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Condensed Consolidated Financial Statements
 3 Months Ended
Jun. 30, 2012
Organization Consolidation And Presentation Of Financial Statements Disclosure [Abstract]  
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

Note 1 – Condensed Consolidated Financial Statements

 

       The consolidated balance sheets as of June 30, 2012 and March 31, 2012, the consolidated statements of income and comprehensive income and cash flows for the quarters ended June 30, 2012 and June 25, 2011, and the consolidated statement of changes in shareholders' equity for the quarter ended June 30, 2012, include Monro Muffler Brake, Inc. and its wholly-owned subsidiary, Monro Service Corporation (collectively, the “Company”). These unaudited condensed consolidated financial statements have been prepared by the Company. In the opinion of management, all known adjustments (consisting of normal recurring accruals or adjustments) have been made to fairly state the financial position, results of operations and cash flows for the unaudited periods presented.

 

       Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2012. The results of operations for the interim periods being reported on herein are not necessarily indicative of the operating results for the full year.

 

       The Company reports its results on a 52/53 week fiscal year with the fiscal year ending on the last Saturday in March of each year. The following are the dates represented by each fiscal period reported in these condensed financial statements:

 

       “Quarter Ended Fiscal June 2012”:               April 1, 2012 – June 30, 2012 (13 weeks)
“Quarter Ended Fiscal June 2011”:               March 27, 2011 – June 25, 2011 (13 weeks)

       

       Fiscal year 2013, ending March 30, 2013, is a 52 week year.

 

Certain reclassifications have been made to the prior year's consolidated financial statements to conform to the current year's presentation.