Note 5 - Lease Commitments

12 Months Ended

Dec. 30, 2017

Notes to Financial Statements

Commitments Disclosure [Text Block]

5.

Lease Commitments

The

Company leases certain office and warehouse space as well as certain machinery and equipment under non-cancellable operating leases. Rent expense under these leases was

$11.6

million,

$12.6

million, and

$11.1

million in

2017,

2016,

and

2015,

respectively.

Rent expense is recognized on a straight-line basis over the term of the leases. The difference between straight-line basis rent and the amount paid has been recorded as accrued lease obligations. The

Company also has leases that have lease renewal provisions. As of

December 30, 2017,

all operating leases outstanding were with

third

parties. The Company did

not

have any capital leases as of

December 30, 2017

.

Future minimum payments for all non-cancellable operating leases with initial terms of

one

year or more at D

ecember

30,

2017

are as follows:

(in thousands )	Future Minimum Payments
201 8	$	10,842
201 9		6,194
20 20		5,425
202 1		4,632
202 2		3,464
202 3 and thereafter		5,021
	$	35,578