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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Nov. 28, 2015
Goodwill and Other Intangible Assets  
Summary of the changes in the carrying amount of goodwill

 

 

 

 

November 28, 2015

 

 

 

Retail Pharmacy

 

Pharmacy Services

 

Total

 

Balance, February 28, 2015

 

$

76,124 

 

$

 

$

76,124 

 

Acquisition (see Note 2. Acquisition)

 

 

 

 

 

 

 

Preliminary goodwill acquired as of August 29, 2015

 

 

1,457,703 

 

1,457,703 

 

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

 

 

20,920 

 

20,920 

 

 

 

 

 

 

 

 

 

Balance, November 28, 2015

 

$

76,124 

 

$

1,478,623 

 

$

1,554,747 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

November 28, 2015

 

February 28, 2015

 

 

 

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

 

$

666,635

 

$

(505,360

)

$

161,275

 

8 years

 

$

653,377

 

$

(481,041

)

$

172,336

 

8 years

 

Prescription files

 

1,518,028

 

(1,260,081

)

257,947

 

3 years

 

1,440,154

 

(1,191,010

)

249,144

 

3 years

 

Customer relationships(a)

 

585,500

 

(30,181

)

555,319

 

17 years

 

 

 

 

 

 

CMS license

 

108,000

 

(1,872

)

106,128

 

25 years

 

 

 

 

 

 

Claims adjudication and other developed software

 

59,500

 

(3,683

)

55,817

 

7 years

 

 

 

 

 

 

Trademarks

 

15,600

 

(676

)

14,924

 

10 years

 

 

 

 

 

 

Backlog

 

12,500

 

(1,805

)

10,695

 

3 years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total finite

 

$

2,965,763

 

$

(1,803,658

)

1,162,105

 

 

 

$

2,093,531

 

$

(1,672,051

)

$

421,480

 

 

 

Trademarks

 

44,000

 

 

44,000

 

Indefinite

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

3,009,763

 

$

(1,803,658

)

$

1,206,105

 

 

 

$

2,093,531

 

$

(1,672,051

)

$

421,480

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(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.