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Earnings Per Common Share | 12 Months Ended
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Mar. 30, 2013
Earnings Per Common Share [Abstract] |
Earnings Per Common Share | NOTE 1 1 – EARNINGS PER COMMON SHARE The following is a reconciliation of basic and diluted earnings per common share for the respective years:
|  |  |  | Year Ended Fiscal March
|  |  |  | 2013 |  |  | 2012 |  |  | 2011
|  |  | (Amounts in thousands, except per share data)
Numerator for earnings per common share calculation: |  |  |  |  |  |  |  |
| Net Income | $ | 42,567 |  | $ | 54,612 |  | $ | 45,841
| Less: Preferred stock dividends |  | (304) |  |  | (266) |  |  | (213)
| Income available to common stockholders | $ | 42,263 |  | $ | 54,346 |  | $ | 45,628
Denominator for earnings per common share calculation: |  |  |  |  |  |  |  |
| Weighted average common shares, basic |  | 31,067 |  |  | 30,716 |  |  | 30,200
| Effect of dilutive securities: |  |  |  |  |  |  |  |
|  | Preferred stock |  | 760 |  |  | 760 |  |  | 760
|  | Stock options |  | 481 |  |  | 761 |  |  | 847
| Weighted average common shares, diluted |  | 32,308 |  |  | 32,237 |  |  | 31,807
Basic earnings per common share: | $ | 1.36 |  | $ | 1.77 |  | $ | 1.52
Diluted earnings per common share: | $ | 1.32 |  | $ | 1.69 |  | $ | 1.44
Th e computation of diluted earnings per common share for fiscal 2013, 2012 and 2011 excludes the effect of assumed exercise of approximately 955,000, 682,000 and 705,000 of stock options, respectively, as the exercise price of these options was greater than the average market value of Monro's Common Stock for those periods, resulting in an anti-dilutive effect on diluted earnings per share.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=16381557&loc=d3e4984-109258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 + Details
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