Compuware Annual Report 2001

Compuware Corporation and Subsidiaries
Consolidated Financial Statements

Notes to Consolidated Financial Statements


11. COMMITMENTS AND CONTINGENCIES

Leases—The Company leases building and office space and computer, office and transportation equipment under various operating lease agreements extending through fiscal 2011. Certain of these leases contain provisions for renewal options and escalation clauses. The following is a schedule of future minimum rental payments for tne next five years (in thousands):



YEAR ENDING MARCH 31



2002
$   42,643 

2003
   37,000 

2004
   29,294 

2005
   19,780 

2006
   13,545 

Thereafter
   26,782 


Total
$  169,044 



Lease expense for the years ended March 31, 2001, 2000 and 1999 under all operating leases amounted to approximately $39,652,000, $34,180,000 and $27,720,000, respectively.