XML 114 R100.htm IDEA: XBRL DOCUMENT v3.8.0.1
Guarantor and Non-Guarantor Condensed Consolidating Financial Information - Statement of Operations (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Feb. 28, 2018
Mar. 03, 2018
Dec. 02, 2017
Sep. 02, 2017
Jun. 03, 2017
Mar. 04, 2017
Nov. 26, 2016
Aug. 27, 2016
May 28, 2016
Mar. 03, 2018
Mar. 04, 2017
Feb. 27, 2016
Condensed consolidating statement of operations                        
Revenues   $ 5,394,264 $ 5,353,170 $ 5,345,011 $ 5,436,523 $ 5,903,385 $ 5,669,111 $ 5,629,559 $ 5,725,485 $ 21,528,968 $ 22,927,540 $ 20,770,237
Costs and expenses:                        
Cost of revenues   4,124,498 4,166,447 4,183,338 4,274,580 4,554,328 4,424,260 4,387,845 4,496,400 16,748,863 17,862,833 15,778,258
Selling, general and administrative expenses   1,181,964 1,166,514 1,141,844 1,160,940 1,253,144 1,168,646 1,175,430 1,179,775 4,651,262 4,776,995 4,581,171
Lease termination and impairment expenses   47,675 3,939 3,113 4,038 25,575 7,199 7,226 5,778 58,765 45,778 40,477
Interest expense   50,603 50,308 50,857 51,000 53,391 50,303 49,703 46,668 202,768 200,065 186,132
Goodwill impairment   261,727               261,727 0  
Walgreens Boots Alliance, Inc. termination fee       (325,000)           (325,000)    
Loss on debt retirements, net $ 8,180                 8,180   33,205
Gain (loss) on sale of assets, net   (5,249) 205 (14,951) (5,877) (6,261) (225) (560) 397 (25,872) (6,649) (606)
Total costs and expenses   5,661,218 5,387,413 5,039,201 5,484,681 5,880,177 5,650,183 5,619,644 5,729,018 21,572,513 22,879,022 20,618,637
Income (loss) before income taxes   (266,954) (34,243) 305,810 (48,158) 23,208 18,928 9,915 (3,533) (43,545) 48,518 151,600
Income tax expense (benefit)   216,719 (16,061) 117,450 (12,121) 48,262 (4,682) 3,879 (3,021) 305,987 44,438 49,512
Net (loss) income from continuing operations   (483,673) (18,182) 188,360 (36,037) (25,054) 23,610 6,036 (512) (349,532) 4,080 102,088
Net income (loss) from discontinued operations   1,250,745 99,213 (17,644) (39,312) 3,912 (8,600) 8,737 (4,076) 1,293,002 (27) 63,377
Net income   $ 767,072 $ 81,031 $ 170,716 $ (75,349) $ (21,142) $ 15,010 $ 14,773 $ (4,588) 943,470 4,053 165,465
Total other comprehensive income (loss)                   7,255 5,464 (1,931)
Comprehensive income                   950,725 9,517 163,534
Rite Aid Corporation (Parent Company Only)                        
Costs and expenses:                        
Interest expense                       151,862
Loss on debt retirements, net                       33,205
Equity in earnings of subsidiaries, net of tax                       (613,974)
Total costs and expenses                       (428,907)
Income (loss) before income taxes                       428,907
Net (loss) income from continuing operations                       428,907
Net income (loss) from discontinued operations                       (263,442)
Net income                       165,465
Total other comprehensive income (loss)                       (1,931)
Comprehensive income                       163,534
Subsidiary Guarantors                        
Condensed consolidating statement of operations                        
Revenues                       20,765,351
Costs and expenses:                        
Cost of revenues                       15,778,258
Selling, general and administrative expenses                       4,572,146
Lease termination and impairment expenses                       40,477
Interest expense                       34,268
Gain (loss) on sale of assets, net                       (606)
Equity in earnings of subsidiaries, net of tax                       3,972
Total costs and expenses                       20,428,515
Income (loss) before income taxes                       336,836
Income tax expense (benefit)                       49,681
Net (loss) income from continuing operations                       287,155
Net income (loss) from discontinued operations                       326,819
Net income                       613,974
Total other comprehensive income (loss)                       (1,931)
Comprehensive income                       612,043
Non-Guarantor Subsidiaries                        
Condensed consolidating statement of operations                        
Revenues                       162,620
