Intangible Assets

3 Months Ended

Jun. 01, 2013

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 June 1, 2013 and March 2, 2013.

	June 1, 2013						March 2, 2013
	Gross Carrying Amount		Accumulated Amortization			Remaining Weighted Average Amortization Period	Gross Carrying Amount		Accumulated Amortization			Remaining Weighted Average Amortization Period
Favorable leases and other	$	626,019	$	(423,564	)	9 years	$	623,541	$	(413,556	)	10 years
Prescription files		1,294,145		(1,052,366	)	4 years		1,286,087		(1,031,668	)	4 years
Total	$	1,920,164	$	(1,475,930	)		$	1,909,628	$	(1,445,224	)

        Also included in other non-current liabilities, as of June 1, 2013 and March 2, 2013, are unfavorable lease intangibles with a net carrying amount of $67,935 and $70,195 respectively. These intangible liabilities are amortized over their remaining lease terms.

        Amortization expense for these intangible assets and liabilities was $31,685 and $34,076 for the thirteen week periods ended June 1, 2013 and June 2, 2012, respectively. The anticipated annual amortization expense for these intangible assets and liabilities is 2014—$106,305; 2015—$89,363; 2016—$78,178; 2017—$65,147 and 2018—$27,348.