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Notes
to Financial Statements pg 1 2
3 4 5 6
7 8 9 10
11 12
13 14 15
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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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