Related Party Transactions

12 Months Ended

Dec. 29, 2012

Related Party Transactions [Abstract]

Related Party Transactions

9. Related Party Transactions

We have a noncancelable operating lease for our primary operating facility from a partnership in which Steven L. Berman, our Chairman and Chief Executive Officer, and his family members are partners. Total rental payments each year to the partnership under the lease arrangement were $1.5 million in fiscal 2012, and were $1.4 million in fiscal 2011 and fiscal 2010. During 2012, we entered into a new lease with the partnership which expires December 31, 2017. Our Audit Committee is responsible for reviewing and approving all related party transactions. In the opinion of our Audit Committee, the terms and rates of this lease are no less favorable than those which could have been obtained from an unaffiliated party.