XML 90 R23.htm IDEA: XBRL DOCUMENT

Leases

12 Months Ended

Dec. 31, 2011

(15)

Leases

In 2008, we entered into a sale-leaseback transaction involving the construction of a new corporate facility. Under terms of the operating lease, rental payments in fiscal 2011, 2010 and 2009 approximate $2,634 , $2,583, and $2,532, respectively, and increase 2% annually thereafter through December 2028.

We have several noncancelable leases for equipment, software, and plant facilities. Total rent expense under operating lease agreements was approximately $14,449, $12,485 and $10,714 in 2011, 2010 and 2009, respectively.

The following is a schedule of future minimum lease payments for operating leases (with initial terms in excess of one year) as of December 31, 2011:

	Minimum Lease Payments
	Domestic		Foreign		Total
Year ending December 31:
2012	$	12,065	$	1,836	$	13,901
2013		11,377		1,005		12,382
2014		8,773		789		9,562
2015		7,346		526		7,872
2016		5,284		268		5,552
Thereafter		44,983		167		45,150
Total		89,828		4,591		94,419

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References+ Details