Commitments and Contingent Liabilities

12 Months Ended

Dec. 30, 2012

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingent Liabilities

Commitments and Contingent Liabilities

Operating Leases

Operating lease commitments are primarily for office space and equipment. Certain office space leases provide for rent adjustments relating to changes in real estate taxes and other operating costs.

Rental expense amounted to approximately $19 million in 2012, $18 million in 2011 and $22 million in 2010. The approximate minimum rental commitments under noncancelable leases, net of subleases, as of December 30, 2012 were as follows:

(In thousands)	Amount
2013	$	14,054
2014	12,724
2015	10,434
2016	8,591
2017	4,651
Later years	10,284
Total minimum lease payments	60,738
Less: noncancelable subleases	(12,451		)
Total minimum lease payments, net of noncancelable subleases	$	48,287

Capital Leases

Future minimum lease payments for all capital leases, and the present value of the minimum lease payments as of December 30, 2012, were as follows:

(In thousands)	Amount
2013	$	716
2014	596
2015	599
2016	601
2017	574
Later years	7,797
Total minimum lease payments	10,883
Less: imputed interest	(3,860		)
Present value of net minimum lease payments including current maturities	$	7,023

Restricted Cash

We were required to maintain $24.3 million of restricted cash as of December 30, 2012 and $27.6 million as of December 25, 2011, subject to certain collateral requirements, primarily for obligations under our workers’ compensation programs. These collateral requirements were previously supported by letters of credit under our revolving credit facility that was replaced in June 2011. Restricted cash is included in “Miscellaneous assets” in our Consolidated Balance Sheets.

Other

There are various legal actions that have arisen in the ordinary course of business and are now pending against us. These actions are generally for amounts greatly in excess of the payments, if any, that may be required to be made. It is the opinion of management after reviewing these actions with our legal counsel that the ultimate liability that might result from these actions would not have a material adverse effect on our Consolidated Financial Statements.