XML 73 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Leases (Tables)
12 Months Ended
Sep. 28, 2014
Leases [Abstract]  
Components Of Rent Expense
The components of rent expense were as follows in each fiscal year (in thousands):
 
 
2014
 
2013
 
2012
Minimum rentals
 
$
213,082

 
$
210,638

 
$
206,604

Contingent rentals
 
1,986

 
1,840

 
2,013

Total rent expense
 
215,068

 
212,478

 
208,617

Less rental expense on subleased properties
 
(139,976
)
 
(136,970
)
 
(130,275
)
Net rent expense
 
$
75,092

 
$
75,508

 
$
78,342

Future Minimum Lease Payments For Capital And Operating Leases
The following table presents as of September 28, 2014, future minimum lease payments under capital and operating leases including leases recorded as lease obligations relating to continuing and discontinued operations (in thousands):
Fiscal Year
 
Capital
Leases
 
Operating
Leases
2015
 
$
1,260

 
$
229,203

2016
 
1,198

 
233,145

2017
 
1,072

 
197,226

2018
 
793

 
163,644

2019
 
364

 
152,644

Thereafter
 
952

 
636,570

Total minimum lease payments
 
5,639

 
$
1,612,432

Less amount representing interest, 10.20% weighted average interest rate
 
(1,256
)
 
 
Present value of obligations under capital leases
 
4,383

 
 
Less current portion
 
(870
)
 
 
Long-term capital lease obligations
 
$
3,513

 
 
Assets Recorded Under Capital Leases
Assets recorded under capital leases are included in property and equipment, and consisted of the following at each year-end (in thousands):
 
 
2014
 
2013
Buildings
 
$
19,105

 
$
19,105

Less accumulated amortization
 
(15,667
)
 
(14,808
)
 
 
$
3,438

 
$
4,297

Schedule of Rental Income
The following details rents received under these agreements in each fiscal year (in thousands):
 
 
2014
 
2013
 
2012
Total rental income (1)
 
$
222,443

 
$
213,009

 
$
200,760

Contingent rentals
 
$
19,551

 
$
16,966

 
$
16,341

Minimum Rents Receivable Expected To Be Received Under These Non-Cancelable Operating Leases
The minimum rents receivable expected to be received under these non-cancelable operating leases and subleases, excluding contingent rentals, as of September 28, 2014 are as follows (in thousands):
Fiscal Year
 
2015
$
206,015

2016
221,923

2017
202,867

2018
183,145

2019
197,287

Thereafter
1,550,311

Total minimum future rentals
$
2,561,548

Assets Held For Lease
Assets held for lease and included in property and equipment consisted of the following at each year-end (in thousands):
 
 
2014
 
2013
Land
 
$
72,143

 
$
79,015

Buildings
 
689,056

 
684,288

Equipment
 
4,492

 
3,887

 
 
765,691

 
767,190

Less accumulated depreciation
 
(434,526
)
 
(400,211
)
 
 
$
331,165

 
$
366,979