Supplemental Disclosure of Cash Flow Information

12 Months Ended

Mar. 28, 2015

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 28, 2015

In connection with the fiscal 2015 acquisitions (see Note 2), liabilities were assumed as follows:



Fair value of assets acquired	$	62,184,000
Goodwill		79,316,000
Gain on bargain purchase		(386,000)
Cash paid, net of cash acquired		(84,403,000)
Amounts payable to seller		(3,507,000)
Liabilities assumed	$	53,204,000

In connection with the accounting for capital leases and financing obligations, we increased both property, plant and equipment and capital leases and financing obligations by $11,599,000.

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	$	14,330,000
Goodwill		17,673,000
Gain on bargain purchase		(217,000)
Cash paid, net of cash acquired		(27,482,000)
Liabilities assumed	$	4,304,000

Year ended March 30, 2013

In connection with the fiscal 2013 acquisitions, 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

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 Fiscal March
	2015		2014		2013
	(Dollars in thousands)
Cash paid during the year:
Interest, net	$	11,119	$	9,099	$	6,914
Income taxes, net	$	26,141	$	25,849	$	22,850