Lease Commitments

12 Months Ended

Jan. 03, 2012

Lease Commitments [Abstract]

Lease Commitments

9. LEASE COMMITMENTS

The Company leases its office, retail stores, and some equipment under operating leases, with terms expiring through 2023. Most store leases have an initial term of 10 years, with renewal options of up to 10 years and provide for payment of common area operating expenses and real estate taxes. Rental expense, net of sublease income was $24.8 million in fiscal 2011, $28.5 million in fiscal 2010 and $33.9 million in fiscal 2009 and is recorded in occupancy costs and general and administrative expenses. Contingent rent included in occupancy costs was $0.4 million, $0.4 million and $0.3 million in fiscal 2011, 2010 and 2009, respectively.

The aggregate future minimum noncancelable lease payments as of January 3, 2012, were as follows (in thousands):

Fiscal Year Ending:
2012	$	24,805
2013		23,515
2014		20,218
2015		15,118
2016		10,752
Thereafter		16,189
Total minimum lease commitments	$	110,597

The Company has subleases related to certain of its operating leases. The Company recognized sublease income of $8.0 million in fiscal 2011, $2.4 million in fiscal 2010 and $0.8 million in fiscal 2009, respectively. Future minimum lease payments under operating leases of $111 million have been reduced by future minimum sublease rental income of $37.0 million.

The Company has certain contractual obligations for some of its operating leases that could be terminated in the future upon written notice and payment of a termination fee. These termination fees totaled approximately $0.1 million at January 3, 2012.