Notes to the Consolidated Financial Statements |
Note 7. Operating Leases |
The Company is obligated under noncancelable operating leases for various facilities, primarily office and warehouse space. As of December 31, 1996, future minimum lease payments under noncancelable operating leases were as follows (in thousands): |
Year | ||
1997 | $ 3,682 | |
1998 | 3,418 | |
1999 | 3,049 | |
2000 | 2,853 | |
2001 | 2,865 | |
Thereafter | 25,673 | |
$41,540 | ||
Total rent expense for all operating leases amounted to $4.9, $4.5 and $4.5 million for the years 1996, 1995 and 1994, respectively. |