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Goodwill and Other Intangibles (Tables)
12 Months Ended
Mar. 03, 2018
Goodwill and Other Intangibles  
Summary of the changes in the carrying amount of goodwill

 

                                                                                                                                                                                    

 

 

Retail
Pharmacy

 

Pharmacy
Services

 

Total

 

Balance, February 27, 2016

 

$

43,492

 

$

1,637,351

 

$

1,680,843

 

Acquisition (see Note 2. Acquisition)

 

 

 

 

 

 

 

 

 

 

Change in goodwill resulting from changes to the final purchase price allocation

 

 

 

 

2,004

 

 

2,004

 

​  

​  

​  

​  

​  

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Balance, March 4, 2017

 

 

43,492

 

 

1,639,355

 

 

1,682,847

 

​  

​  

​  

​  

​  

​  

Goodwill impairment

 

 

 

 

(261,727

)

 

(261,727

)

​  

​  

​  

​  

​  

​  

Balance, March 3, 2018

 

$

43,492

 

$

1,377,628

 

$

1,421,120

 

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​  

​  

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​  

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Summary of the company's finite-lived and indefinite-lived intangible assets

 

                                                                                                                                                                                    

 

 

2018

 

2017

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net

 

Remaining
Weighted
Average
Amortization
Period

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net

 

Remaining
Weighted
Average
Amortization
Period

Favorable leases and other(a)

 

$

379,355

 

$

(316,798

)

$

62,557

 

7 years

 

$

386,636

 

$

(308,766

)

$

77,870

 

7 years

Prescription files

 

 

900,111

 

 

(801,706

)

 

98,405

 

3 years

 

 

894,330

 

 

(764,840

)

 

129,490

 

3 years

Customer relationships(a)

 

 

465,000

 

 

(172,635

)

 

292,365

 

15 years

 

 

465,000

 

 

(110,653

)

 

354,347

 

16 years

CMS license

 

 

57,500

 

 

(6,172

)

 

51,328

 

23 years

 

 

57,500

 

 

(3,872

)

 

53,628

 

24 years

Claims adjudication and other developed software

 

 

58,985

 

 

(22,617

)

 

36,368

 

5 years

 

 

58,995

 

 

(14,188

)

 

44,807

 

6 years

Trademarks

 

 

20,100

 

 

(5,394

)

 

14,706

 

8 years

 

 

20,100

 

 

(3,383

)

 

16,717

 

9 years

Backlog

 

 

11,500

 

 

(10,286

)

 

1,214

 

1 year

 

 

11,500

 

 

(6,453

)

 

5,047

 

2 years

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

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Total finite

 

$

1,892,551

 

$

(1,335,608

)

$

556,943

 

 

 

$

1,894,061

 

$

(1,212,155

)

$

681,906

 

 

Trademarks

 

 

33,500

 

 

 

 

33,500

 

Indefinite

 

 

33,500

 

 

 

 

33,500

 

Indefinite

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

1,926,051

 

$

(1,335,608

)

$

590,443

 

 

 

$

1,927,561

 

$

(1,212,155

)

$

715,406

 

 

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(a)          

Amortized on an accelerated basis which is determined based on the remaining useful economic lives of the customer relationships that are expected to contribute directly or indirectly to future cash flows.