XML 40 R32.htm IDEA: XBRL DOCUMENT
v3.20.1

Share Based Compensation (Tables) | 12 Months Ended
--- | ---
Mar. 28, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Summary of changes in outstanding stock options |
|  | Weighted |  |
|  | Average |  |
|  | Exercise |  | Options
|  | Price |  | Outstanding
At March 25, 2017 |  | $ | 51.67 |  | 896,344
Granted |  | $ | 48.12 |  | 546,080
Exercised |  | $ | 35.00 |  | (170,354)
Canceled |  | $ | 60.87 |  | (64,092)
At March 31, 2018 |  | $ | 51.95 |  | 1,207,978
Granted |  | $ | 65.32 |  | 123,627
Exercised |  | $ | 50.75 |  | (331,182)
Canceled |  | $ | 58.12 |  | (125,518)
At March 30, 2019 |  | $ | 55.45 |  | 874,905
Granted |  | $ | 78.92 |  | 129,886
Exercised |  | $ | 55.26 |  | (113,706)
Canceled |  | $ | 62.07 |  | (88,319)
At March 28, 2020 |  | $ | 58.55 |  | 802,766
A summary of the status of and changes in nonvested stock options granted |
|  |  |  | Weighted
|  |  |  | Average
|  |  |  | Grant-Date
|  |  |  | Fair Value
|  | Options |  | (per Option)
Non-vested at March 25, 2017 |  | 333,235 |  | $ | 12.37
Granted |  | 546,080 |  | $ | 8.84
Vested |  | (119,445) |  | $ | 12.04
Canceled |  | (47,465) |  | $ | 12.53
Non-vested at March 31, 2018 |  | 712,405 |  | $ | 9.72
Granted |  | 123,627 |  | $ | 15.44
Vested |  | (314,054) |  | $ | 8.94
Canceled |  | (52,318) |  | $ | 12.30
Non-vested at March 30, 2019 |  | 469,660 |  | $ | 11.46
Granted |  | 129,886 |  | $ | 18.92
Vested |  | (185,226) |  | $ | 10.93
Canceled |  | (82,746) |  | $ | 14.03
Non-vested at March 28, 2020 |  | 331,574 |  | $ | 14.03
Summary Of Stock Options Outstanding |
|  | Options Outstanding |  | Options Exercisable
|  |  |  | Weighted |  | Weighted |  |  |  | Weighted
|  |  |  | Average |  | Average |  | Shares |  | Average
Range of |  | Shares |  | Remaining |  | Exercise |  | Under |  | Exercise
Exercise Prices |  | Under Option |  | Life |  | Price |  | Option |  | Price
$43.99 - $46.99 |  | 5,500 |  | 3.62 |  | $ | 44.82 |  | 2,500 |  | $ | 44.90
$47.00 - $48.28 |  | 328,043 |  | 3.37 |  | $ | 47.25 |  | 211,923 |  | $ | 47.21
$48.29 - $64.99 |  | 168,316 |  | 1.95 |  | $ | 57.77 |  | 122,889 |  | $ | 58.58
$65.00 - $88.63 |  | 300,907 |  | 4.20 |  | $ | 71.56 |  | 133,880 |  | $ | 66.07
Summary Of Restricted Stock |
|  | Shares |  | Weighted-Average ‎Grant-Date Fair ‎Value per Share |  | Weighted ‎Average ‎Remaining ‎Vesting Period ‎(in years)
Non-vested as of March 31, 2018 |  | 61,875 |  | $ | 47.59 |  |
Granted |  | 17,572 |  | $ | 67.80 |  |
Vested |  | (20,386) |  | $ | 47.53 |  |
Forfeited |  | (835) |  | $ | 57.45 |  |
Non-vested as of March 30, 2019 |  | 58,226 |  | $ | 53.57 |  | 1.69
Granted |  | 31,128 |  | $ | 75.33 |  |
Vested |  | (22,499) |  | $ | 51.61 |  |
Forfeited |  | (11,125) |  | $ | 61.38 |  |
Non-vested as of March 28, 2020 |  | 55,730 |  | $ | 64.96 |  | 1.78
Service Condition Options [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Weighted average fair value of options assumptions |
|  | Year Ended Fiscal March
|  | 2020 |  | 2019 |  | 2018
Risk-free interest rate |  | 1.85 | % |  | 2.81 | % |  | 1.78 | %
Expected life, in years |  | 4 |  |  | 4 |  |  | 4 |
Expected volatility |  | 30.4 | % |  | 28.3 | % |  | 26.1 | %
Expected dividend yield |  | 1.12 | % |  | 1.24 | % |  | 1.49 | %
Market Condition Options [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Weighted average fair value of options assumptions |
|  |  |  |  |  |  |  | Year Ended ‎Fiscal March
|  |  |  |  |  | 2018
Risk-free interest rate |  |  |  |  |  |  |  | 1.65 | %
Expected life, in years |  |  |  |  |  |  |  | 4 |
Expected volatility |  |  |  |  |  |  |  | 29.4 | %
Expected dividend yield |  |  |  |  |  |  |  | 1.53 | %

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=mnro_ServiceConditionOptionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=mnro_MarketConditionOptionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |