Goodwill and Intangibles (Tables)

12 Months Ended

Aug. 29, 2015

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 Locations		Other		Total
Net balance as of August 31, 2013	$	302,645	$	65,184	$	367,829
Goodwill adjustments⁽¹⁾		—		—		—

Net balance as of August 30, 2014		302,645		65,184		367,829
Goodwill added through acquisition⁽²⁾		24,058		—		24,058
Goodwill adjustments⁽¹⁾		—		—		—

Net balance as of August 29, 2015	$	326,703	$	65,184	$	391,887

(1)

Total accumulated goodwill impairment for both August 29, 2015 and August 30, 2014 is $18.3 million

(2)

See “Note M – Acquisition” for discussion of the acquisition completed during the first quarter of fiscal 2015

Schedule of Carrying Amounts of Intangible Assets

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


	August 29, 2015
(in thousands)	Estimated Useful Life		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Amortizing intangible assets:
Technology		3-5 years	$	10,570	$	(5,757	)	$	4,813
Noncompete agreements		5 years		1,300		(703	)		597
Customer relationships		3-10 years		49,676		(12,256	)		37,420

			$	61,546	$	(18,716	)		42,830

Non-amortizing intangible asset:
Trade names									26,900

Total intangible assets other than goodwill								$	69,730


	August 30, 2014
(in thousands)	Estimated Useful Life		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Amortizing intangible assets:
Technology		3-5 years	$	10,570	$	(3,528	)	$	7,042
Noncompete agreements		5 years		1,300		(443	)		857
Customer relationships		3-10 years		48,376		(6,007	)		42,369

			$	60,246	$	(9,978	)		50,268

Non-amortizing intangible asset:
Trade names									24,600

Total intangible assets other than goodwill								$	74,868

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 August 29, 2015, is estimated as follows:


(in thousands)	Total
2016	$	8,748
2017		8,482
2018		6,855
2019		6,203
2020		6,203
Thereafter		6,339

	$	42,830