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Intangible Assets
6 Months Ended
Aug. 31, 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 August 31, 2013 and March 2, 2013.

 
  August 31, 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

  $ 629,870   $ (432,767 )   9 years   $ 623,541   $ (413,556 )   10 years  

Prescription files

    1,312,253     (1,070,580 )   4 years     1,286,087     (1,031,668 )   4 years  
                               

Total

  $ 1,942,123   $ (1,503,347 )       $ 1,909,628   $ (1,445,224 )      
                               

        Also included in other non-current liabilities as of August 31, 2013 and March 2, 2013 are unfavorable lease intangibles with a net carrying amount of $66,227 and $70,195 respectively. These intangible liabilities are amortized over their remaining lease terms.

        Amortization expense for these intangible assets and liabilities was $29,121 and $60,806 for the thirteen and twenty-six week periods ended August 31, 2013, respectively. Amortization expense for these intangible assets and liabilities was $30,753 and $64,829 for the thirteen and twenty-six week periods ended September 1, 2012, respectively. The anticipated annual amortization expense for these intangible assets and liabilities is 2014—$109,429; 2015—$94,365; 2016—$82,848; 2017—$69,664 and 2018—$31,864.