Goodwill and Intangibles (Tables)

8 Months Ended

May 05, 2018

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, 2017		$	326,703			$	65,184			$	391,887
Goodwill adjustments (1)			(24,058	)			(65,184	)			(89,242	)
Net balance as of May 5, 2018		$	302,645			$	–			$	302,645

Schedule of Carrying Amounts of Intangible Assets

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

(in thousands)	Estimated   Useful Life		Gross   Carrying   Amount			Accumulated   Amortization				Impairment (1)				Net     Carrying     Amount
Amortizing intangible assets:
Technology		3-5 years		$	10,570		$	(9,994	)		$	(576	)		$	–
Noncompete agreements		5 years			1,300			(1,223	)			(77	)			–
Customer relationships		3-10 years			49,676			(28,546	)			(10,057	)			11,073
				$	61,546		$	(39,763	)		$	(10,710	)			11,073
Non-amortizing intangible asset:
Trade name											$	(26,900	)			–
Total intangible assets other than goodwill															$	11,073

(1) See “Note L – Sale of Assets” for further discussion