13.

Other Long-Term Liabilities

Other long-term liabilities consist primarily of deferred rent, the Microsoft Commercial Agreement financing transaction (see Note 19), tax liabilities and reserves, and long-term insurance liabilities. The Company provides for minimum rent expense over the lease terms (including the build-out period) on a straight-line basis. The excess of such rent expense over actual lease payments (net of tenant allowances) is classified as deferred rent. Other long-term liabilities also include store closing expenses and long-term deferred revenues. The Company had the following long-term liabilities at October 31, 2015, November 1, 2014 and May 2, 2015:


	October 31, 2015		November 1, 2014		May 2, 2015
Deferred rent	$	79,422		96,365		90,871
Tax liabilities and reserves		43,090		11,682		43,090
Insurance liabilities		15,878		15,333		15,277
Microsoft Commercial Agreement financing transaction (see Note 19)		—		183,211		—
Pension liability (see Note 18)		—		19,359		—
Other		15,045		13,488		12,971

Total other long-term liabilities	$	153,435		339,438		162,209