Analysis: Deferred Assets and Liabilities, Net

Entity Registrant Name RITE AID CORP
CIK 0000084129
Accession number 0001047469-14-004077
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/84129/000104746914004077/rad-20140301.xml
Fiscal year end --03-01
Fiscal year focus 2014
Fiscal period focus FY
Current balance sheet date 2014-03-01
Current year-to-date income statement start date 2013-03-03
Commentary Conforms with all rules.
Level 3 Text Block concept us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock

 

 
   2014   2013  

Deferred tax assets:

              

Accounts receivable

   $ 62,973   $ 62,745  

Accrued expenses

     204,346     214,110  

Liability for lease exit costs

     116,803     142,456  

Pension, retirement and other benefits

     174,917     219,515  

Long-lived assets

     424,290     374,101  

Other

     1,989     2,079  

Credits

     60,951     62,121  

Net operating losses

     1,428,751     1,558,694  
           
​ ​ ​ ​ ​ ​ ​ ​

Total gross deferred tax assets

     2,475,020     2,635,821  

Valuation allowance

     (2,060,811 )   (2,223,675 )
           
​ ​ ​ ​ ​ ​ ​ ​

Total deferred tax assets

     414,209     412,146  

Deferred tax liabilities:

              

Inventory

     414,209     412,146  
           
​ ​ ​ ​ ​ ​ ​ ​

Total gross deferred tax liabilities

     414,209     412,146  
           
​ ​ ​ ​ ​ ​ ​ ​

Net deferred tax assets

   $ —   $ —  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

Level 4 Details Key Concepts: Deferred tax assets (liabilities)

Description Fact value US GAAP XBRL Concept
Deferred tax assets, gross 2,475,020,000 us-gaap:DeferredTaxAssetsGross
Valuation allowance -2,060,811,000 us-gaap:DeferredTaxAssetsValuationAllowance
Deferred tax assets, net 414,209,000 us-gaap:DeferredTaxAssetsNet
Deferred tax liabilities -414,209,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net 0
CHECK 0

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(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets, net, current 0
Deferred tax assets, net, noncurrent 0
Deferred tax liabilities, net, current 0
Deferred tax liabilities, net, noncurrent 0 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net 0
CHECK 0

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(Unclassified balance sheet) Deferred tax assets (liabilities), net components asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets 414,209,000
Deferred tax liabilities, net -414,209,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net 0
CHECK 0

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