age and service requirements of the plan. We make matching contributions consistent with the provisions of the plan. Charges to expense for our matching contributions for fiscal 2020, 2019 and 2018 amounted to approximately $ 1.7 million, $ 1.4 million and $ 1.0 million, respectively. We may also make annual profit sharing contributions to the plan at the discretion of Monro’s Compensation Committee. We have a deferred compensation plan (the “Deferred Compensation Plan”) to provide an opportunity for additional tax-deferred savings to a select group of management or highly compensated employees. The Deferred Compensation Plan permits participants to defer all or any portion of the compensation that would otherwise be payable to them for the calendar year. In addition, Monro will credit to the participants’ accounts such amounts as would have been contributed to Monro’s 401(k)/Profit Sharing Plan but for the limitations that are imposed under the Internal Revenue Code based upon the participants’ status as highly compensated employees. We may also make such additional discretionary allocations as are determined by the Compensation Committee. The Deferred Compensation Plan is an unfunded arrangement and the participants or their beneficiaries have an unsecured claim against the general assets of Monro to the extent of their Deferred Compensation Plan benefits. We maintain accounts to reflect the amounts owed to each participant. At least annually, the accounts are credited with earnings or losses calculated on the basis of an interest rate or other formula as determined by Monro’s Compensation Committee. The total liability recorded in our financial statements at March 28, 2020 and March 30, 2019 related to the Deferred Compensation Plan was approximately $ 2.2 million and $ 2.0 million, respectively.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Mar. 28, 2020
Commitments and Contingencies [Abstract]
Commitments and Contingencies	NOTE 14 – COMMITMENTS AND CONTINGENCIES Commitments Payments due by period under long-term debt, other financing instruments and commitments are as follows: Within 2 to 4 to After Total 1 Year 3 Years 5 Years 5 Years (Dollars in thousands) Principal payments on long-term debt $ 566,400 $ 566,400 Finance lease commitments/financing obligations (a) 461,187 $ 52,480 $ 105,877 87,866 $ 214,964 Operating lease commitments (a) 238,622 36,590 62,574 46,226 93,232 Other liabilities 1,933 800 1,133 — — Total $ 1,268,142 $ 89,870 $ 169,584 $ 700,492 $ 308,196 (a) Operating and finance lease commitments represent future undiscounted lease payments and include $ 74.5 million and $ 115.8 million, respectively, related to options to extend lease terms that are reasonably certain of being exercised. See Note 12. We believe that we can fulfill our commitments utilizing our cash flow from operations and, if necessary, cash on hand. Contingencies On December 13, 2017, the Company settled a litigation matter entitled Ellersick, et.al. v. Monro Muffler Brake, Inc. and Monro Service Corporation (U.S. District Court, Western District of New York), together with related matters, which were first instituted in September 2010, regarding current and former Company technicians and assistant managers who alleged violations of the Fair Labor Standards Act and various state laws relating to, among other things, overtime and unpaid wages. The settlement amount of $ 1,950,000 is included within operating, selling, general and administrative expenses in the Company’s Consolidated Financial Statements for fiscal 2018. Such settlement amount was estimated by the Company to be less than the legal fees and expenses that the Company believed it would have likely incurred in connection with defending such matter during the twelve month period following settlement. We are currently a party to various claims and legal proceedings incidental to the conduct of our business. If management believes that a loss arising from any of these matters is probable and can reasonably be estimated, we will record the amount of the loss, or the minimum estimated liability when the loss is estimated using a range, and no point within the range is more probable than another. As additional information becomes available, any potential liability related to these matters is assessed and the estimates are revised, if necessary. Litigation is subject to inherent uncertainties, and unfavorable rulings could occur and may include monetary damages. If an unfavorable ruling were to occur, there exists the possibility of a material adverse impact on the financial position and results of operations of the period in which any such ruling occurs, or in future periods. However, based on currently available information, management believes that the ultimate outcome of any of these matters, individually and in the aggregate, will not have a material adverse effect on our financial position, results of operations or cash flows.

Subsequent Events

Subsequent Events	12 Months Ended
	Mar. 28, 2020
Subsequent Events [Abstract]
Subsequent Events	NOTE 15 – SUBSEQUENT EVENTS In May 2020, Monro’s Board of Directors declared a cash dividend of $ 0.22 per share or share equivalent to be paid to shareholders of record as of June 8, 2020 . The dividend will be paid on June 22, 2020 . On June 11, 2020, we entered into a First Amendment to our existing credit agreement, which, among other things, amends the terms of certain of the financial and restrictive covenants in the credit agreement through the first quarter of fiscal 2022. The First Amendment requires us to maintain monthly minimum liquidity levels and adjusts the range of interest spread we may pay on outstanding borrowings. The payment of dividends and the payment for acquisitions are permitted for the period from June 30, 2020 to June 30, 2021 subject to the terms in the First Amendment and credit agreement. See additional discussion of the First Amendment under Note 6.

