Lease Commitments

12 Months Ended

Dec. 31, 2012

7. Lease Commitments

We lease offices, retail stores, distribution centers and personal property used in our business. These leases are operating leases which expire at varying dates through 2022. We are typically required to pay for normal repairs and maintenance, property taxes and insurance under these leases.

The future annual minimum lease payments at December 31, 2012 under operating leases were as follows (in thousands):

	Operating
Year	Leases
2013	76,789
2014	69,271
2015	61,596
2016	49,623
2017	30,922
Thereafter	68,217
Total minimum lease payments	$	356,418

Total rent expense included in our consolidated statements of comprehensive income or loss is $76.7 million for 2012, $70.6 million for 2011 and $69.2 million for 2010. These rent expense amounts exclude common area maintenance expenses.

As of December 31, 2012, our obligations under capital leases were not material.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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