

Commitments Due by Period				Within		2 to		4 to		After
(thousands)		Total		1 Year		3 Years		5 Years		5 Years
Principal payments on long-term debt	$	198,000		—	$	198,000		—		—
Finance lease commitments/financing obligations ^(a)		533,744	$	58,034		114,582	$	103,894	$	257,234
Operating lease commitments ^(a)		266,783		39,184		71,021		58,413		98,165
Accrued rent		1,348		1,191		87		27		43
Other liabilities		933		841		92		—		—
Total	$	1,000,808	$	99,250	$	383,782	$	162,334	$	355,442

(a)Finance and operating lease commitments represent future undiscounted lease payments and include $112.0 million and $70.2 million, respectively, related to options to extend lease terms that are reasonably certain of being exercised.

We are currently a party to various claims and legal proceedings incidental to the conduct of our business. If management believes that a loss arising from any of these matters is probable and can reasonably be estimated, we will record the amount of the loss, or the minimum estimated liability when the loss is estimated using a range, and no point within the range is more probable than another. As additional information becomes available, any potential liability related to these matters is assessed and the estimates are revised, if necessary. Litigation is subject to inherent uncertainties, and unfavorable rulings could occur and may include monetary damages. If an unfavorable ruling were to occur, there exists the possibility of a material adverse impact on the financial position and results of operations of the period in which any such ruling occurs, or in future periods.

As previously disclosed by the Company, an action was filed against us on June 12, 2020 in the U.S. District Court for the Western District of Pennsylvania by Mark Cerini. The plaintiff, who is a former service store manager, sought certification to represent similarly situated store managers in a nationwide collective action for unpaid overtime wages, damages and attorneys’ fees. Plaintiff alleges violations of the Fair Labor Standards Act and various state laws relating to, among other things, overtime and unpaid wages. The parties have reached an agreement in principle to resolve this matter. The Company included the potential settlement amount of $3.9 million in OSG&A expenses in the Company’s Consolidated Statement of Income and Comprehensive Income for the three months ended June 26, 2021. A settlement agreement is currently being reviewed and the terms of the settlement may be subject to change. Settlement is subject to court approval.