Description Of Business, Basi_2

Description Of Business, Basis Of Presentation And Summary Of Significant Accounting Policies (Policy)	12 Months Ended
	Mar. 28, 2020
Description Of Business, Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]
Description of business	Description of business Monro, Inc. and its wholly owned operating subsidiaries, Monro Service Corporation, Car-X, LLC, MNRO Holdings, LLC and MNRO Service Holdings, LLC (together, “Monro”, the “Company”, “we”, “us”, or “our”), are engaged principally in providing automotive undercar repair and tire sales and services in the United States. Monro had 1,283 Company-operated stores, 98 franchised locations, eight wholesale locations, three retread facilities and two dealer-operated automotive repair centers located in 32 states as of March 28, 2020. Monro’s operations are organized and managed in one operating segment . The internal management financial reporting that is the basis for evaluation in order to assess performance and allocate resources by our chief operating decision maker consists of consolidated data that includes the results of our retail, commercial and wholesale locations. As such, our one operating segment reflects how our operations are managed, how resources are allocated, how operating performance is evaluated by senior management and the structure of our internal financial reporting.
Principles of consolidation	Principles of consolidation The Consolidated Financial Statements include Monro, Inc. and its wholly owned operating subsidiaries, Monro Service Corporation, Car-X, LLC, MNRO Holdings, LLC and MNRO Service Holdings, LLC after the elimination of intercompany transactions and balances.
Management’s use of estimates	Management’s use of estimates The Consolidated Financial Statements have been prepared in accordance with generally accepted accounting principles. The preparation of financial statements in conformity with such principles requires the use of estimates by management during the reporting period. Actual results could differ from those estimates.
Fiscal year	Fiscal year Monro reports its results on a 52/53 week fiscal year ending on the last Saturday of March of each year. The following are the dates represented by each fiscal period: “Year ended Fiscal March 2020”: March 31, 2019 – March 28, 2020 (52 weeks) “Year ended Fiscal March 2019”: April 1, 2018 – March 30, 2019 (52 weeks) “Year ended Fiscal March 2018”: March 26, 2017 – March 31, 2018 (53 weeks)
Reclassifications	Reclassifications Certain amounts in these financial statements and notes thereto have been reclassified to maintain comparability among the periods presented.
Recent Accounting Pronouncements	Recent accounting pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued new accounting guidance related to leases. This guidance establishes a right of use (“ROU”) model that requires a lessee to record a ROU asset and lease liability on the balance sheet for all leases with terms longer than twelve months. Leases are classified as either finance or operating, with classification affecting the pattern of expense recognition. The guidance is effective for financial statements issued for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years. We adopted this standard as of March 31, 2019 using the modified retrospective approach and elected the optional transition relief amendment that allows for a cumulative-effect adjustment in the period of adoption and did not restate prior periods. In addition, we elected the package of practical expedients permitted under the transition guidance, which among other things, allowed us to carry forward the historical lease classification and provided relief from reviewing existing contracts to determine if they contain leases. We did not elect to use hindsight in determining the lease term. The adoption of this guidance resulted in a $ 165.3 million increase to total assets and a $ 165.9 million increase to total liabilities as of March 31, 2019. The Company recognized $ 186.9 million of operating lease ROU assets, $ 174.4 million of operating lease obligations, and a $ 0.7 million finance lease asset and liability related to embedded leases. The difference between the operating lease ROU assets and operating lease liabilities primarily represents the existing favorable lease intangibles of $ 19.6 million and unfavorable lease intangibles and deferred rent accruals of $ 7.2 million resulting from historical operating lease accounting. These were reclassified as operating ROU assets upon adoption. In addition, we recognized $ 8.4 million and $ 16.6 million of finance lease assets and liabilities, respectively, and removed $ 11.1 million and $ 18.6 million of assets and liabilities related to financial obligations connected with the construction of leased stores that are no longer considered a failed sale leaseback. As a result of using the modified retrospective approach, the adoption resulted in a cumulative-effect adjustment to retained earnings, net of tax, of approximately $ 0.6 million. The adoption of this guidance did not have a material impact to our Consolidated Statements of Comprehensive Income or Consolidated Statements of Cash Flows. At adoption, we reclassified prior year capital lease and financing obligation assets from the Net property, plant and equipment line to the Finance lease and financing obligation assets, net line of our Consolidated Balance Sheet. See Note 12 for additional lease disclosures. In June 2018, the FASB issued new accounting guidance that amends the accounting for nonemployee share-based awards. Under the new guidance, the existing guidance related to the accounting for employee share-based awards will apply to nonemployee share-based transactions, with certain exceptions. This guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2018. Early adoption was permitted. We adopted this guidance during the first quarter of fiscal 2020. The adoption of this guidance did not have a material impact on our Consolidated Financial Statements. In August 2018, the FASB issued new accounting guidance which eliminates, adds and modifies certain disclosure requirements for fair value measurements. This guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2019. Early adoption is permitted. The adoption of this guidance is not expected to have a material impact on our Consolidated Financial Statements. In December 2019, the FASB issued new accounting guidance intended to simplify the accounting for income taxes. The new guidance removes certain exceptions to the general principles in Accounting Standards Codification Topic 740 Income Taxes and amends existing guidance to improve consistent application. This guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2020. Early adoption is permitted. We are currently evaluating the potential impact of the adoption of this guidance on our 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 (“SEC”) did not, or are not expected to have a material effect on Monro’s Consolidated Financial Statements.
Cash equivalents	Cash equivalents We consider all highly liquid instruments with original maturities of three months or less to be cash equivalents.
Inventories	Inventories Our inventories consist of automotive parts (including oil) and tires. Inventories are valued at the lower of weighted average cost or net realizable value.
Barter credits	Barter credits We value barter credits at the fair market value of the credits received. We use these credits primarily to pay vendors for purchases (mainly inventory vendors for the purchase of parts, oil and tires) or to purchase other goods or services from the barter company such as advertising. We received barter credits from the sales of slower moving inventory of approximately $ 7.7 million and $ 5.4 million for fiscal 2020 and fiscal 2019, respectively.
Property, plant and equipment	Property, plant and equipment Property, plant and equipment are stated at cost. Depreciation of property, plant and equipment is provided on a straight-line basis. Buildings and improvements related to owned locations are depreciated over lives varying from 10 to 39 years; machinery, fixtures and equipment over lives varying from 3 to 15 years; and vehicles over lives varying from 5 to 10 years. Computer hardware and software is depreciated over lives varying from 3 to 7 years. When property is sold or retired, the cost and accumulated depreciation are eliminated from the accounts and a gain or loss is recorded in the Consolidated Statements of Comprehensive Income. Expenditures for maintenance and repairs are expensed as incurred.
Long-lived assets impairment	Long-lived assets impairment We evaluate the ability to recover long-lived assets, including property, plant and equipment and ROU assets, whenever events or circumstances indicate that the carrying value of the asset may not be recoverable. In addition, we report assets to be disposed at the lower of the carrying amount and the fair market value less costs to sell. Long-lived assets are grouped and evaluated for impairment at the lowest level for which there are identifiable cash flows that are independent of the cash flows of other groups of assets. If it is determined that the carrying amounts of such long-lived assets are not recoverable, the assets are written down to their estimated fair values. Fair value of the assets is determined based on the highest and best use of the asset group and considers future store cash flows as well as potential sublease income based on comparable market rents. During the fourth quarter of fiscal 2020, we evaluated certain stores having indicators of impairment based on operating performance and taking into consideration the negative impact of the novel coronavirus strain (“COVID-19”) pandemic on forecasted store performance. Additionally, we currently expect to close 36 stores during fiscal 2021. Based on the estimate of future recoverable cash flows, we recorded an impairment charge totaling $ 6.6 million of which $ 4.3 million was related to the stores to be closed in fiscal 2021. As part of the impairment charge, we wrote off $ 4.4 million of operating lease ROU assets, $ 0.6 million of finance lease ROU assets and $ 1.6 million of leasehold improvements and equipment. No impairment charges were recorded during fiscal 2019 or fiscal 2018.
Store opening and closing costs	Store opening and closing costs New store opening costs are charged to expense in the fiscal year when incurred. When we close a store, the estimated unrecoverable costs are charged to expense.
Leases	Leases We determine if an arrangement is or contains a lease at inception. We record ROU assets and lease obligations for our finance and operating leases, which are initially based on the discounted future minimum lease payments over the term of the lease. As the rate implicit in our leases is not easily determinable, our applicable incremental borrowing rate is used in calculating the present value of the lease payments. We estimate our incremental borrowing rate considering the market rates of our outstanding collateralized borrowings and comparisons to comparable borrowings of similar terms. Lease term is defined as the non-cancelable period of the lease plus any options to extend the lease when it is reasonably certain that it will be exercised. For leases with an initial term of 12 months or less, no ROU assets or lease obligations are recorded on the balance sheet and we recognize short-term lease expense for these leases on a straight-line basis over the lease term. Certain of our lease agreements include rental payments based on a percentage of retail sales over specified levels and others include rental payments adjusted periodically for inflation. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. For the majority of all classes of underlying assets, we have elected to separate lease from non-lease components. We have elected to combine lease and non-lease components for certain classes of equipment. We sublease excess space to third parties. Operating lease expense is recognized on a straight-line basis over the lease term and is included in cost of sales or general and administrative expense. Amortization expense for finance leases is recognized on a straight-line basis over the lease term and is included in cost of sales or general and administrative expense. Interest expense for finance leases is recognized using the effective interest method. Variable payments, short-term rentals and payments associated with non-lease components are expensed as incurred.
Goodwill and intangible assets	Goodwill and intangible assets We have a history of growth through acquisitions. Assets and liabilities of acquired businesses are recorded at their estimated fair values as of the date of acquisition. Goodwill represents costs in excess of fair values assigned to the underlying net assets of acquired businesses. The carrying value of goodwill is subject to an annual impairment test, which we perform in the third quarter of the fiscal year. Impairment tests may also be triggered by any significant events or changes in circumstances affecting our business. We have one reporting unit which encompasses all operations including new acquisitions. In performing our annual goodwill impairment test, we perform a qualitative assessment to determine if it is more likely than not that the fair value is less than the carrying value of goodwill. The qualitative assessment includes a review of business changes, economic outlook, financial trends and forecasts, growth rates, industry data, market capitalization and other relevant qualitative factors. If the qualitative factors indicate a potential impairment, we compare the fair value of our reporting unit to the carrying value of our reporting unit. If the fair value is less than its carrying value, an impairment charge is recognized in an amount equal to that excess. The loss recognized cannot exceed the carrying amount of goodwill. As a result of our annual qualitative assessment performed in the third quarter of fiscal 2020, we determined that it is not more-likely-than-not that the fair value is less than the carrying value. The recent developments associated with the COVID-19 pandemic resulted in uncertainty in the global economy, and declines in equity markets, including in our share price as of fiscal year end. We considered our current business performance expectations, as well as our share price as of fiscal year end in relation to the share price when the annual qualitative assessment was performed in the third quarter of fiscal 2020. Based on our analysis, we concluded that the current events and circumstances related to the COVID-19 pandemic do not indicate an impairment of goodwill is more likely than not as of March 28, 2020. Intangible assets primarily represent allocations of purchase price to identifiable intangible assets of acquired businesses and are amortized over their estimated useful lives. All intangible assets are reviewed when events or changes in circumstances indicate that the asset’s carrying value may not be recoverable. If such indicators are present, it is determined whether the sum of the estimated undiscounted future cash flows attributable to such assets is less than their carrying values. Based on our review as of March 28, 2020, we concluded that the current events and circumstances related to the COVID-19 pandemic did not indicate that the carrying values of our intangibles were not recoverable. No impairment was recorded in fiscal 2020, 2019 or 2018. A deterioration of macroeconomic conditions may not only negatively impact the estimated operating cash flows used in our cash flow models, but may also negatively impact other assumptions used in our analyses, including, but not limited to, the estimated cost of capital and/or discount rates. Additionally, we are required to ensure that assumptions used to determine fair value in our analyses are consistent with the assumptions a hypothetical marketplace participant would use. As a result, the cost of capital and/or discount rates used in our analyses may increase or decrease based on market conditions and trends, regardless of whether our actual cost of capital has changed. Therefore, we may recognize an impairment of an intangible asset or assets even though realized actual cash flows are approximately equal to or greater than our previously forecasted amounts.
Self-insurance reserves	Self-insurance reserves We are largely self-insured with respect to workers’ compensation, general liability and employee medical claims. In order to reduce our risk and better manage our overall loss exposure, we purchase stop-loss insurance that covers individual claims in excess of the deductible amounts, and caps total losses in a fiscal year. We maintain an accrual for the estimated cost to settle open claims as well as an estimate of the cost of claims that have been incurred but not reported. These estimates take into consideration the historical average claim volume, the average cost for settled claims, current trends in claim costs, changes in our business and workforce, and general economic factors. These accruals are reviewed on a quarterly basis, or more frequently if factors dictate a more frequent review is warranted. For more complex reserve calculations, such as workers’ compensation, we periodically use the services of an actuary to assist in determining the required reserve for open claims.
Warranty	Warranty We provide an accrual for estimated future warranty costs for parts that we install based upon the historical relationship of warranty costs to sales. Warranty expense related to all product warranties at and for the fiscal years ended March 2020, 2019 and 2018 was not material to our financial position or results of operations. See additional discussion of tire road hazard warranty agreements under Note 7.
Comprehensive income	Comprehensive income As it relates to Monro, comprehensive income is defined as net earnings as adjusted for pension liability adjustments and is reported net of related taxes in the Consolidated Statements of Comprehensive Income and in the Consolidated Statements of Changes in Shareholders’ Equity.
Income taxes	Income taxes Deferred tax assets and liabilities are determined based upon the expected future tax outcome of differences between the tax laws and accounting rules of various items of income and expense recognized in our results of operations using enacted tax rates in effect for the year in which the future tax outcome is expected. The accounting guidance for uncertainties in income tax prescribes a comprehensive model for the financial statement recognition, measurement, presentation, and disclosure of uncertain tax positions taken or expected to be taken in income tax returns. Monro recognizes a tax benefit from an uncertain tax position in the financial statements only when it is more likely than not that the position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits and a consideration of the relevant taxing authority's administrative practices and precedents.
Treasury stock	Treasury stock Treasury stock is accounted for using the par value method.
Stock-based compensation	Stock-based compensation We provide stock-based compensation through non-qualified stock options, restricted stock awards and restricted stock units. We measure compensation cost arising from the grant of share-based payments to an employee at fair value, and recognize such cost in income over the period during which the employee is required to provide service in exchange for the award, usually the vesting period. The fair value of each option award is estimated on the date of grant primarily using the Black-Scholes option valuation model. The assumptions used to estimate fair value require significant judgment and are subject to change in the future due to factors such as employee exercise behavior, stock price trends, and changes to type or provisions of stock-based awards. Any material change in one or more of these assumptions could have an impact on the estimated fair value of a future award. The fair value of restricted stock awards and restricted stock units (collectively “restricted stock”) is determined based on the stock price at the date of grant. We are required to estimate forfeitures and only record compensation costs for those awards that are expected to vest. The assumptions for forfeitures were determined based on type of award and historical experience. Forfeiture assumptions are adjusted at the point in time a significant change is identified, with any adjustment recorded in the period of change, and the final adjustment at the end of the requisite service period to equal actual forfeitures. We recognize compensation expense related to stock options and restricted stock using the straight-line approach. Option awards and restricted stock generally vest equally over the service period established in the award, typically three or four years . In fiscal 2020 and fiscal 2019, the Company issued a limited number of restricted stock units to members of senior management which may vest upon the achievement of a three-year average return on invested capital target.
Earnings per common share	Earnings per common share Basic earnings per common share amounts are calculated by dividing income available to common shareholders, after deducting preferred stock dividends, by the weighted average number of shares of common stock outstanding. Diluted earnings per common share amounts are calculated by dividing net income by the weighted average number of shares of common stock and common stock equivalents outstanding. Common stock equivalents represent shares issuable upon the assumed exercise of common stock options outstanding.
Advertising	Advertising We expense the production costs of advertising the first time the advertising takes place, except for direct response advertising which is capitalized and amortized over its expected period of future benefits. Direct response advertising consists primarily of coupons for Monro’s services. The capitalized costs of this advertising are amortized over the period of the coupon’s validity, which is typically two months . Prepaid advertising at March 28, 2020 and March 30, 2019, and advertising expense for the fiscal years ended March 2020, 2019 and 2018, were not material to these financial statements.
Vendor rebates	Vendor rebates We account for vendor rebates as a reduction of the cost of products purchased.

