Intangible Assets

9 Months Ended

Nov. 26, 2011

Intangible Assets

Intangible Assets

6. 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 November 26, 2011 and February 26, 2011.

	November 26, 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	$	625,436	$	(369,997	)	10 years	$	620,786	$	(335,692	)	10 years
Prescription files		1,234,336		(928,812	)	5 years		1,217,212		(856,129	)	6 years
Total	$	1,859,772	$	(1,298,809	)		$	1,837,998	$	(1,191,821	)

        Also included in other non-current liabilities as of November 26, 2011 and February 26, 2011 are unfavorable lease intangibles with a net carrying amount of $84,955 and $93,952 respectively. These intangible liabilities are amortized over their remaining lease terms.

        Amortization expense for these intangible assets and liabilities was $34,327 and $109,561 for the thirteen and thirty-nine week periods ended November 26, 2011, respectively. Amortization expense for these intangible assets and liabilities was $43,106 and $131,106 for the thirteen and thirty-nine week periods ended November 27, 2010, respectively. The anticipated annual amortization expense for these intangible assets and liabilities is 2012—$ 138,411; 2013—$ 114,981; 2014—$ 89,435; 2015—$ 72,323 and 2016—$ 60,995.