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Intangible Assets
6 Months Ended
Aug. 27, 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 August 27, 2011 and February 26, 2011.

 
  August 27, 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

  $ 623,173   $ (358,571 ) 10 years   $ 620,786   $ (335,692 ) 10 years

Prescription files

    1,228,625     (908,313 ) 5 years     1,217,212     (856,129 ) 6 years
                         

Total

  $ 1,851,798   $ (1,266,884 )     $ 1,837,998   $ (1,191,821 )  
                         

        Also included in other non-current liabilities as of August 27, 2011 and February 26, 2011 are unfavorable lease intangibles with a net carrying amount of $87,728 and $93,952 respectively. These intangible liabilities are amortized over their remaining lease terms.

        Amortization expense for these intangible assets and liabilities was $34,121 and $75,234 for the thirteen and twenty-six week periods ended August 27, 2011, respectively. Amortization expense for these intangible assets and liabilities was $43,561 and $88,001 for the thirteen and twenty-six week periods ended August 28, 2010, respectively. The anticipated annual amortization expense for these intangible assets and liabilities is 2012—$137,483; 2013—$112,876; 2014—$87,410; 2015—$70,242 and 2016—$58,908.