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Mar. 28, 2020
Fiscal 2019 Acquisitions [Member]
Business Acquisition [Line Items]
Schedule Of Purchase Price Allocation	As of Acquisition Date (Dollars in thousands) Trade receivables $ 1,674 Inventories 8,968 Other current assets 316 Property, plant and equipment 8,583 Finance lease and financing obligation assets, net 7,546 Intangible assets 9,615 Other non-current assets 21 Long-term deferred income tax assets 2,719 Total assets acquired 39,442 Current portion of long-term debt, finance leases and financing obligations 1,651 Deferred revenue 445 Other current liabilities 540 Long-term finance leases and financing obligations 16,048 Other long-term liabilities 637 Total liabilities assumed 19,321 Total net identifiable assets acquired $ 20,121 Total consideration transferred $ 61,654 Less: total net identifiable assets acquired 20,121 Goodwill $ 41,533
Schedule Of Intangible Assets Acquired	As of Acquisition Date Weighted Dollars Average in thousands Useful Life Customer lists $ 6,042 13 years Favorable leases 3,173 10 years Trade name 400 2 years Total $ 9,615 11 years
Fiscal 2020 Acquisitions [Member]
Business Acquisition [Line Items]
Schedule Of Purchase Price Allocation	As of Acquisition Date (Dollars in thousands) Inventories $ 4,469 Other current assets 706 Property, plant and equipment 2,367 Finance lease and financing obligation assets, net 29,147 Operating lease assets, net 42,680 Intangible assets 2,847 Other non-current assets 305 Long-term deferred income tax assets 4,875 Total assets acquired 87,396 Current portion of long-term debt, finance leases and financing obligations 2,672 Current portion of operating lease liabilities 4,416 Deferred revenue 1,618 Other current liabilities 358 Long-term finance leases and financing obligations 36,225 Long-term operating lease liabilities 43,668 Other long-term liabilities 1,747 Total liabilities assumed 90,704 Total net identifiable liabilities assumed $ ( 3,308 ) Total consideration transferred $ 103,622 Less: total net identifiable liabilities assumed ( 3,308 ) Goodwill $ 106,930
Schedule Of Intangible Assets Acquired	As of Acquisition Date Weighted Dollars Average in thousands Useful Life Customer lists $ 2,847 7 years

Other Current Assets (Tables)

Other Current Assets (Tables)	12 Months Ended
	Mar. 28, 2020
Other Current Assets [Abstract]
Composition of other current assets	Year Ended Fiscal March 2020 2019 (Dollars in thousands) Vendor rebates receivable $ 16,232 $ 14,169 Other 24,305 28,283 Other current assets $ 40,537 $ 42,452

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Mar. 28, 2020
Property, Plant and Equipment [Abstract]
Major Classifications Of Property, Plant And Equipment	Year Ended Fiscal March 2020 2019 (Dollars in thousands) Land $ 84,765 $ 85,623 Buildings and improvements 272,724 251,431 Equipment, signage and fixtures 278,324 256,411 Vehicles 38,356 36,393 Construction-in-progress 8,763 10,563 Property, plant and equipment 682,932 640,421 Less - Accumulated depreciation 354,295 327,869 Property, plant and equipment, net $ 328,637 $ 312,552

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Mar. 28, 2020
Goodwill and Intangible Assets [Abstract]
Changes in goodwill	Dollars in thousands Balance at March 31, 2018 $ 522,892 Fiscal 2019 acquisitions 42,124 Adjustments to fiscal 2018 purchase accounting 487 Balance at March 30, 2019 565,503 Fiscal 2020 acquisitions 106,930 Adjustments to fiscal 2019 purchase accounting ( 590 ) Balance at March 28, 2020 $ 671,843
Composition of other intangible assets	Year Ended Fiscal March 2020 2019 Gross Gross Carrying Accumulated Carrying Accumulated Amount Amortization Amount Amortization (Dollars in thousands) Customer lists $ 42,511 $ 26,333 $ 39,710 $ 23,258 Favorable leases — — 30,315 11,049 Trade names 21,252 12,072 21,252 10,851 Franchise agreements 7,220 2,805 7,220 2,259 Other intangible assets 590 582 590 563 Total intangible assets $ 71,573 $ 41,792 $ 99,087 $ 47,980
Estimated future amortization of intangible assets	Customer lists/ Trade names/ Franchise agreements/ Year Ending Fiscal March Other (Dollars in thousands) 2021 $ 4,101 2022 3,779 2023 3,523 2024 3,163 2025 2,806

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Mar. 28, 2020
Long-Term Debt [Abstract]
Long-Term Debt	March 28, March 30, 2020 2019 (Dollars in thousands) Revolving Credit Facility, LIBOR-based (a) $ 566,400 $ 137,682 Note payable, non-interest bearing, due in equal installments through September 2019 40 Less – Current portion of long-term debt ( 40 ) Long-term debt $ 566,400 $ 137,682 _________________ (a) The London Interbank Offered Rate (“LIBOR”) at March 28, 2020 was . 99 %.

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Mar. 28, 2020
Revenue [Abstract]
Schedule Of Changes In Deferred Revenue	Dollars in thousands Balance at March 31, 2018 $ 17,182 Deferral of revenue 16,702 Deferral of revenue from acquisitions 753 Recognition of revenue ( 17,487 ) Balance at March 30, 2019 17,150 Deferral of revenue 17,466 Deferral of revenue from acquisitions 2,916 Recognition of revenue ( 19,026 ) Balance at March 28, 2020 $ 18,506
Schedule Of Disaggregated Revenue By Product Group	Year Ended Fiscal March 2020 2019 2018 (Dollars in thousands) Revenues: Brakes $ 169,138 $ 162,709 $ 146,082 Exhaust 25,058 28,713 26,969 Steering 100,230 95,711 94,391 Tires 634,513 601,295 560,398 Maintenance 324,494 308,668 296,658 Other 3,091 3,134 3,317 Total $ 1,256,524 $ 1,200,230 $ 1,127,815

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Mar. 28, 2020
Income Taxes [Abstract]
Components of the provision for income taxes	Year Ended Fiscal March 2020 2019 2018 (Dollars in thousands) Current - Federal $ 2,783 $ 5,682 $ 20,854 State 1,994 2,409 3,180 4,777 8,091 24,034 Deferred - Federal 11,397 11,563 15,153 State 76 954 332 11,473 12,517 15,485 (a) Total $ 16,250 $ 20,608 $ 39,519 _________________ (a) For fiscal 2018, includes $ 4.7 million related to the Tax Cuts and Jobs Act of 2017 (“Tax Act”).
Deferred tax (liabilities) assets	March 28, March 30, 2020 2019 (Dollars in thousands) Lease liabilities $ ( 131,484 ) $ ( 62,485 ) Goodwill ( 47,204 ) ( 39,020 ) Property and equipment ( 18,232 ) ( 12,036 ) Other ( 1,288 ) ( 429 ) Total deferred tax liabilities ( 198,208 ) ( 113,970 ) Lease assets 169,366 94,244 Insurance reserves 10,192 9,071 Warranty and other reserves 4,317 3,360 Loss carryforwards 3,602 2,507 Other 6,846 6,954 Total deferred tax assets 194,323 116,136 Net deferred tax (liabilities) assets $ ( 3,885 ) $ 2,166
Reconciliation between Federal statutory tax rate and effective tax rate reflected in accompanying financial statements	Year Ended Fiscal March 2020 2019 2018 Amount Percent Amount Percent Amount Percent (Dollars in thousands) Federal income tax based on statutory tax rate applied to income before taxes (a) $ 15,597 21.0 $ 21,076 21.0 $ 32,692 31.6 State income tax, net of federal income tax benefit 1,374 1.9 2,767 2.8 2,218 2.1 Tax Act (b) — — — — 4,707 4.5 Tax settlements and adjustments — — ( 1,864 ) ( 1.9 ) — — Other ( 721 ) ( 1.0 ) ( 1,371 ) ( 1.4 ) ( 98 ) — $ 16,250 21.9 $ 20,608 20.5 $ 39,519 38.2 _________________ (a) For fiscal 2018, represents the blended rate of 35 % for 9/12 of the year and 21 % for 3/12 of the year. (b) Represents the net discrete adjustment to income tax expense primarily from the remeasurement of our net deferred tax assets at the lower U.S. corporate income tax rate.
Income taxes associated with unrecognized tax benefits	Dollars in thousands Balance at March 25, 2017 $ 6,892 Tax positions related to current year: Additions 447 Reductions — Tax positions related to prior years: Additions — Reductions ( 342 ) Settlements — Lapses in statutes of limitations ( 788 ) Balance at March 31, 2018 6,209 Tax positions related to current year: Additions 1,178 Reductions — Tax positions related to prior years: Additions 166 Reductions ( 6 ) Settlements — Lapses in statutes of limitations ( 1,123 ) Balance at March 30, 2019 6,424 Tax positions related to current year: Additions 644 Reductions Tax positions related to prior years: Additions Reductions ( 30 ) Settlements Lapses in statutes of limitations ( 1,826 ) Balance at March 28, 2020 $ 5,212

