Liabilities Associated With Facilities Lease Losses

9 Months Ended

Jul. 30, 2011

Liabilities Associated With Facilities Lease Losses

Liabilities Associated With Facilities Lease Losses

7. Liabilities Associated with Facilities Lease Losses

The Company reevaluates its estimates and assumptions on a quarterly basis and makes adjustments to the reserve balance if necessary. The following table summarizes the activity related to the facilities lease loss reserve, net of expected sublease income (in thousands):

	Lease Loss Reserve
Reserve balance at October 30, 2010	$	9,976
Cash payments on facilities leases		(5,207	)
Reserve balance at July 30, 2011	$	4,769

Cash payments for facilities leases related to the above noted facilities lease losses will be paid over the respective lease terms through fiscal year 2017.