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Supplemental Disclosure of Cash Flow Information
 12 Months Ended
Mar. 29, 2014
Supplemental Disclosure of Cash Flow Information [Abstract]  
Supplemental Disclosure Of Cash Flow Information

NOTE 14 - SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

 

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

 

Year ended March 29, 2014

 

In connection with the fiscal 2014 acquisitions (see Note 2), liabilities were assumed as follows:

 

Fair value of assets acquired$11,708,000
Goodwill 17,940,000
Gain on bargain purchase  (217,000)
Cash paid, net of cash acquired (27,518,000)
   
Liabilities assumed$1,913,000

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$ 101,926,000
Goodwill  117,602,000
Cash paid, net of cash acquired  (163,275,000)
   
Liabilities assumed$ 56,253,000

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 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 Fiscal March
  2014  2013  2012
  (Dollars in thousands)
Cash paid during the year:        
Interest, net$9,099 $6,914 $4,924
Income taxes, net$25,849 $22,850 $25,813