Share Based Compensation (Table

Share Based Compensation (Tables)	12 Months Ended
	Mar. 28, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of changes in outstanding stock options	Weighted Average Exercise Options Price Outstanding At March 25, 2017 $ 51.67 896,344 Granted $ 48.12 546,080 Exercised $ 35.00 ( 170,354 ) Canceled $ 60.87 ( 64,092 ) At March 31, 2018 $ 51.95 1,207,978 Granted $ 65.32 123,627 Exercised $ 50.75 ( 331,182 ) Canceled $ 58.12 ( 125,518 ) At March 30, 2019 $ 55.45 874,905 Granted $ 78.92 129,886 Exercised $ 55.26 ( 113,706 ) Canceled $ 62.07 ( 88,319 ) At March 28, 2020 $ 58.55 802,766
A summary of the status of and changes in nonvested stock options granted	Weighted Average Grant-Date Fair Value Options (per Option) Non-vested at March 25, 2017 333,235 $ 12.37 Granted 546,080 $ 8.84 Vested ( 119,445 ) $ 12.04 Canceled ( 47,465 ) $ 12.53 Non-vested at March 31, 2018 712,405 $ 9.72 Granted 123,627 $ 15.44 Vested ( 314,054 ) $ 8.94 Canceled ( 52,318 ) $ 12.30 Non-vested at March 30, 2019 469,660 $ 11.46 Granted 129,886 $ 18.92 Vested ( 185,226 ) $ 10.93 Canceled ( 82,746 ) $ 14.03 Non-vested at March 28, 2020 331,574 $ 14.03
Summary Of Stock Options Outstanding	Options Outstanding Options Exercisable Weighted Weighted Weighted Average Average Shares Average Range of Shares Remaining Exercise Under Exercise Exercise Prices Under Option Life Price Option Price $ 43.99 - $ 46.99 5,500 3.62 $ 44.82 2,500 $ 44.90 $ 47.00 - $ 48.28 328,043 3.37 $ 47.25 211,923 $ 47.21 $ 48.29 - $ 64.99 168,316 1.95 $ 57.77 122,889 $ 58.58 $ 65.00 - $ 88.63 300,907 4.20 $ 71.56 133,880 $ 66.07
Summary Of Restricted Stock	Shares Weighted-Average Grant-Date Fair Value per Share Weighted Average Remaining Vesting Period (in years) Non-vested as of March 31, 2018 61,875 $ 47.59 Granted 17,572 $ 67.80 Vested ( 20,386 ) $ 47.53 Forfeited ( 835 ) $ 57.45 Non-vested as of March 30, 2019 58,226 $ 53.57 1.69 Granted 31,128 $ 75.33 Vested ( 22,499 ) $ 51.61 Forfeited ( 11,125 ) $ 61.38 Non-vested as of March 28, 2020 55,730 $ 64.96 1.78
Service Condition Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value of options assumptions	Year Ended Fiscal March 2020 2019 2018 Risk-free interest rate 1.85 % 2.81 % 1.78 % Expected life, in years 4 4 4 Expected volatility 30.4 % 28.3 % 26.1 % Expected dividend yield 1.12 % 1.24 % 1.49 %
Market Condition Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value of options assumptions	Year Ended Fiscal March 2018 Risk-free interest rate 1.65 % Expected life, in years 4 Expected volatility 29.4 % Expected dividend yield 1.53 %

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	12 Months Ended
	Mar. 28, 2020
Earnings Per Common Share [Abstract]
Reconciliation Of Basic And Diluted Earnings Per Share	Year Ended Fiscal March 2020 2019 2018 (Amounts in thousands, except per share data) Numerator for earnings per common share calculation: Net income $ 58,024 $ 79,752 $ 63,935 Less: Preferred stock dividends ( 449 ) ( 408 ) ( 368 ) Income available to common stockholders $ 57,575 $ 79,344 $ 63,567 Denominator for earnings per common share calculation: Weighted average common shares, basic 33,246 32,980 32,767 Effect of dilutive securities: Preferred stock 510 510 510 Stock options 167 154 56 Restricted stock 30 31 8 Weighted average common shares, diluted 33,953 33,675 33,341 Basic earnings per common share: $ 1.73 $ 2.41 $ 1.94 Diluted earnings per common share: $ 1.71 $ 2.37 $ 1.92

Leasing (Tables)

Leasing (Tables)	12 Months Ended
	Mar. 28, 2020
Leasing [Abstract]
Schedule Of Operating And Finance Lease Costs	(Dollars in thousands) Operating lease cost $ 38,525 Finance lease/financing obligations cost: Amortization of assets 21,033 Interest on liabilities 21,330 Short term and variable lease cost 2,194 Sublease income ( 166 ) Total lease cost $ 82,916
Schedule Of Previous Accounting Standard Disclosures	Year Ended Fiscal March 2019 2018 (Dollars in thousands) Gross rental expense $ 38,024 $ 39,003 Sublease rental income ( 64 ) ( 149 ) Rental expense, net $ 37,960 $ 38,854 Amortization of finance (capital) lease assets $ 14,721 $ 12,026
Schedule Of Supplemental Cash Flow Information Related To Leases	Cash paid for amounts included in measurement of lease obligations: (Dollars in thousands) Operating cash flows from operating leases $ 36,808 Operating cash flows from finance leases/financing obligations 21,340 Financing cash flows from finance leases/financing obligations 27,212
Schedule Of Weighted Average Remaining Lease Terms And Discount Rates	Operating Leases Finance Leases and Financing Obligations Weighted average remaining lease term, in years 9.4 9.9 Weighted average discount rate 3.51 % 8.73 %
Schedule Of Future Maturities of Lease Liabilities	Operating Leases Finance Leases and Financing Obligations (Dollars in thousands) 2021 $ 36,590 $ 52,480 2022 33,321 52,270 2023 29,253 53,607 2024 24,778 45,794 2025 21,448 42,072 Thereafter 93,232 214,964 Total undiscounted lease obligations $ 238,622 $ 461,187 Less: imputed interest ( 37,487 ) ( 130,557 ) Net lease obligation $ 201,135 $ 330,630

Employee Retirement and Profi_2

Employee Retirement and Profit Sharing Plans (Tables)	12 Months Ended
	Mar. 28, 2020
Employee Retirement and Profit Sharing Plans [Abstract]
Funded status of plan	Fiscal March 2020 2019 (Dollars in thousands) Change in Plan Assets: Fair value of plan assets at beginning of year $ 20,838 $ 20,629 Actual (loss) return on plan assets ( 1,507 ) 929 Benefits paid ( 720 ) ( 720 ) Fair value of plan assets at end of year 18,611 20,838 Change in Projected Benefit Obligation: Benefit obligation at beginning of year 20,972 20,606 Interest cost 752 781 Actuarial loss 642 305 Benefits paid ( 720 ) ( 720 ) Benefit obligation at end of year 21,646 20,972 Underfunded status of plan $ ( 3,035 ) $ ( 134 )
Amounts recognized in accumulated other comprehensive loss	Year Ended Fiscal March 2020 2019 (Dollars in thousands) Unamortized transition obligation $ — $ — Unamortized prior service cost — — Unamortized net loss 9,174 6,057 Total $ 9,174 $ 6,057
Changes in plan assets and benefit obligations recognized in other comprehensive (loss) income	Year Ended Fiscal March 2020 2019 (Dollars in thousands) Net transition obligation $ — $ — Prior service cost — — Net actuarial loss ( 3,117 ) ( 382 ) Total $ ( 3,117 ) $ ( 382 )
Components of pension income	Year Ended Fiscal March 2020 2019 2018 (Dollars in thousands) Interest cost on projected benefit obligation $ 752 $ 781 $ 796 Expected return on plan assets ( 1,423 ) ( 1,409 ) ( 1,416 ) Amortization of unrecognized actuarial loss 455 403 336 Net pension income $ ( 216 ) $ ( 225 ) $ ( 284 )
Weighted average assumptions used to determine benefit obligations	Year Ended Fiscal March 2020 2019 Discount rate 3.34 % 3.72 %
Weighted average assumptions used to determine net periodic pension costs	Year Ended Fiscal March 2020 2019 2018 Discount rate 3.72 % 3.89 % 3.98 % Expected long-term return on assets 7.00 % 7.00 % 7.00 %
Company's asset allocations by asset category	March 28, March 30, 2020 2019 Cash and cash equivalents 4.1 % 1.8 % Fixed income 37.9 % 38.5 % Equity securities 58.0 % 59.7 % Total 100.0 % 100.0 %
Fair value measurement information for the Company's major categories of defined benefit plan assets	Fair Value Measurements at March 28, 2020 Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs Total (Level 1) (Level 2) (Level 3) (Dollars in thousands) Equity securities: U.S. companies $ 7,666 $ 7,383 $ 283 International companies 3,137 3,137 Fixed income: U.S. corporate bonds 6,686 6,686 International bonds 361 361 Cash equivalents 761 761 Total $ 18,611 $ 10,520 $ 8,091 Fair Value Measurements at March 30, 2019 Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs Total (Level 1) (Level 2) (Level 3) (Dollars in thousands) Equity securities: U.S. companies $ 9,179 $ 8,825 $ 354 International companies 3,256 3,256 Fixed income: U.S. corporate bonds 7,888 7,888 International bonds 138 138 Cash equivalents 377 377 Total $ 20,838 $ 12,081 $ 8,757
Pension benefit payments	Year Ended Fiscal March (Dollars in thousands) 2021 $ 1,072 2022 1,122 2023 1,154 2024 1,158 2025 1,198 2026 - 2030 6,384

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Mar. 28, 2020
Commitments and Contingencies [Abstract]
Schedule Of Payments Due By Period	Within 2 to 4 to After Total 1 Year 3 Years 5 Years 5 Years (Dollars in thousands) Principal payments on long-term debt $ 566,400 $ 566,400 Finance lease commitments/financing obligations (a) 461,187 $ 52,480 $ 105,877 87,866 $ 214,964 Operating lease commitments (a) 238,622 36,590 62,574 46,226 93,232 Other liabilities 1,933 800 1,133 — — Total $ 1,268,142 $ 89,870 $ 169,584 $ 700,492 $ 308,196 (a) Operating and finance lease commitments represent future undiscounted lease payments and include $ 74.5 million and $ 115.8 million, respectively, related to options to extend lease terms that are reasonably certain of being exercised. See Note 12.

