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Stock Ownership | 12 Months Ended
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Mar. 25, 2017
Stock Ownership [Abstract] |
Stock Ownership | NOTE 8 – STOCK OWNERSHIP ﻿ A summary of the changes in the number of shares of Common Stock, Class C preferred stock and treasury stock is as follows: ﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  |  |  | Class C |  |
﻿ |  | Common |  | Convertible |  |
﻿ |  | Stock |  | Preferred |  | Treasury
﻿ |  | Shares |  | Stock Shares |  | Stock
﻿ |  | Issued |  | Issued |  | Shares
﻿Balance at March 29, 2014 |  | 37,567,902 |  | 32,500 |  | 6,076,951
﻿Stock options exercised |  | 439,635 |  |  |  | 103,538
﻿Balance at March 28, 2015 |  | 38,007,537 |  | 32,500 |  | 6,180,489
﻿Stock options exercised |  | 549,141 |  |  |  | 136,163
﻿Balance at March 26, 2016 |  | 38,556,678 |  | 32,500 |  | 6,316,652
﻿Conversion of preferred shares |  | 250,212 |  | (10,698) |  |
﻿Stock options exercised |  | 205,299 |  |  |  | 5,765
﻿Balance at March 25, 2017 |  | 39,012,189 |  | 21,802 |  | 6,322,417
﻿ Holders of at least 60% of the Class C preferred stock must approve any action authorized by the holders of Common Stock. In addition, there are certain restrictions on the transferability of shares of Class C preferred stock. In the event of a liquidation, dissolution or winding-up of Monro, the holders of the Class C preferred stock would be entitled to receive $1.50 per share out of the assets of Monro before any amount would be paid to holders of Common Stock. The conversion value of the Class C convertible preferred stock was $.064 per share at March 2 5, 201 7 and March 2 6, 201 6.

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