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Supplemental Disclosure of Cash Flow Information
 12 Months Ended
Mar. 30, 2013
Supplemental Disclosure of Cash Flow Information [Abstract]  
Supplemental Disclosure Of Cash Flow Information

NOTE 15 - SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

 

The following transactions represent non-cash investing and financing activities during the periods indicated:

 

Year ended March 30, 2013

 

In connection with the fiscal 2013 acquisitions (see Note 2), liabilities were assumed as follows:

 

Fair value of assets acquired$87,785,000
Goodwill 100,792,000
Cash paid, net of cash acquired (163,326,000)
   
Liabilities assumed$25,251,000

In connection with the recording of capital leases, we increased both property, plant and equipment and long-term debt by $2,567,000.

 

In connection with the accounting for income tax benefits related to the exercise of stock options, we decreased current liabilities and increased paid-in capital by $2,764,000.

 

In connection with the exercise of stock options and the satisfaction of tax withholding obligations by Monro's Chief Executive Officer (see Note 1), an Executive Vice President and two members of Monro's Board of Directors, we increased current liabilities, Common Stock, paid-in capital and treasury stock by $601,000, $2,000, $2,968,000 and $3,571,000, respectively.

 

In connection with the accounting for financing obligations, we increased deferred income tax asset, property, plant and equipment, goodwill, capital leases and financing obligations, other long-term liabilities by $1,164,000, $200,000, $1,899,000, $629,000 and $2,567,000, respectively and decreased intangible assets by $67,000.

Year ended March 31, 2012

 

In connection with the fiscal 2012 acquisitions (see Note 2), liabilities were assumed as follows:

Fair value of assets acquired$ 12,751,000
Goodwill  34,204,000
Cash paid, net of cash acquired  (39,243,000)
   
Liabilities assumed$ 7,712,000

In connection with the recording of capital leases, we increased both property, plant and equipment and long-term debt by $1,400,000.

 

In connection with the recording of the pension liability adjustment, we decreased other non-current assets, other comprehensive income and long-term deferred tax liabilities by $3,033,000, $1,977,000 and $1,212,000, respectively and increased other long-term liabilities by $156,000.

 

In connection with the accounting for income tax benefits related to the exercise of stock options, we decreased current liabilities and increased paid-in capital by $5,314,000.

 

In connection with the exercise of stock options and the satisfaction of tax withholding obligations by Monro's former Chief Executive Officer (see Note 1) and one member of Monro's Board of Directors, we increased current liabilities, Common Stock, paid-in capital and treasury stock by $5,485,000, $6,000, $8,685,000 and $14,176,000, respectively.

 

Year ended March 26, 2011

 

In connection with the fiscal 2011 acquisitions, liabilities were assumed as follows:

Fair value of assets acquired$ 2,616,000
Goodwill  8,169,000
Cash paid, net of cash acquired  (10,193,000)
   
Liabilities assumed$ 592,000

In connection with the recording of capital leases, we increased both property, plant and equipment and long-term debt by $1,065,000.

In connection with the accounting for income tax benefits related to the exercise of stock options, we decreased current liabilities and increased paid-in capital and long-term deferred tax liabilities by $3,538,000, $3,531,000 and $7,000, respectively.

In connection with the exercise of stock options and the satisfaction of tax withholding obligations by Monro's former Chief Executive Officer (see Note 1) and one member of Monro's Board of Directors, we increased current liabilities, Common Stock, paid-in capital and treasury stock by $1,120,000, $1,000, $606,000 and $1,727,000, respectively.

  Year Ended Fiscal March
  2013  2012  2011
  (Dollars in thousands)
Cash paid during the year:        
Interest, net$6,914 $4,924 $5,006
Income taxes, net$22,850 $25,813 $24,464