XILINX 2004 ANNUAL REPORT |
Notes to Consolidated Financial Statements Note 7. Commitments Xilinx leases some of its facilities and office buildings under operating leases that expire at various dates through December 2014. Some of the operating leases require payment of operating costs, including property taxes, repairs, maintenance and insurance. Approximate future minimum lease payments under operating leases are as follows:
Most of the Company's leases contain renewal options. Rent expense under all operating leases was approximately $4.6 million for fiscal 2004, $3.4 million for fiscal 2003 and $5.4 million for fiscal 2002. Other commitments at April 3, 2004 totaled $97.0 million and consist of purchases of inventory and other purchase obligations related to subcontractors that manufacture silicon wafers and provide assembly and test services. The Company expects to receive and pay for the materials and services in the next three to six months. |
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© 2004 Xilinx Inc. |