NOTE 7 - OPERATING LEASES

12 Months Ended

Dec. 26, 2015

Leases of Lessee Disclosure [Text Block]

NOTE 7 - OPERATING LEASES

We lease equipment and office space under long-term operating lease agreements. The future minimum lease payments on leases (with initial or remaining non-cancelable terms in excess of one year) as of December 26, 2015 are as follows (dollars in thousands):

Years Ending	Amount
December 31, 2016	$	1,754
December 30, 2017		1,341
December 29, 2018		680
December 28, 2019		458
December 26, 2020 and after		—
Total minimum lease payments	$	4,233

Rent expense for both years ended December 26, 2015 and December 27, 2014 was $2.5 million. Certain of our lease agreements may include items such as abated lease payments, capital improvement funding, step rent provisions and escalation clauses that affect the lease payment schedule and do not qualify as contingent rentals. These items have been included in the minimum lease payment amount on a straight-line basis over the minimum lease term. Any lease payments that are dependent on a factor related to the future use of the property have been excluded from the minimum lease payment amount and are recognized as incurred.