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Notes
to Financial Statements pg 1 2
3 4 5
6 7 8
9 10 11
12 13 14
15 16 |
The composition
of total rental expenses for all operating leases during the past
three fiscal years, including leases of buildings and equipment,
was as follows:
Future minimum
lease obligations by year (not including percentage rentals) for
all operating leases at March 2, 2002, were as follows:
6.
Benefit Plans We have a
deferred compensation plan for certain management employees
and directors. The liability for compensation deferred under this
plan was $33 and $28 at March 2, 2002, and March 3, 2001,
respectively, and is included in long-term liabilities. We have
elected to match our liability under the plan through the purchase
of life insurance. The cash value of the insurance, which includes
funding for future deferrals, was $36 and $34 in fiscal 2002 and
2001, respectively, and is included in other assets. Both the
asset and the liability are carried at fair value. |
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