13. COMMITMENTS

The Company operates retail shoe stores under both short-term and long-term leases. Leases provide for a minimum rental plus percentage rentals based upon sales in excess of a specified amount. The Company also leases office space in the U.S. and its distribution facilities in Canada and overseas. Total minimum rents were $9.8 million in 2016, $9.1 million in 2015 and $9.7 million in 2014. Percentage rentals were $441,000 in 2016, $461,000 in 2015, and $512,000 in 2014.

Future fixed and minimum rental commitments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2016, are shown below. Renewal options exist for many long-term leases.

(Dollars in thousands)	Operating Leases
2017	$	9,178
2018		8,291
2019		7,502
2020		6,036
2021		4,348
Thereafter		5,783
Total	$	41,138

At December 31, 2016, the Company also had purchase commitments of approximately $51.5 million to purchase inventory, all of which were due in less than one year.