XML 39 R23.htm IDEA: XBRL DOCUMENT
v3.20.2

Goodwill and Intangibles | 12 Months Ended
--- | ---
Aug. 29, 2020
Goodwill and Intangibles |
Goodwill and Intangibles | Note N – Goodwill and Intangibles The Company had approximately $302.6 million of goodwill, which is allocated to the Auto Parts Locations operating segment at August 29, 2020 and August 31, 2019. The Company performs its annual goodwill and intangibles impairment test in the fourth quarter of each fiscal year. In the fourth quarter of fiscal 2020 and 2019, the Company concluded its remaining goodwill was not impaired. The carrying amounts of intangible assets are included in Other long-term assets as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | August 29, 2020
​ |  | Estimated |  | Gross |  | ​ | ​ |  | Net
​ | ​ | Useful | ​ | Carrying | ​ | Accumulated | ​ | Carrying
(in thousands) | ​ | Life | ​ | Amount | ​ | Amortization | ​ | Amount
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Amortizing intangible assets: |  |  |  | ​ |  |  | ​ |  |  | ​ |
Customer relationships |  | 3-10 years | ​ |  | 29,376 | ​ |  | (27,933) | ​ |  | 1,443
Total intangible assets other than goodwill | ​ | ​ | ​ | $ | 29,376 | ​ | $ | (27,933) | ​ | $ | 1,443
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | August 31, 2019
​ |  | Estimated |  | Gross |  | ​ | ​ |  | Net
​ | ​ | Useful | ​ | Carrying | ​ | Accumulated | ​ | Carrying
(in thousands) | ​ | Life | ​ | Amount | ​ | Amortization | ​ | Amount
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Amortizing intangible assets: |  |  |  | ​ |  |  | ​ |  |  | ​ |
Technology |  | 3-5 years | ​ | $ | 870 | ​ | $ | (870) | ​ | $ | —
Customer relationships |  | 3-10 years | ​ |  | 29,376 | ​ |  | (23,760) | ​ |  | 5,616
Total intangible assets other than goodwill | ​ | ​ | ​ | $ | 30,246 | ​ | $ | (24,630) | ​ | $ | 5,616
​ Amortization expense of intangible assets for the years ended August 29, 2020 and August 31, 2019 was $4.2 million, respectively. 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, 2020, is estimated to be $1.4 million for fiscal 2021 and none thereafter.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration