Commitments And Contingencies

12 Months Ended

Dec. 30, 2011

Commitments And Contingencies [Abstract]

Commitments And Contingencies

NOTE 8: COMMITMENTS AND CONTINGENCIES

Operating Leases

The Company's principal facilities in the United States are leased under various cancelable and non-cancelable operating leases that expire at various dates through 2017. For tenant improvement allowances and rent holidays, Trimble records a deferred rent liability on the Consolidated Balance Sheets and amortizes the deferred rent over the terms of the leases as reductions to rent expense on the Consolidated Statements of Income.

The estimated future minimum payments required under the Company's operating lease commitments at the end of fiscal 2011 are as follows (in thousands):

2012	$	24,406
2013		16,442
2014		12,983
2015		7,126
2016		4,112
Thereafter		4,794
Total	$	69,863

Net rent expense under operating leases was $23.5 million in fiscal 2011, $19.2 million in fiscal 2010, and $18.0 million in fiscal 2009.

Additionally, the Company has potential obligations related to business acquisitions. At the end of fiscal 2011, the Company had $5.7 million of holdbacks, which are included in Other current liabilities and Other non-current liabilities on the Consolidated Balance Sheets. Further, certain acquisitions include additional earn-out cash payments based on future revenue or gross margin derived from existing products and other product milestones. At the end of fiscal 2011, the Company had $5.0 million included in Other current liabilities and Other non-current liabilities related to these earn-outs, representing the fair value of the contingent consideration. Additional potential earn-out cash payments in excess of that recorded on the Company's Consolidated Balance Sheet was $11.2 million at the end of fiscal 2011. The remaining payments are based upon targets achieved or events occurring over time that would result in amounts paid that may be lower than the maximum remaining payments. The remaining earn-outs and holdbacks are payable through 2016.

At the end of fiscal 2011, the Company had unconditional purchase obligations of approximately $86.1 million. These unconditional purchase obligations primarily represent open non-cancelable purchase orders for material purchases with the Company's vendors. Purchase obligations exclude agreements that are cancelable without penalty. These unconditional purchase obligations are related primarily to inventory and other items.