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Goodwill and Other Intangibles (Tables)
12 Months Ended
Mar. 04, 2017
Goodwill and Other Intangible  
Summary of the changes in the carrying amount of goodwill

 

 

Retail
Pharmacy

 

Pharmacy
Services

 

Total

 

Balance, February 28, 2015

 

$

43,492

 

$

 

$

43,492

 

Acquisition (see Note 2. Acquisition)

 

 

1,637,351

 

1,637,351

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

Balance, March 4, 2017

 

$

43,492

 

$

1,639,355

 

$

1,682,847

 

 

 

 

 

 

 

 

 

 

 

 

 

    

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

 

 

2017

 

2016

 

 

 

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

 

$

386,636

 

$

(308,766

)

$

77,870

 

7 years

 

$

382,427

 

$

(292,226

)

$

90,201

 

8 years

 

Prescription files

 

894,330

 

(764,840

)

129,490

 

3 years

 

870,759

 

(704,037

)

166,722

 

3 years

 

Customer relationships(a)

 

465,000

 

(110,653

)

354,347

 

16 years

 

465,000

 

(44,203

)

420,797

 

17 years

 

CMS license

 

57,500

 

(3,872

)

53,628

 

24 years

 

57,500

 

(1,572

)

55,928

 

25 years

 

Claims adjudication and other developed software

 

58,995

 

(14,188

)

44,807

 

6 years

 

59,000

 

(5,760

)

53,240

 

7 years

 

Trademarks

 

20,100

 

(3,383

)

16,717

 

9 years

 

20,100

 

(1,373

)

18,727

 

10 years

 

Backlog

 

11,500

 

(6,453

)

5,047

 

2 years

 

11,500

 

(2,619

)

8,881

 

3 years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total finite

 

$

1,894,061

 

$

(1,212,155

)

$

681,906

 

 

 

$

1,866,286

 

$

(1,051,790

)

$

814,496

 

 

 

Trademarks

 

33,500

 

 

33,500

 

Indefinite

 

33,500

 

 

33,500

 

Indefinite

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

1,927,561

 

$
(1,212,155

)

$
715,406

 

 

 

$
1,899,786

 

$
(1,051,790

)

$
847,996

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)     Amortized on an accelerated basis which is determined based on the remaining useful economic lives of the customer