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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Jun. 01, 2019
Goodwill and Other Intangible Assets  
Summary of the company's finite-lived and indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 1, 2019

 

March 2, 2019

 

 

 

 

 

 

 

 

 

 

 

Remaining

 

 

 

 

 

 

 

 

 

 

Remaining

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Gross

 

 

 

 

 

 

 

Average

 

Gross

 

 

 

 

 

 

 

Average

 

 

Carrying

 

Accumulated

 

 

 

 

Amortization

 

Carrying

 

Accumulated

 

 

 

 

Amortization

 

    

Amount

    

Amortization

    

Net

    

Period

    

Amount

    

Amortization

    

Net

    

Period

Favorable leases and other(a)

 

$

180,435

 

$

(158,605)

 

$

21,830

 

3 years

 

$

370,855

 

$

(318,503)

 

$

52,352

 

7 years

Prescription files

 

 

926,101

 

 

(837,819)

 

 

88,282

 

3 years

 

 

919,749

 

 

(827,222)

 

 

92,527

 

3 years

Customer relationships(a)

 

 

388,000

 

 

(204,023)

 

 

183,977

 

12 years

 

 

388,000

 

 

(193,352)

 

 

194,648

 

13 years

CMS license

 

 

57,500

 

 

(9,047)

 

 

48,453

 

21 years

 

 

57,500

 

 

(8,472)

 

 

49,028

 

22 years

Claims adjudication and other developed software

 

 

58,985

 

 

(33,137)

 

 

25,848

 

3 years

 

 

58,985

 

 

(31,030)

 

 

27,955

 

4 years

Trademarks

 

 

20,100

 

 

(7,906)

 

 

12,194

 

6 years

 

 

20,100

 

 

(7,404)

 

 

12,696

 

7 years

Backlog

 

 

11,500

 

 

(11,500)

 

 

 —

 

0 years

 

 

11,500

 

 

(11,500)

 

 

 —

 

0 years

Total finite

 

$

1,642,621

 

$

(1,262,037)

 

 

380,584

 

 

 

$

1,826,689

 

$

(1,397,483)

 

$

429,206

 

 

Trademarks

 

 

19,500

 

 

 

 

19,500

 

Indefinite

 

 

19,500

 

 

 

 

19,500

 

Indefinite

Total

 

$

1,662,121

 

$

(1,262,037)

 

$

400,084

 

 

 

$

1,846,189

 

$

(1,397,483)

 

$

448,706

 

 


(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.