Description Of Business, Basi_3

Description Of Business, Basis Of Presentation And Summary Of Significant Accounting Policies (Narrative) (Details)	3 Months Ended	12 Months Ended
	Mar. 28, 2020USD ($)propertystorestate	Mar. 28, 2020USD ($)propertystorestatesegmentitem	Mar. 30, 2019USD ($)	Mar. 31, 2018USD ($)
Significant Accounting Policies [Line Items]
Company operated stores | store	1,283	1,283
Franchised locations | property	98	98
Number of wholesale locations | property	8	8
Number of retread facilities | property	3	3
Dealer-operated automotive repair centers | property	2	2
Number of States in which Entity Operates | state	32	32
Number of operating segments | segment		1
Total assets	$ 2,049,457,000	$ 2,049,457,000	$ 1,312,288,000
Total liabilities	1,315,017,000	1,315,017,000	612,778,000
Operating lease right-of-use assets	199,729,000	199,729,000
Operating lease obligations	201,135,000	201,135,000
Finance lease asset	196,575,000	196,575,000	128,029,000
Finance lease liability	$ 330,630,000	330,630,000
Barter credits		7,700,000	5,400,000
Number of stores expected to close | store	36
Impairment of long-lived assets		6,579,000	0	$ 0
Impairment of long-lived assets, related to store closures		$ 4,300,000
Number of reporting units | item		1
Impairment of intangible assets		$ 0	0	$ 0
Advertising expenses amortization period		2 months
Adoption of new accounting principle			(582,000)
Operating Lease ROU Assets [Member]
Significant Accounting Policies [Line Items]
Impairment of long-lived assets		$ 4,400,000
Finance Lease ROU Assets [Member]
Significant Accounting Policies [Line Items]
Impairment of long-lived assets		600,000
Leasehold Improvements And Equipment [Member]
Significant Accounting Policies [Line Items]
Impairment of long-lived assets		$ 1,600,000
Accounting Standards Update 2016-02 [Member]
Significant Accounting Policies [Line Items]
Total assets			165,300,000
Total liabilities			165,900,000
Operating lease right-of-use assets			186,900,000
Operating lease obligations			174,400,000
Finance lease asset			700,000
Operating lease, asset (liability), difference in assets resulting from favorable leases			19,600,000
Operating lease, asset (liability), difference in assets resulting from unfavorable lease intangibles and deferred rent			7,200,000
Assets related to finance lease construction			11,100,000
Lease financial obligations			18,600,000
Adoption of new accounting principle			(600,000)
Stock Options [Member]
Significant Accounting Policies [Line Items]
Options award vesting period		4 years
Senior Management [Member] | Restricted Stock [Member]
Significant Accounting Policies [Line Items]
Options award vesting period		3 years
Maximum [Member] | Stock Options [Member]
Significant Accounting Policies [Line Items]
Options award vesting period		4 years
Maximum [Member] | Restricted Stock [Member]
Significant Accounting Policies [Line Items]
Options award vesting period		4 years
Minimum [Member] | Stock Options [Member]
Significant Accounting Policies [Line Items]
Options award vesting period		3 years
Minimum [Member] | Restricted Stock [Member]
Significant Accounting Policies [Line Items]
Options award vesting period		3 years
Buildings and Improvements [Member] | Maximum [Member]
Significant Accounting Policies [Line Items]
Useful lives		39 years
Buildings and Improvements [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Useful lives		10 years
Machinery, Fixtures And Equipment [Member] | Maximum [Member]
Significant Accounting Policies [Line Items]
Useful lives		15 years
Machinery, Fixtures And Equipment [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Useful lives		3 years
Vehicles [Member] | Maximum [Member]
Significant Accounting Policies [Line Items]
Useful lives		10 years
Vehicles [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Useful lives		5 years
Computer Hardware And Software [Member] | Maximum [Member]
Significant Accounting Policies [Line Items]
Useful lives		7 years
Computer Hardware And Software [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Useful lives		3 years
Leased Stores [Member] | Accounting Standards Update 2016-02 [Member]
Significant Accounting Policies [Line Items]
Finance lease asset			8,400,000
Finance lease liability			$ 16,600,000

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) $ in Thousands	12 Months Ended
	Mar. 28, 2020USD ($)storeproperty	Mar. 30, 2019USD ($)storeproperty
Business Acquisition [Line Items]
Store acquisitions related to acquisition growth strategy | property	5
Total consideration transferred | $	$ 103,600	$ 61,700
Costs related to completed acquisitions | $	1,400	600
Sales for acquired entities | $	59,300	49,100
Net income (loss) for acquired entities | $	(3,900)	(500)
Change in estimates, inventories | $	(300)
Change in estimates, property, plant and equipment | $	100
Change in estimates, finance lease assets | $	(800)
Change in estimates, intangible assets | $	(300)
Change in estimates, long-term deferred income tax assets | $	(300)
Change in estimates, current portion of finance leases and financing obligations | $	200
Change in estimates, long-term finance leases and financing obligations | $	(2,400)
Adjustments to goodwill related to purchase accounting | $	$ (590)	$ 487
Maximum [Member]
Business Acquisition [Line Items]
Store acquisitions related to greenfield store growth strategy | property	4
Minimum [Member]
Business Acquisition [Line Items]
Store acquisitions related to greenfield store growth strategy | property	1
Nevada Tire Holdings, LLC and Idaho Tire Holdings, LLC [Member]
Business Acquisition [Line Items]
Acquisition date	Nov. 17, 2019
Number of stores acquired	18
Number of stores yet to open	1
S & S Unlimited, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Oct. 27, 2019
Number of stores acquired	6
Lloyd’s Tire Service, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Oct. 27, 2019
Number of stores acquired	3
Atlas Tire Center, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Aug. 25, 2019
Number of stores acquired	1
LRZ3 Auto, LLC. [Member]
Business Acquisition [Line Items]
Acquisition date	Aug. 25, 2019
Number of stores acquired	2
T-Boy's Tire and Automotive, LLC. [Member]
Business Acquisition [Line Items]
Acquisition date	Aug. 25, 2019
Number of stores acquired	1
Twin Tire & Auto Care, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Aug. 25, 2019
Number of stores acquired	2
Twin Tire & Auto Care Team, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Aug. 25, 2019
Number of stores acquired	1
Scotty's Tire & Automotive, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Aug. 25, 2019
Number of stores acquired	1
BAW LLC [Member]
Business Acquisition [Line Items]
Acquisition date	Jun. 23, 2019
Number of stores acquired	2
Certified Tire And Service Centers, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	May 19, 2019
Number of stores acquired	40
Number of distribution centers acquired | property	1
Allied Discount Tire And Brake, Inc [Member]
Business Acquisition [Line Items]
Acquisition date	Mar. 31, 2019
Number of stores acquired	12
R.A. Johnson, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Jan. 13, 2019
Number of stores acquired		13
Colony Tire Corporation [Member]
Business Acquisition [Line Items]
Acquisition date	Dec. 9, 2018
Number of stores acquired		2
Jeff Pohlman Tire & Auto Service, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Nov. 4, 2018
Number of stores acquired		5
Quality Tire and Auto, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Oct. 14, 2018
Number of stores acquired		1
Walton’s Automotive, LLC. [Member]
Business Acquisition [Line Items]
Acquisition date	Sep. 23, 2018
Number of stores acquired		1
C&R Auto Service, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Sep. 16, 2018
Number of stores acquired		1
Steele-Guiltner, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Sep. 9, 2018
Number of stores acquired		4
Mayfair Tire & Service Center, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Jul. 15, 2018
Number of stores acquired		1
Sawyer Tire, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Jul. 8, 2018
Number of stores acquired		8
Free Service Tire Company, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	May 13, 2018
Number of stores acquired		12
Number of retread centers acquired | property		1
Number of wholesale centers acquired | property		4
Liberty Auto Group, Inc. [Member]
Business Acquisition [Line Items]
Acquisition date	Apr. 1, 2018
Number of stores acquired		4
Fiscal 2019 Acquisitions [Member]
Business Acquisition [Line Items]
Total consideration transferred | $		$ 61,654
Fiscal 2020 Acquisitions [Member]
Business Acquisition [Line Items]
Total consideration transferred | $	$ 103,622

Acquisitions (Schedule Of Purch

Acquisitions (Schedule Of Purchase Price Allocation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Purchase price of acquisitions allocation
Total consideration transferred	$ 103,600	$ 61,700
Goodwill	671,843	565,503	$ 522,892
Fiscal 2019 Acquisitions [Member]
Purchase price of acquisitions allocation
Trade receivables		1,674
Inventories		8,968
Other current assets		316
Property, plant and equipment		8,583
Finance lease and financing obligation assets, net		7,546
Intangible assets		9,615
Other non-current assets		21
Long-term deferred income tax assets		2,719
Total assets acquired		39,442
Current portion of long-term debt, finance leases and financing obligations		1,651
Deferred revenue		445
Other current liabilities		540
Long-term finance leases and financing obligations		16,048
Other long-term liabilities		637
Total liabilities assumed		19,321
Total net identifiable assets acquired (liabilities assumed)		20,121
Total consideration transferred		61,654
Less: total net identifiable assets acquired (liabilities assumed)		20,121
Goodwill		$ 41,533
Fiscal 2020 Acquisitions [Member]
Purchase price of acquisitions allocation
Inventories	4,469
Other current assets	706
Property, plant and equipment	2,367
Finance lease and financing obligation assets, net	29,147
Operating lease assets, net	42,680
Intangible assets	2,847
Other non-current assets	305
Long-term deferred income tax assets	4,875
Total assets acquired	87,396
Current portion of long-term debt, finance leases and financing obligations	2,672
Current portion of operating lease liabilities	4,416
Deferred revenue	1,618
Other current liabilities	358
Long-term finance leases and financing obligations	36,225
Long-term operating lease liabilities	43,668
Other long-term liabilities	1,747
Total liabilities assumed	90,704
Total net identifiable assets acquired (liabilities assumed)	(3,308)
Total consideration transferred	103,622
Less: total net identifiable assets acquired (liabilities assumed)	(3,308)
Goodwill	$ 106,930

Acquisitions (Schedule Of Intan

Acquisitions (Schedule Of Intangible Assets Acquired) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Customer Lists [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 2,847
Weighted average useful life	7 years
Fiscal 2019 Acquisitions [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets		$ 9,615
Weighted average useful life	11 years
Fiscal 2019 Acquisitions [Member] | Customer Lists [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets		6,042
Weighted average useful life	13 years
Fiscal 2019 Acquisitions [Member] | Favorable Leases [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets		3,173
Weighted average useful life	10 years
Fiscal 2019 Acquisitions [Member] | Trade Names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets		$ 400
Weighted average useful life	2 years

Other Current Assets (Details)

Other Current Assets (Details) - USD ($) $ in Thousands	Mar. 28, 2020	Mar. 30, 2019
Composition of other current assets
Vendor rebates receivable	$ 16,232	$ 14,169
Other	24,305	28,283
Other current assets	$ 40,537	$ 42,452

Property, Plant and Equipment_2

Property, Plant and Equipment (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 39.2	$ 35.5	$ 32.3

Property, Plant and Equipment_3

Property, Plant and Equipment (Major Classifications Of Property, Plant And Equipment) (Details) - USD ($) $ in Thousands	Mar. 28, 2020	Mar. 30, 2019
Major classifications of property, plant and equipment
Property, plant and equipment	$ 682,932	$ 640,421
Less - Accumulated depreciation and amortization	354,295	327,869
Property, plant and equipment, net	328,637	312,552
Land [Member]
Major classifications of property, plant and equipment
Property, plant and equipment	84,765	85,623
Buildings and Improvements [Member]
Major classifications of property, plant and equipment
Property, plant and equipment	272,724	251,431
Equipment, Signage and Fixtures [Member]
Major classifications of property, plant and equipment
Property, plant and equipment	278,324	256,411
Vehicles [Member]
Major classifications of property, plant and equipment
Property, plant and equipment	38,356	36,393
Construction-in-Progress [Member]
Major classifications of property, plant and equipment
Property, plant and equipment	$ 8,763	$ 10,563

