OPERATING LEASES

12 Months Ended

Dec. 31, 2012

NOTE G – OPERATING LEASES

While the Company maintains ownership of most of its larger terminals and distribution centers, certain facilities and equipment are leased. Certain of the leases are renewable for additional periods with similar rent payments. Rental expense totaled $23.2 million, $22.2 million, and $19.5 million in 2012, 2011, and 2010, respectively.

The future minimum rental commitments as of December 31, 2012 for all noncancelable operating leases were as follows:

					Equipment
					and
	Total		Terminals		Other
	(in thousands)

2013	$	14,218	$	12,576	$	1,642
2014	11,876		10,584		1,292
2015	9,053		8,566		487
2016	6,243		6,231		12
2017	4,584		4,574		10
Thereafter	12,784		12,784		–
	$	58,758	$	55,315	$	3,443

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

+ References+ Details