Intangible Assets

3 Months Ended

May 28, 2011

Intangible Assets

Intangible Assets

5. Intangible Assets

        The Company's intangible assets are finite-lived and amortized over their useful lives. Following is a summary of the Company's amortizable intangible assets as of May 28, 2011 and February 26, 2011.

	May 28, 2011						February 26, 2011
	Gross Carrying Amount		Accumulated Amortization			Remaining Weighted Average Amortization Period	Gross Carrying Amount		Accumulated Amortization			Remaining Weighted Average Amortization Period
Favorable leases and other	$	622,712	$	(347,682	)	10 years	$	620,786	$	(335,692	)	10 years
Prescription files		1,222,305		(885,648	)	5 years		1,217,212		(856,129	)	6 years
Total	$	1,845,017	$	(1,233,330	)		$	1,837,998	$	(1,191,821	)

        Also included in other non-current liabilities as of May 28, 2011 and February 26, 2011 are unfavorable lease intangibles with a net carrying amount of $91,331 and $93,952 respectively. These intangible liabilities are amortized over their remaining lease terms.

        Amortization expense for these intangible assets and liabilities was $41,113 and $44,440 for the thirteen week periods ended May 28, 2011 and May 29, 2010, respectively. The anticipated annual amortization expense for these intangible assets and liabilities is 2012—$136,438; 2013—$111,211; 2014—$85,652; 2015—$68,419 and 2016—$57,078.