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 4.8	$ 5.3	$ 5
Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted average useful lives, in years	10 years
Franchise Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted average useful lives, in years	13 years
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted average useful lives, in years	5 years

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Changes In Goodwill) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Changes in goodwill
Goodwill, Beginning Balance	$ 565,503	$ 522,892
Additions to goodwill from current year acquisitions	106,930	42,124
Adjustments to goodwill related to purchase accounting	(590)	487
Goodwill, Ending Balance	$ 671,843	$ 565,503

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Composition of other intangible assets) (Details) - USD ($) $ in Thousands	Mar. 28, 2020	Mar. 30, 2019
Composition of other intangible assets
Gross carrying amount	$ 71,573	$ 99,087
Accumulated amortization	41,792	47,980
Customer Lists [Member]
Composition of other intangible assets
Gross carrying amount	42,511	39,710
Accumulated amortization	26,333	23,258
Favorable Leases [Member]
Composition of other intangible assets
Gross carrying amount		30,315
Accumulated amortization		11,049
Trade Names [Member]
Composition of other intangible assets
Gross carrying amount	21,252	21,252
Accumulated amortization	12,072	10,851
Franchise Agreements [Member]
Composition of other intangible assets
Gross carrying amount	7,220	7,220
Accumulated amortization	2,805	2,259
Other Intangible Assets [Member]
Composition of other intangible assets
Gross carrying amount	590	590
Accumulated amortization	$ 582	$ 563

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets (Estimated future amortization of intangible assets) (Details) - Customer Lists, Trade Names, Franchise Agreements and Other [Member] $ in Thousands	Mar. 28, 2020USD ($)
Estimated future amortization of intangible assets
2021	$ 4,101
2022	3,779
2023	3,523
2024	3,163
2025	$ 2,806

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details)		Jun. 11, 2020USD ($)item	Sep. 25, 2021item	Jun. 26, 2021item	Mar. 27, 2021item	Dec. 26, 2020item	Sep. 26, 2020item	Jun. 27, 2020item	Mar. 28, 2020USD ($)itementity	Feb. 29, 2020USD ($)	Mar. 30, 2019USD ($)
Debt Instrument [Line Items]
Amount outstanding under Credit Facility	[1]								$ 566,400,000		$ 137,682,000
Carrying amount of long-term debt (including current portion)									566,400,000		137,700,000
Fair value of long-term debt (including current portion)									$ 566,400,000		$ 137,700,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility term									5 years
Revolving credit facility agreement									$ 600,000,000
Revolving credit facility agreement, number of participating banks | entity									8
Credit Facility Increased Availability									$ 250,000,000
Amount outstanding under Credit Facility									566,400,000
Net availability under the credit facility									$ 0	$ 350,000,000
Interest coverage ratio | item									1.55
Revolving Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate at period end over LIBOR									1.00%		1.25%
First Amendment To Credit Facility [Member]
Debt Instrument [Line Items]
Allowable acquisitions		$ 100,000,000
Allowable dividend or distribution		38,500,000
Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Revolving credit facility agreement									$ 80,000,000
Amount outstanding under Credit Facility									$ 33,600,000
Minimum [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Percentage of fees on amount available									0.125%
Minimum [Member] | Revolving Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate over LIBOR on the facility									0.75%
Minimum [Member] | Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Percentage of fees on amount available									0.875%
Maximum [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Percentage of fees on amount available									0.35%
Maximum [Member] | Revolving Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate over LIBOR on the facility									2.00%
Maximum [Member] | Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Percentage of fees on amount available									2.125%
Forecast [Member] | First Amendment To Credit Facility [Member]
Debt Instrument [Line Items]
Debt to EBITDAR ratio | item			4.75	5	5.50	6.25	6	5.50
Subsequent Event [Member] | First Amendment To Credit Facility [Member]
Debt Instrument [Line Items]
Required liquidity		$ 275,000,000
Minimum ratio of indebtedness to EBITDAR triggering covenant relief period | item		5
Subsequent Event [Member] | Minimum [Member] | First Amendment To Credit Facility [Member]
Debt Instrument [Line Items]
Interest rate		0.75%
Subsequent Event [Member] | Minimum [Member] | First Amendment To Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate spread during debt covenant relief period		2.25%
[1]	The London Interbank Offered Rate (“LIBOR”) at March 28, 2020 was . 99 %.

Long-Term Debt (Long-Term Debt)

Long-Term Debt (Long-Term Debt) (Details) - USD ($) $ in Thousands		Mar. 28, 2020	Mar. 30, 2019
Long term Debt [Abstract]
Revolving Credit Facility, LIBOR-based	[1]	$ 566,400	$ 137,682
Note payable, non-interest bearing, due in equal installments through September 2019			40
Less – Current portion of long-term debt			(40)
Long-term debt		$ 566,400	$ 137,682
Revolving Credit Facility, January 2016 [Member]
Long term Debt [Abstract]
London Interbank Offered Rate (LIBOR)		0.99%
[1]	The London Interbank Offered Rate (“LIBOR”) at March 28, 2020 was . 99 %.

Revenue (Narrative) (Details)

Revenue (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue	$ 18,506	$ 17,150	$ 17,182
Deferred revenue, current	13,129	12,059
Deferred revenue, noncurrent	$ 5,400	$ 5,100
Minimum [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Payment term	15 days
Maximum [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Payment term	45 days
Tire Road Hazard Warranty [Member] | Minimum [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue recognition, contract term	21 months
Tire Road Hazard Warranty [Member] | Maximum [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue recognition, contract term	36 months

Revenue (Narrative) (Performanc

Revenue (Narrative) (Performance Obligation) (Details) $ in Millions	Mar. 28, 2020USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-03-29
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue, performance obligation	$ 13.1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-03-28
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue, performance obligation	$ 5.4

Revenue (Schedule Of Changes In

Revenue (Schedule Of Changes In Deferred Revenue) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Revenue [Abstract]
Balance	$ 17,150	$ 17,182
Deferral of revenue	17,466	16,702
Deferral of revenue from acquisitions	2,916	753
Recognition of revenue	(19,026)	(17,487)
Balance	$ 18,506	$ 17,150

Revenue (Schedule Of Disaggrega

Revenue (Schedule Of Disaggregated Revenue By Product Group) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Revenue	$ 1,256,524	$ 1,200,230	$ 1,127,815
Brakes [Member]
Disaggregation of Revenue [Line Items]
Revenue	169,138	162,709	146,082
Exhaust [Member]
Disaggregation of Revenue [Line Items]
Revenue	25,058	28,713	26,969
Steering [Member]
Disaggregation of Revenue [Line Items]
Revenue	100,230	95,711	94,391
Tires [Member]
Disaggregation of Revenue [Line Items]
Revenue	634,513	601,295	560,398
Maintenance [Member]
Disaggregation of Revenue [Line Items]
Revenue	324,494	308,668	296,658
Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 3,091	$ 3,134	$ 3,317

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 28, 2020	Mar. 31, 2018	Mar. 30, 2019	Mar. 25, 2017
CARES Act, Estimated bonus deprecidation		$ 17,000
State net operating loss carryforwards available		$ 6,700
Carryforward expiration period		Dec. 31, 2040
Tax Act	[1]		$ 4,707
Unrecognized tax benefits		$ 5,212	$ 6,209	$ 6,424	$ 6,892
Interest and penalties accrued related to unrecognized tax benefits		$ 300		$ 400
Maximum [Member]
Fiscal years under examination		2019
Minimum [Member]
Fiscal years under examination		2018
[1]	Represents the net discrete adjustment to income tax expense primarily from the remeasurement of our net deferred tax assets at the lower U.S. corporate income tax rate.

Income Taxes (Components of the

Income Taxes (Components of the provision for income taxes) (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Current -
Federal		$ 2,783	$ 5,682	$ 20,854
State		1,994	2,409	3,180
Total		4,777	8,091	24,034
Deferred -
Federal		11,397	11,563	15,153
State		76	954	332
Total		11,473	12,517	15,485	[1]
Income tax expense, total		$ 16,250	$ 20,608	39,519
Effect of change in tax rate	[2]			$ 4,707
[1]	For fiscal 2018, includes $ 4.7 million related to the Tax Cuts and Jobs Act of 2017 (“Tax Act”).
[2]	Represents the net discrete adjustment to income tax expense primarily from the remeasurement of our net deferred tax assets at the lower U.S. corporate income tax rate.

Income Taxes (Deferred tax (lia

Income Taxes (Deferred tax (liabilities) assets) (Details) - USD ($) $ in Thousands	Mar. 28, 2020	Mar. 30, 2019
Deferred tax (liabilities) assets
Lease liabilities	$ (131,484)	$ (62,485)
Goodwill	(47,204)	(39,020)
Property and equipment	(18,232)	(12,036)
Other	(1,288)	(429)
Total deferred tax liabilities	(198,208)	(113,970)
Lease assets	169,366	94,244
Insurance reserves	10,192	9,071
Warranty and other reserves	4,317	3,360
Loss carryforwards	3,602	2,507
Other	6,846	6,954
Total deferred tax assets	194,323	116,136
Net deferred tax liabilities	$ (3,885)
Net deferred tax assets		$ 2,166

Income Taxes (Reconciliation be

Income Taxes (Reconciliation between Federal statutory tax rate and effective tax rate reflected in accompanying financial statements) (Details) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended	12 Months Ended
		Mar. 31, 2018	Dec. 23, 2017	Mar. 28, 2020		Mar. 30, 2019		Mar. 31, 2018
Reconciliation between Federal statutory tax rate and effective tax rate reflected in accompanying financial statements
Federal income tax based on statutory tax rate applied to income before taxes	[1]			$ 15,597		$ 21,076		$ 32,692
State income tax, net of federal income tax benefit				1,374		2,767		2,218
Tax Act	[2]							4,707
Tax settlements and adjustments						(1,864)
Other				(721)		(1,371)		(98)
Income tax expense, total				$ 16,250		$ 20,608		$ 39,519
Federal income tax based on statutory tax rate applied to income before taxes, percentage		21.00%	35.00%	21.00%	[1]	21.00%	[1]	31.60%	[1]
State income tax, net of federal income tax benefit, percentage				1.90%		2.80%		2.10%
Tax act, percentage	[2]							4.50%
Tax settlements and adjustments, percentage						(1.90%)
Other, percentage				(1.00%)		(1.40%)
Income tax expense, percentage				21.90%		20.50%		38.20%
[1]	For fiscal 2018, represents the blended rate of 35 % for 9/12 of the year and 21 % for 3/12 of the year.
[2]	Represents the net discrete adjustment to income tax expense primarily from the remeasurement of our net deferred tax assets at the lower U.S. corporate income tax rate.

