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Rite Aid Corp – ‘10-Q’ for 8/28/10 – ‘XML.R10’

On:  Thursday, 10/7/10, at 9:38am ET   ·   For:  8/28/10   ·   Accession #:  1047469-10-8476   ·   File #:  1-05742

Previous ‘10-Q’:  ‘10-Q’ on 7/6/10 for 5/29/10   ·   Next:  ‘10-Q’ on 1/6/11 for 11/27/10   ·   Latest:  ‘10-Q’ on 10/18/23 for 9/2/23   ·   13 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/07/10  Rite Aid Corp                     10-Q        8/28/10   34:2.6M                                   Toppan Merrill-FA

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    472K 
 2: EX-10.4     Material Contract                                   HTML     21K 
 3: EX-10.5     Material Contract                                   HTML     21K 
 4: EX-10.6     Material Contract                                   HTML     22K 
 5: EX-10.7     Material Contract                                   HTML     15K 
 6: EX-31.1     Certification -- §302 - SOA'02                      HTML     18K 
 7: EX-31.2     Certification -- §302 - SOA'02                      HTML     18K 
 8: EX-32       Certification -- §906 - SOA'02                      HTML     17K 
27: XML         IDEA XML File -- Definitions and References          XML     68K 
32: XML         IDEA XML File -- Filing Summary                      XML     40K 
29: XML.R1      Condensed Consolidated Balance Sheets                XML    363K 
30: XML.R2      Condensed Consolidated Balance Sheets                XML    187K 
                (Parenthetical)                                                  
19: XML.R3      Condensed Consolidated Statements of Operations      XML    268K 
22: XML.R4      Condensed Consolidated Statements of Cash Flows      XML    404K 
26: XML.R5      Basis of Presentation                                XML     33K 
25: XML.R6      Loss Per Share                                       XML     61K 
34: XML.R7      Lease Termination and Impairment Charges             XML     99K 
17: XML.R8      Income Taxes                                         XML     35K 
24: XML.R9      Sale Leaseback Transactions                          XML     32K 
16: XML.R10     Intangible Assets                                    XML     44K 
15: XML.R11     Indebtedness and Credit Agreements                   XML     81K 
18: XML.R12     Financial Instruments                                XML     42K 
28: XML.R13     Stock Options and Stock Awards                       XML     50K 
20: XML.R14     Retirement Plans                                     XML     58K 
21: XML.R15     Commitments and Contingencies                        XML     36K 
23: XML.R16     Document and Entity Information                      XML    122K 
33: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS    251K 
 9: EX-101.INS  XBRL Instance -- rad-20100828                        XML    347K 
11: EX-101.CAL  XBRL Calculations -- rad-20100828_cal                XML     97K 
12: EX-101.DEF  XBRL Definitions -- rad-20100828_def                 XML    253K 
13: EX-101.LAB  XBRL Labels -- rad-20100828_lab                      XML    676K 
14: EX-101.PRE  XBRL Presentations -- rad-20100828_pre               XML    363K 
10: EX-101.SCH  XBRL Schema -- rad-20100828                          XSD     87K 
31: ZIP         XBRL Zipped Folder -- 0001047469-10-008476-xbrl      Zip     67K 


‘XML.R10’   —   Intangible Assets


This Financial Report is an XBRL XML File.


