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Fair Value
3 Months Ended
Jun. 27, 2015
Fair Value [Abstract]  
Fair Value

Note 5 – Fair Value

 

Long-term debt, including current portion, had a carrying amount and a fair value of $118.4 million as of June 27, 2015, as compared to a carrying amount and a fair value of $122.5 million as of March 28, 2015.  The fair value of long-term debt was estimated based on discounted cash flow analyses using either quoted market prices for the same or similar issues, or the current interest rates offered to Monro for debt with similar maturities.