Costs and expenses:                        
Cost of revenues                       154,838
Selling, general and administrative expenses                       11,921
Interest expense                       2
Total costs and expenses                       166,761
Income (loss) before income taxes                       (4,141)
Income tax expense (benefit)                       (169)
Net (loss) income from continuing operations                       (3,972)
Net income                       (3,972)
Comprehensive income                       (3,972)
Reportable legal entity | Rite Aid Corporation (Parent Company Only)                        
Costs and expenses:                        
Interest expense                   183,825 182,282  
Walgreens Boots Alliance, Inc. termination fee                   (325,000)    
Equity in earnings of subsidiaries, net of tax                   (1,034,775) (418,261)  
Total costs and expenses                   (1,175,950) (235,979)  
Income (loss) before income taxes                   1,175,950 235,979  
Net (loss) income from continuing operations                   1,175,950 235,979  
Net income (loss) from discontinued operations                   (232,480) (231,926)  
Net income                   943,470 4,053  
Total other comprehensive income (loss)                   7,255 5,464  
Comprehensive income                   950,725 9,517  
Reportable legal entity | Subsidiary Guarantors                        
Condensed consolidating statement of operations                        
Revenues                   21,413,734 22,821,940  
Costs and expenses:                        
Cost of revenues                   16,645,136 17,767,363  
Selling, general and administrative expenses                   4,635,531 4,763,176  
Lease termination and impairment expenses                   58,765 45,778  
Interest expense                   19,261 17,796  
Goodwill impairment                   261,727    
Gain (loss) on sale of assets, net                   (25,872) (6,649)  
Equity in earnings of subsidiaries, net of tax                   (4,072) 5,101  
Total costs and expenses                   21,590,476 22,592,565  
Income (loss) before income taxes                   (176,742) 229,375  
Income tax expense (benefit)                   313,965 43,013  
Net (loss) income from continuing operations                   (490,707) 186,362  
Net income (loss) from discontinued operations                   1,525,482 231,899  
Net income                   1,034,775 418,261  
Total other comprehensive income (loss)                   7,255 5,464  
Comprehensive income                   1,042,030 423,725  
Reportable legal entity | Non-Guarantor Subsidiaries                        
Condensed consolidating statement of operations                        
Revenues                   209,356 223,077  
Costs and expenses:                        
Cost of revenues                   197,084 213,225  
Selling, general and administrative expenses                   16,496 13,541  
Interest expense                   (318) (13)  
Total costs and expenses                   213,262 226,753  
Income (loss) before income taxes                   (3,906) (3,676)  
Income tax expense (benefit)                   (7,978) 1,425  
Net (loss) income from continuing operations                   4,072 (5,101)  
Net income                   4,072 (5,101)  
Comprehensive income                   4,072 (5,101)  
Eliminations                        
Condensed consolidating statement of operations                        
Revenues                   (94,122) (117,477) (157,734)
Costs and expenses:                        
Cost of revenues                   (93,357) (117,755) (154,838)
Selling, general and administrative expenses                   (765) 278 (2,896)
Equity in earnings of subsidiaries, net of tax                   1,038,847 413,160 610,002
Total costs and expenses                   944,725 295,683 452,268
Income (loss) before income taxes                   (1,038,847) (413,160) (610,002)
Net (loss) income from continuing operations                   (1,038,847) (413,160) (610,002)
Net income                   (1,038,847) (413,160) (610,002)
Total other comprehensive income (loss)                   (7,255) (5,464) 1,931
Comprehensive income                   $ (1,046,102) $ (418,624) $ (608,071)