Income Taxes (Income taxes asso

Income Taxes (Income taxes associated with unrecognized tax benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Income taxes associated with unrecognized tax benefits
Unrecognized Tax Benefits, Beginning Balance	$ 6,424	$ 6,209	$ 6,892
Tax positions related to current year:
Additions	644	1,178	447
Reductions
Tax positions related to prior years:
Additions		166
Reductions	(30)	(6)	(342)
Settlements
Lapses in statutes of limitations	(1,826)	(1,123)	(788)
Unrecognized Tax Benefits, Ending Balance	$ 5,212	$ 6,424	$ 6,209

Stock Ownership (Narrative) (De

Stock Ownership (Narrative) (Details) - $ / shares	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Stock Ownership [Abstract]
Class C convertible preferred stock, conversion value	$ 0.064	$ 0.064
Distribution amount per share of preferred stock on liquidation of company	$ 1.50
Minimum percentage of preferred stock holders approval for authorization of action	60.00%

Share Based Compensation (Narra

Share Based Compensation (Narrative) (Details) - USD ($)	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 3,813,000	$ 4,022,000	$ 2,858,000
Tax benefit from compensation expense	900,000	$ 1,000,000	$ 1,000,000
Unrecognized compensation expense related to non-vested fixed stock options	$ 5,000,000
Compensation expenses recognition period related to nonvested fixed stock options	2 years
Weighted average fair value of options granted	$ 18.92	$ 15.44	$ 8.84
Total shares exercisable	471,192	405,245	495,573
Weighted average exercise price, exercisable	$ 55.52
Options granted	129,886	123,627	546,080
Weighted average contractual term, options outstanding	3 years 4 months 24 days	3 years 10 months 24 days
Weighted average contractual term of all options exercisable	2 years 9 months 18 days	3 years 2 months 12 days
Aggregate intrinsic value, options outstanding	$ 0	$ 26,600,000
Aggregate intrinsic value of all options exercisable	0	12,200,000
Fair value of awards vested under the Company's stock plans	$ 2,000,000	$ 2,800,000	$ 1,400,000
Aggregate intrinsic value, Company's closing stock price	$ 40.01	$ 86.52	$ 53.60
Aggregate intrinsic value of options exercised	$ 2,900,000	$ 7,400,000	$ 2,800,000
Cash received from stock option exercises	6,171,000	14,640,000	4,816,000
Tax benefit from option exercises	$ 400,000	$ 1,000,000	$ 500,000
Closing stock price	$ 40.01	$ 86.52
Aggregate intrinsic value	$ 2,200,000	$ 5,000,000
Market Condition Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted	0	0	100,000
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of employee options	4 years
Employee options term	6 years
Stock Options [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of employee options	3 years
Stock Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of employee options	4 years
Restricted Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of employee options	3 years
Restricted Stock [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of employee options	4 years
Incentive Stock Option Plan 2007 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock shares initially reserved for future issuance	873,000
Common shares authorized for issuance	5,001,620
Options available for grant	929,360
Senior Management [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of employee options	3 years

Share Based Compensation (Weigh

Share Based Compensation (Weighted average fair value of options assumptions) (Details)	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Service Condition Options [Member]
Weighted average fair value of options granted
Risk-free interest rate	1.85%	2.81%	1.78%
Expected life, in years	4 years	4 years	4 years
Expected volatility	30.40%	28.30%	26.10%
Expected dividend yield	1.12%	1.24%	1.49%
Market Condition Options [Member]
Weighted average fair value of options granted
Risk-free interest rate			1.65%
Expected life, in years	4 years
Expected volatility			29.40%
Expected dividend yield			1.53%

Share Based Compensation (Summa

Share Based Compensation (Summary of changes in outstanding stock options) (Details) - $ / shares	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Summary of changes in outstanding stock options
Weighted average exercise price, beginning of period	$ 55.45	$ 51.95	$ 51.67
Weighted average exercise price, granted	78.92	65.32	48.12
Weighted average exercise price, exercised	55.26	50.75	35
Weighted average exercise price, canceled	62.07	58.12	60.87
Weighted average exercise price, end of period	$ 58.55	$ 55.45	$ 51.95
Options outstanding, beginning balance	874,905	1,207,978	896,344
Options outstanding, granted	129,886	123,627	546,080
Options outstanding, exercised	(113,706)	(331,182)	(170,354)
Options outstanding, canceled	(88,319)	(125,518)	(64,092)
Options outstanding, ending balance	802,766	874,905	1,207,978

Share Based Compensation (A sum

Share Based Compensation (A summary of the status of and changes in nonvested stock options granted) (Details) - $ / shares	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
A summary of the status of and changes in nonvested stock options granted
Non-vested, shares, beginning balance	469,660	712,405	333,235
Granted, shares	129,886	123,627	546,080
Vested, shares	(185,226)	(314,054)	(119,445)
Canceled, shares	(82,746)	(52,318)	(47,465)
Non-vested, shares, ending balance	331,574	469,660	712,405
Weighted average grant date fair value, beginning of period	$ 11.46	$ 9.72	$ 12.37
Weighted average grant date fair value, granted	18.92	15.44	8.84
Weighted average grant date fair value, vested	10.93	8.94	12.04
Weighted average grant date fair value, canceled	14.03	12.30	12.53
Weighted average grant date fair value, end of period	$ 14.03	$ 11.46	$ 9.72

Share Based Compensation (Sum_2

Share Based Compensation (Summary Of Stock Options Outstanding) (Details)	12 Months Ended
	Mar. 28, 2020$ / sharesshares
Exercise Price Range One [Member]
Summarizes information about fixed stock options outstanding
Range of exercise price, lower limit	$ 43.99
Range of exercise price, upper limit	$ 46.99
Options outstanding, shares under option | shares	5,500
Options outstanding, weighted average remaining life	3 years 7 months 13 days
Options outstanding, weighted average exercise price	$ 44.82
Options exercisable, shares under option | shares	2,500
Options exercisable, weighted average exercise price	$ 44.90
Exercise Price Range Two [Member]
Summarizes information about fixed stock options outstanding
Range of exercise price, lower limit	47
Range of exercise price, upper limit	$ 48.28
Options outstanding, shares under option | shares	328,043
Options outstanding, weighted average remaining life	3 years 4 months 13 days
Options outstanding, weighted average exercise price	$ 47.25
Options exercisable, shares under option | shares	211,923
Options exercisable, weighted average exercise price	$ 47.21
Exercise Price Range Three [Member]
Summarizes information about fixed stock options outstanding
Range of exercise price, lower limit	48.29
Range of exercise price, upper limit	$ 64.99
Options outstanding, shares under option | shares	168,316
Options outstanding, weighted average remaining life	1 year 11 months 12 days
Options outstanding, weighted average exercise price	$ 57.77
Options exercisable, shares under option | shares	122,889
Options exercisable, weighted average exercise price	$ 58.58
Exercise Price Range Four [Member]
Summarizes information about fixed stock options outstanding
Range of exercise price, lower limit	65
Range of exercise price, upper limit	$ 88.63
Options outstanding, shares under option | shares	300,907
Options outstanding, weighted average remaining life	4 years 2 months 12 days
Options outstanding, weighted average exercise price	$ 71.56
Options exercisable, shares under option | shares	133,880
Options exercisable, weighted average exercise price	$ 66.07

Share Based Compensation (Sum_3

Share Based Compensation (Summary Of Restricted Stock) (Details) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Nonvested	58,226	61,875
Shares, Granted	31,128	17,572
Shares, Vested	(22,499)	(20,386)
Shares, Forfeited	(11,125)	(835)
Shares, Nonvested	55,730	58,226
Weighted-average grant-date fair value per share, Nonvested	$ 53.57	$ 47.59
Weighted-average grant-date fair value per share, Granted	75.33	67.80
Weighted-average grant-date fair value per share, Vested	51.61	47.53
Weighted-average grant-date fair value per share, Forfeited	61.38	57.45
Weighted-average grant-date fair value per share, Nonvested	$ 64.96	$ 53.57
Weighted average remaining vesting period (in years)	1 year 9 months 10 days	1 year 8 months 8 days

Earnings Per Common Share (Narr

Earnings Per Common Share (Narrative) (Details) - shares shares in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Earnings Per Common Share [Abstract]
Antidilutive securities excluded from computation of earnings per share	177	146	1,091

Earnings Per Common Share (Reco

Earnings Per Common Share (Reconciliation Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		12 Months Ended
		Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Numerator for earnings per common share calculation:
Net income		$ 58,024	$ 79,752	$ 63,935
Less: Preferred stock dividends	[1]	(449)	(408)	(368)
Income available to common shareholders		$ 57,575	$ 79,344	$ 63,567
Denominator for earnings per common share calculation:
Weighted average common shares, basic		33,246	32,980	32,767
Effect of dilutive securities:
Preferred stock		510	510	510
Weighted average common shares, diluted		33,953	33,675	33,341
Basic earnings per common share:		$ 1.73	$ 2.41	$ 1.94
Diluted earnings per common share:		$ 1.71	$ 2.37	$ 1.92
Stock Options [Member]
Effect of dilutive securities:
Share based payment arrangements (in shares)		167	154	56
Restricted Stock [Member]
Effect of dilutive securities:
Share based payment arrangements (in shares)		30	31	8
[1]	Dividends paid per share or share equivalent were $ 0.88 , $ 0.80 and $ 0.72 , respectively, for the years ended March 28, 2020, March 30, 2019 and March 31, 2018.

