Note 12: 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
$4,633,000 in 2008, $4,039,000 in 2007, and $3,774,000 in 2006.
Future rental commitments were as follows as of November 30,
2008:
| (In thousands) |
Years ending
November 30, |
Amount |
|
| |
2009 |
$ 4,494 |
| |
2010 |
4,031 |
| |
2011 |
3,314 |
| |
2012 |
2,206 |
| |
2013 |
1,328 |
| |
Thereafter |
20,882 |
| |
|
|
| |
|
$ 36,255 |
Future rental commitments for leases are not reduced by minimum
non-cancelable sublease rentals aggregating $2,428,000 at November
30, 2008. |