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Supplemental Disclosure of Cash Flow Information
9 Months Ended
Dec. 29, 2012
Supplemental Cash Flow Information Abstract  
Cash Flow Supplemental Disclosures Text Block

Note 6 – Supplemental Disclosure of Cash Flow Information

 

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

 

Nine Months Ended December 29, 2012:

 

       In connection with the fiscal year 2013 acquisitions (see Note 2), liabilities were assumed as follows:

Fair value of assets acquired$58,041,000
Goodwill acquired 95,164,000
Cash paid, net of cash acquired (145,967,000)
   
Liabilities assumed$7,238,000

In connection with the exercise of stock options and the satisfaction of tax withholding obligations by two officers of Monro and two members of our Board of Directors, we increased current liabilities, Common Stock, paid-in capital and treasury stock by $601,000, $2,000, $2,736,000 and $3,339,000, respectively.

 

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 $2,215,000.

 

In connection with the accounting for new capital leases, we increased property, plant and equipment and long-term debt by $2,567,000.

Nine Months Ended December 24, 2011:

 

       In connection with the fiscal year 2012 acquisitions, liabilities were assumed as follows:

Fair value of assets acquired$ 7,799,000
Goodwill acquired  31,895,000
Cash paid, net of cash acquired  (37,843,000)
   
Liabilities assumed$ 1,851,000

In connection with the completion of purchase price accounting, we increased property, plant and equipment, deferred income tax asset, goodwill, intangible assets and obligations under capital leases by $1,331,000, $381,000, $325,000, $297,000 and $2,334,000, respectively.

 

In connection with the exercise of stock options and the satisfaction of tax withholding obligations by our Executive Chairman and another member of the 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.

 

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 $4,999,000.