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Lease Commitments Lease Commitments
12 Months Ended
Dec. 29, 2012
Leases [Abstract]  
LEASE COMMITMENTS
LEASE COMMITMENTS
Equipment and facilities are leased under various operating leases expiring at various dates through 2025. Certain of these leases contain renewal options and escalating rent payments. Rental expense is recognized on a straight-line basis and was as follows during fiscal 2012, 2011 and 2010:
 
2012
 
2011
 
2010
 
(In thousands)
Rent expense
$
20,082

 
$
20,633

 
$
21,797


As of December 29, 2012, future minimum lease payments under non-cancelable operating leases were as follows:
 
 
 
Expected
 
 
 
Operating
 
Sub-lease
 
Net Operating
 
 Leases
 
 Income
 
 Leases
For the fiscal years:
(In thousands)
2013
$
20,494

 
$
(518
)
 
$
19,976

2014
15,898

 
(489
)
 
15,409

2015
13,174

 
(343
)
 
12,831

2016
10,307

 
(129
)
 
10,178

2017
4,260

 
(54
)
 
4,206

Thereafter
10,423

 

 
10,423

Total lease payments
$
74,556

 
$
(1,533
)
 
$
73,023


Of the $73.0 million in net operating lease payments, $4.3 million was accrued as part of Cadence's restructuring plans as of December 29, 2012 and will be charged against the restructuring accrual as paid.