Leasing (Narrative) (Details)

Leasing (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Sale Leaseback Transaction [Line Items]
Finance lease and financing obligation assets, net	$ 196,575	$ 128,029
Long-term finance leases and financing obligations	298,373	$ 238,089
Operating lease payments, related to options to extend, reasonably certain of being exercised	74,500
Finance lease payments, related to options to extend, reasonable certain of being exercised	115,800
Lease payments, leases signed but not yet commenced	11,900
Failed Sale Leasebacks That Were Assumed Through Acquisitions [Member]
Sale Leaseback Transaction [Line Items]
Finance lease and financing obligation assets, net	4,500
Long-term finance leases and financing obligations	$ 7,500
Minimum [Member]
Sale Leaseback Transaction [Line Items]
Remaining lease term	1 year
Option to extend, term of option	1 year
Maximum [Member]
Sale Leaseback Transaction [Line Items]
Remaining lease term	38 years
Option to extend, term of option	30 years

Leasing (Schedule Of Operating

Leasing (Schedule Of Operating And Finance Lease Costs) (Details) $ in Thousands	12 Months Ended
	Mar. 28, 2020USD ($)
Leasing [Abstract]
Operating lease cost	$ 38,525
Amortization of assets	21,033
Interest on liabilities	21,330
Short term and variable lease cost	2,194
Sublease income	(166)
Total lease cost	$ 82,916

Leasing (Schedule Of Previous A

Leasing (Schedule Of Previous Accounting Standard Disclosures) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Leasing [Abstract]
Gross rental expense	$ 38,024	$ 39,003
Sublease rental income	(64)	(149)
Rental expense, net	37,960	38,854
Amortization of finance (capital) lease assets	$ 14,721	$ 12,026

Leasing (Schedule Of Supplement

Leasing (Schedule Of Supplemental Cash Flow Information Related To Leases) (Details) $ in Thousands	12 Months Ended
	Mar. 28, 2020USD ($)
Leasing [Abstract]
Operating cash flows from operating leases	$ 36,808
Operating cash flows from finance leases/financing obligations	21,340
Financing cash flows from finance leases/financing obligations	$ 27,212

Leasing (Schedule Of Weighted A

Leasing (Schedule Of Weighted Average Remaining Lease Terms And Discount Rates) (Details)	Mar. 28, 2020
Operating Leases
Weighted average remaining lease term, in years	9 years 4 months 24 days
Weighted average discount rate	3.51%
Finance Leases and Financing Obligations
Weighted average remaining lease term, in years	9 years 10 months 24 days
Weighted average discount rate	8.73%

Leasing (Schedule Of Future Mat

Leasing (Schedule Of Future Maturities of Lease Liabilities) (Details) $ in Thousands	Mar. 28, 2020USD ($)
Operating Leases:
2021	$ 36,590
2022	33,321
2023	29,253
2024	24,778
2025	21,448
Thereafter	93,232
Total undiscounted lease obligations	238,622
Less: imputed interest	(37,487)
Net lease obligation	201,135
Finance Leases and Financing Obligations:
2021	52,480	[1]
2022	52,270
2023	53,607
2024	45,794
2025	42,072
Thereafter	214,964	[1]
Total undiscounted lease obligations	461,187	[1]
Less: imputed interest	(130,557)
Net lease obligation	$ 330,630
[1]	Operating and finance lease commitments represent future undiscounted lease payments and include $ 74.5 million and $ 115.8 million, respectively, related to options to extend lease terms that are reasonably certain of being exercised. See Note 12.

Employee Retirement and Profi_3

Employee Retirement and Profit Sharing Plans (Narrative) (Details)	12 Months Ended
	Mar. 28, 2020USD ($)item	Mar. 30, 2019USD ($)	Mar. 31, 2018USD ($)
Defined Benefit Plan Disclosure [Line Items]
Minimum term criteria for availing defined benefit plans	1 year
Minimum age criteria for availing defined benefit plans | item	21
Charges to expense for the Company's matching contributions	$ 1,700,000	$ 1,400,000	$ 1,000,000
Total liability, Deferred Compensation Plan	2,200,000	$ 2,000,000
Expected contributions for fiscal 2021	$ 0
Fixed Income Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Company's general target allocation for the plan	40.00%
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Company's general target allocation for the plan	60.00%

Employee Retirement and Profi_4

Employee Retirement and Profit Sharing Plans (Funded status of plan) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Change in Plan Assets:
Fair value of plan assets at beginning of year	$ 20,838	$ 20,629
Actual (loss) return on plan assets	(1,507)	929
Benefits paid	(720)	(720)
Fair value of plan assets at end of year	18,611	20,838	$ 20,629
Change in Projected Benefit Obligation:
Benefit obligation at beginning of year	20,972	20,606
Interest cost	752	781	796
Actuarial loss	642	305
Benefits paid	(720)	(720)
Benefit obligation at end of year	21,646	20,972	$ 20,606
Underfunded status of plan	$ (3,035)	$ (134)

Employee Retirement and Profi_5

Employee Retirement and Profit Sharing Plans (Amounts recognized in accumulated other comprehensive loss) (Details) - USD ($) $ in Thousands	Mar. 28, 2020	Mar. 30, 2019
Employee Retirement and Profit Sharing Plans [Abstract]
Unamortized transition obligation
Unamortized prior service cost
Unamortized net loss	9,174	6,057
Total	$ 9,174	$ 6,057

Employee Retirement and Profi_6

Employee Retirement and Profit Sharing Plans (Changes in plan assets and benefit obligations recognized in other comprehensive (loss) income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Employee Retirement and Profit Sharing Plans [Abstract]
Net transition obligation
Prior service cost
Net actuarial loss	(3,117)	(382)
Total	$ (3,117)	$ (382)

Employee Retirement and Profi_7

Employee Retirement and Profit Sharing Plans (Components of pension income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Employee Retirement and Profit Sharing Plans [Abstract]
Interest cost on projected benefit obligation	$ 752	$ 781	$ 796
Expected return on plan assets	(1,423)	(1,409)	(1,416)
Amortization of unrecognized actuarial loss	455	403	336
Net pension income	$ (216)	$ (225)	$ (284)

Employee Retirement and Profi_8

Employee Retirement and Profit Sharing Plans (Weighted average assumptions used to determine benefit obligations) (Details)	Mar. 28, 2020	Mar. 30, 2019
Employee Retirement and Profit Sharing Plans [Abstract]
Discount rate	3.34%	3.72%

Employee Retirement and Profi_9

Employee Retirement and Profit Sharing Plans (Weighted average assumptions used to determine net periodic pension costs) (Details)	12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Employee Retirement and Profit Sharing Plans [Abstract]
Discount rate	3.72%	3.89%	3.98%
Expected long-term return on assets	7.00%	7.00%	7.00%

Employee Retirement and Prof_10

Employee Retirement and Profit Sharing Plans (Company's asset allocations by asset category) (Details)	Mar. 28, 2020	Mar. 30, 2019
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	100.00%	100.00%
Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	4.10%	1.80%
Fixed Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	37.90%	38.50%
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	58.00%	59.70%

Employee Retirement and Prof_11

Employee Retirement and Profit Sharing Plans (Fair value measurement information for the Company's major categories of defined benefit plan assets) (Details) - USD ($) $ in Thousands	Mar. 28, 2020	Mar. 30, 2019	Mar. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	$ 18,611	$ 20,838	$ 20,629
U.S. Companies Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	7,666	9,179
International Companies Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	3,137	3,256
U.S. Corporate Bonds Fixed Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	6,686	7,888
International Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	361	138
Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	761	377
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	10,520	12,081
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Companies Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	7,383	8,825
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | International Companies Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	3,137	3,256
Significant Other Observable Inputs (Level 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	8,091	8,757
Significant Other Observable Inputs (Level 2) [Member] | U.S. Companies Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	283	354
Significant Other Observable Inputs (Level 2) [Member] | U.S. Corporate Bonds Fixed Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	6,686	7,888
Significant Other Observable Inputs (Level 2) [Member] | International Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	361	138
Significant Other Observable Inputs (Level 2) [Member] | Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets	761	377
Significant Unobservable Inputs (Level 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets
Significant Unobservable Inputs (Level 3) [Member] | U.S. Companies Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets
Significant Unobservable Inputs (Level 3) [Member] | International Companies Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets
Significant Unobservable Inputs (Level 3) [Member] | U.S. Corporate Bonds Fixed Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets
Significant Unobservable Inputs (Level 3) [Member] | International Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets
Significant Unobservable Inputs (Level 3) [Member] | Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurement of defined benefit plan assets

Employee Retirement and Prof_12

Employee Retirement and Profit Sharing Plans (Pension benefit payments) (Details) $ in Thousands	Mar. 28, 2020USD ($)
Employee Retirement and Profit Sharing Plans [Abstract]
2021	$ 1,072
2022	1,122
2023	1,154
2024	1,158
2025	1,198
2026-2030	$ 6,384

Commitments and Contingencies_2

Commitments and Contingencies (Narrative) (Details) $ in Thousands	12 Months Ended
	Mar. 31, 2018USD ($)
Commitments and Contingencies [Abstract]
Litigation settlement	$ 1,950

Commitments and Contingencies_3

Commitments and Contingencies (Schedule Of Payments Due By Period) (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 28, 2020	Mar. 30, 2019
Commitments and Contingencies [Abstract]
Principal payments on long-term debt, Total		$ 566,400	$ 137,700
Principal payments on long-term debt, 4 to 5 years		566,400
Total undiscounted lease obligations	[1]	461,187
Finance lease commitments/financing obligations, Within 1 Year	[1]	52,480
Finance lease commitments/financing obligations, 2 to 3 Years	[1]	105,877
Finance lease commitments/financing obligations, 4 to 5 Years	[1]	87,866
Finance lease commitments/financing obligations, After 5 Years	[1]	214,964
Total Operating lease commitments	[1]	238,622
Operating lease commitments, Within 1 year	[1]	36,590
Operating lease commitments, 2 to 3 years	[1]	62,574
Operating lease commitments, 4 to 5 years	[1]	46,226
Operating lease commitments, After 5 years	[1]	93,232
Other liabilities, Total		1,933
Other liabilities, Within 1 year		800
Other liabilities, 2 to 3 years		1,133
Contractual commitments, Total		1,268,142
Contractual commitments, Within 1 year		89,870
Contractual commitments, 2 to 3 years		169,584
Contractual commitments, 4 to 5 years		700,492
Contractual commitments, After 5 years		308,196
Operating lease payments, related to options to extend, reasonably certain of being exercised		74,500
Finance lease payments, related to options to extend, reasonable certain of being exercised		$ 115,800
[1]	Operating and finance lease commitments represent future undiscounted lease payments and include $ 74.5 million and $ 115.8 million, respectively, related to options to extend lease terms that are reasonably certain of being exercised. See Note 12.

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member]	1 Months Ended
	May 31, 2020$ / shares
Subsequent Event [Line Items]
Common stock cash dividends per share declared	$ 0.22
Dividends payable, date of record	Jun. 8, 2020
Cash dividend date to be paid	Jun. 22, 2020