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COMMITMENTS AND CONTINGENCIES
12 Months Ended
Jul. 29, 2017
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES
The Company leases various facilities and equipment under operating lease agreements with varying terms. Most of the leases contain renewal options and purchase options at several specific dates throughout the terms of the leases.
Rent and other lease expense for the fiscal years ended July 29, 2017, July 30, 2016 and August 1, 2015 totaled approximately $74.9 million, $65.4 million and $74.8 million, respectively.
Future minimum annual fixed payments required under non-cancelable operating leases having an original term of more than one year as of July 29, 2017 are as follows:
Fiscal Year
 
(In thousands)
2018
 
$
63,212

2019
 
55,353

2020
 
44,223

2021
 
28,726

2022
 
25,334

2023 and thereafter
 
38,443

 
 
$
255,291


As of July 29, 2017, outstanding commitments for the purchase of inventory were approximately $16.3 million. The Company had outstanding letters of credit of approximately $33.5 million at July 29, 2017. The Company did not have any outstanding commitments for the purchase of diesel fuel as of July 29, 2017.
The Company may from time to time be involved in various claims and legal actions arising in the ordinary course of business. In the opinion of management, amounts accrued, as well as the total amount of reasonably possible losses with respect to such matters, individually and in the aggregate, are not deemed to be material to the Company's consolidated financial position or results of operations. Legal expenses incurred in connection with claims and legal actions are expensed as incurred.