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Leases
9 Months Ended
Oct. 01, 2011
Leases 
Leases

5.                            Leases

 

The Company’s retail stores and corporate offices are in leased facilities. Lease terms generally range up to ten years and provide for escalations in base rents. The Company does not have obligations to renew the leases. Certain leases provide for contingent rental payments based upon sales.  Most leases also require additional payments covering real estate taxes, common area costs and insurance.

 

Future minimum rental commitments, by year and in the aggregate, under non-cancelable operating leases as of October 1, 2011, are as follows:

 

Fiscal Year

 

(in thousands)

 

2011 Remaining

 

$

4,829

 

2012

 

$

17,179

 

2013

 

$

14,824

 

2014

 

$

13,783

 

2015

 

$

12,457

 

Thereafter

 

$

23,708

 

TOTAL

 

$

86,780