                                                                                                                                                                                
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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="FONT-FAMILY: times"><font size="2"><b>6. Intangible Assets</b></font></p> <p style="FONT-FAMILY: times"><font size="2">        The Company's intangible assets are finite-lived and amortized over their useful lives. Following is a summary of the Company's amortizable intangible assets as August 28, 2010 and February 27, 2010. </font></p> <div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 54%; PADDING-TOP: 0pt; POSITION: relative"> <p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"150%" --></font></p> <!-- User-specified TAGGED TABLE --> <div align="center"> <table cellspacing="0" cellpadding="0" width="150%" border="0"> <tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET --> <td style="FONT-FAMILY: times" align="left"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="7"></td> <td style="FONT-FAMILY: times" width="61"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="7"></td> <td style="FONT-FAMILY: times" width="65"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="61"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="7"></td> <td style="FONT-FAMILY: times" width="61"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="7"></td> <td style="FONT-FAMILY: times" width="65"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="61"></td><!-- TABLE COLUMN WIDTHS END --></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="7"><font size="1"><b>August 28, 2010 </b></font></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="7"><font size="1"><b>February 27, 2010 </b></font></th></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Gross<br /> Carrying<br /> Amount </b></font></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br /> Amortization </b></font></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Remaining<br /> Weighted<br /> Average<br /> Amortization<br /> Period</b></font></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Gross<br /> Carrying<br /> Amount </b></font></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br /> Amortization </b></font></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Remaining<br /> Weighted<br /> Average<br /> Amortization<br /> Period</b></font></th></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times" valign="bottom"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Favorable leases and other</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">655,035</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(328,178</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">11 years</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">658,590</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(305,791</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">11 years</font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: times" valign="bottom"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Prescription files</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,209,884</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(796,611</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6 years</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,204,348</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(734,059</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6 years</font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="FONT-FAMILY: times" valign="bottom" align="right"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="FONT-FAMILY: times" valign="bottom" align="right"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times" valign="bottom"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,864,919</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,124,789</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,862,938</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,039,850</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"> </font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="FONT-FAMILY: times" valign="bottom" align="right"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="FONT-FAMILY: times" valign="bottom" align="right"> </td></tr></table></div> <!-- end of user-specified TAGGED TABLE --></div> <p style="FONT-FAMILY: times"><font size="2">        Also included in other non-current liabilities as of August 28, 2010 and February 27, 2010 are unfavorable lease intangibles with a net carrying amount of $101,474 and $106,910 respectively. These intangible liabilities are amortized over their remaining lease terms. </font></p> <p style="FONT-FAMILY: times"><font size="2">        Amortization expense for these intangible assets and liabilities for the thirteen and twenty-six week periods ended August 28, 2010 was $43,560 and $88,001 respectively. Amortization expense for these intangible assets and liabilities for the thirteen and twenty-six week periods ended August 29, 2009 was $45,869 and $94,797 respectively. The anticipated annual amortization expense for these intangible assets and liabilities is 2011—$167,466; 2012—$134,340; 2013—$109,233; 2014—$83,628 and 2015—$66,239. </font></p></td></tr></table>
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13 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/18/23  Rite Aid Corp.                    10-Q        9/02/23   88:12M                                    Toppan Merrill Bridge/FA
 7/11/23  Rite Aid Corp.                    10-Q        6/03/23   79:9.5M                                   Toppan Merrill Bridge/FA
 5/01/23  Rite Aid Corp.                    10-K        3/04/23  131:22M                                    Toppan Merrill Bridge/FA
 1/04/23  Rite Aid Corp.                    10-Q       11/26/22   92:13M                                    Toppan Merrill Bridge/FA
10/05/22  Rite Aid Corp.                    10-Q        8/27/22   89:12M                                    Toppan Merrill Bridge/FA
 7/06/22  Rite Aid Corp.                    10-Q        5/28/22   88:10M                                    Toppan Merrill Bridge/FA
 4/25/22  Rite Aid Corp.                    10-K        2/26/22  131:21M                                    Toppan Merrill Bridge/FA
 1/05/22  Rite Aid Corp.                    10-Q       11/27/21   95:13M                                    Toppan Merrill Bridge/FA
10/05/21  Rite Aid Corp.                    10-Q        8/28/21   97:13M                                    Toppan Merrill Bridge/FA
 7/06/21  Rite Aid Corp.                    10-Q        5/29/21   90:10M                                    Toppan Merrill Bridge/FA
 4/27/21  Rite Aid Corp.                    10-K        2/27/21  137:23M                                    Toppan Merrill Bridge/FA
 1/06/21  Rite Aid Corp.                    10-Q       11/28/20   91:13M                                    Toppan Merrill Bridge/FA
10/06/20  Rite Aid Corp.                    10-Q        8/29/20   90:12M                                    Toppan Merrill Bridge/FA
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