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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 $13,188, $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	$	10,711	$	1,836	$	12,547
2013		10,130		1,005		11,135
2014		8,043		789		8,832
2015		6,946		526		7,472
2016		5,098		268		5,366
Thereafter		44,872		167		45,039

Total		85,800		4,591		90,391