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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Feb. 27, 2016
Summary of Significant Accounting Policies  
Schedule of revenues

 

                                                                                                                                                                                                     

 

 

Year Ended

 

 

 

February 27,
2016
(52 Weeks)

 

February 28,
2015
(52 Weeks)

 

March 1,
2014
(52 Weeks)

 

Retail Pharmacy segment:

 

 

 

 

 

 

 

 

 

 

Pharmacy sales

 

$

18,442,557

 

$

18,114,768

 

$

17,239,436

 

Front end sales

 

 

8,238,450

 

 

8,232,256

 

 

8,168,922

 

Other revenue

 

 

184,924

 

 

181,353

 

 

118,055

 

​  

​  

​  

​  

​  

​  

Total Retail Pharmacy segment

 

$

26,865,931

 

$

26,528,377

 

$

25,526,413

 

Pharmacy Services segment revenue

 

 

4,103,513

 

 

 

 

 

Intersegment elimination

 

 

(232,787

)

 

 

 

 

​  

​  

​  

​  

​  

​  

Total revenue

 

$

30,736,657

 

$

26,528,377

 

$

25,526,413

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

  

Schedule of principal classes of products

 

                                                                                                                                                                                    

Product Class

 

Percentage
of Sales

 

Prescription drugs

 

 

69.1 

%

Over-the-counter medications and personal care

 

 

9.8 

%

Health and beauty aids

 

 

4.8 

%

General merchandise and other

 

 

16.3 

%

 

Schedule of impact of the Company's adoption of the ASU on the prior period consolidated balance sheet

 

                                                                                                                                                                                    

 

 

As Previously
Reported

 

Adjustments

 

As Revised

 

Other assets

 

$

286,172

 

$

(85,827

)

$

200,345

 

Total assets

 

 

8,863,252

 

 

(85,827

)

 

8,777,425

 

Long-term debt, less current maturities

 

 

5,483,415

 

 

(85,827

)

 

5,397,588

 

Total liabilities

 

 

8,806,196

 

 

(85,827

)

 

8,720,369

 

Total liabilities and stockholders' equity

 

 

8,863,252

 

 

(85,827

)

 

8,777,425