Notes Eleven: LEASE COMMITMENTS
The Company leases facilities and equipment under noncancelable
operating leases. Rental expense under long-term
operating leases of real property,vehicles and other equipment was
$5,084,000 in 2005, $5,025,000 in 2004, and $4,773,000 in 2003.
Future rental commitments were as follows as of November 30,
2005:
| (In thousands) |
Years ending
November 30, |
Amount |
|
| |
2006 |
4,619 |
| |
2007 |
4,415 |
| |
2008 |
4,075 |
| |
2009 |
3,864 |
| |
2010 |
3,576 |
| |
Thereafter |
21,881 |
| |
|
|
| |
|
$ 42,430 |
Future rental commitments for leases are not reduced by minimum
non-cancelable sublease rentals aggregating $1,708,000 at November
30, 2005. |