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Goodwill and Intangibles (Tables)
6 Months Ended
Feb. 09, 2013
Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill are as follows:

 

(in thousands)

   Auto Parts
Stores
     Other      Total  

Net balance as of August 26, 2012

   $ 302,645       $ —         $ 302,645   

Goodwill added through acquisition (1)

     —           83,340         83,340   

Goodwill adjustments

     —           —           —     
  

 

 

    

 

 

    

 

 

 

Net balance as of February 9, 2013

   $ 302,645       $ 83,340       $ 385,985   
  

 

 

    

 

 

    

 

 

 

 

(1) See Note K for discussion of the acquisition completed during the twenty-four weeks ended February 9, 2013
Schedule of Carrying Amounts of Intangible Assets

The carrying amounts of intangible assets, which are included in Other long-term assets, are as follows:

 

     February 9, 2013  

(in thousands)

   Estimated
Useful Life
     Gross Carrying
Amount
     Accumulated
Amortization
    Net Carrying
Amount
 

Technology

     5 years       $ 9,800       $ (285   $ 9,515   

Noncompete agreement

     5 years         1,300         (38     1,262   

Customer relationships

     10 years         19,000         (277     18,723   

Tradename

     Indefinite         28,700         —          28,700   
     

 

 

    

 

 

   

 

 

 
      $ 58,800       $ (600   $ 58,200   
     

 

 

    

 

 

   

 

 

 
Schedule of Future Amortization Expense for Finite Lived Intangible Assets

Total future amortization expense for intangible assets that have finite lives, based on the existing intangible assets and their current estimated useful lives as of February 9, 2013, is estimated as follows:

 

(in thousands)

   Total  

Remainder of 2013

   $ 2,298   

2014

     4,120   

2015

     4,120   

2016

     4,120   

2017

     4,120   

Thereafter

     10,722   
  

 

 

 
   $ 29,500