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Leases

12 Months Ended

Dec. 25, 2011

12.

Leases

The Company leases certain equipment and facilities under operating lease agreements. Non-cancelable, long-term leases generally include provisions for maintenance, options to purchase at fair value and to extend the terms. Rent expense under operating lease agreements totaled $110.6 million, $107.3 million and $104.2 million for the years ended December 25, 2011, December 26, 2010 and December 20, 2009, respectively.

Future minimum lease obligations at December 25, 2011 are as follows (in thousands):


Fiscal Year Ending December	Non- Cancelable Operating Leases		Capital Lease
2012	$	121,036	$	2,331
2013		116,571		1,526
2014		100,339		1,526
2015		80,184		1,526
2016		45,622		1,526
Thereafter		95,073		1,400

Total future minimum lease obligation	$	558,825		9,835

Less: amounts representing interest				2,305

Present value of future minimum lease obligation				7,530
Current portion of capital lease obligation				1,646

Long-term portion of capital lease obligation			$	5,884

- 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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