We lease some of our facilities and office buildings under operating leases that expire at various dates through December 2014. Lease agreements for certain corporate facilities contain payment provisions, which allow for changes in rental amounts based upon interest rate changes. Approximate future minimum lease payments under operating leases are as follows:
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|
|
|
2003 |
$ 3,897 |
2004 |
2,910 |
2005 |
2,408 |
2006 |
1,887 |
2007 |
1,382 |
Thereafter |
3,460 |
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|
|
$15,944 |
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Most of our leases contain renewal options. Rent expense under all operating leases was approximately $5.4 million for fiscal 2002, $2.5 million for fiscal year 2001, and $7.3 million for fiscal 2000.
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