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Goodwill and Intangibles (Tables)
9 Months Ended
May 04, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
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)

     —           83,440         83,440   

Goodwill adjustments

     —           —           —     
  

 

 

    

 

 

    

 

 

 

Net balance as of May 4, 2013

   $ 302,645       $ 83,440       $ 386,085   
  

 

 

    

 

 

    

 

 

 

 

(1) See Note K for discussion of the acquisition completed during the thirty-six weeks ended May 4, 2013

 

Schedule of Carrying Amounts of Intangible Assets

The carrying amounts of intangible assets, which all relate to the AutoAnything acquisition, are included in Other long-term assets as follows:

 

     May 4, 2013  

(in thousands)

   Estimated
Useful  Life
     Gross  Carrying
Amount
     Accumulated
Amortization
    Net Carrying
Amount
 

Technology

     5 years       $ 9,700       $ (729   $ 8,971   

Noncompete agreement

     5 years         1,300         (98     1,202   

Customer relationships

     10 years         19,000         (716     18,284   

Tradename

     Indefinite         28,700         —          28,700   
     

 

 

    

 

 

   

 

 

 
      $ 58,700       $ (1,543   $ 57,157   
     

 

 

    

 

 

   

 

 

 
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 May 4, 2013, is estimated as follows:

 

(in thousands)

   Total  

Remainder of 2013

   $ 1,339   

2014

     4,095   

2015

     4,095   

2016

     4,095   

2017

     4,095   

Thereafter

     10,738   
  

 

 

 
   $ 28,457