Note C – Accrued Expenses and Other

Accrued expenses and other consisted of the following:


(in thousands)	August 31, 2013		August 25, 2012
Medical and casualty insurance claims (current portion)	$	66,133	$	63,484
Accrued compensation, related payroll taxes and benefits		137,165		151,669
Property, sales, and other taxes		90,944		97,542
Accrued interest		40,442		39,220
Accrued gift cards		32,160		29,060
Accrued sales and warranty returns		14,171		17,276
Capital lease obligations		32,246		29,842
Other		54,570		49,992

	$	467,831	$	478,085

The Company retains a significant portion of the insurance risks associated with workers’ compensation, employee health, general, products liability, property and vehicle insurance. A portion of these self-insured losses is managed through a wholly owned insurance captive. The Company maintains certain levels for stop-loss coverage for each self-insured plan in order to limit its liability for large claims. The limits are per claim and are $1.5 million for workers’ compensation and property, $0.5 million for employee health, and $1.0 million for general, products liability, and vehicle.