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Commitments and Contingencies, and Derivative Financial Instruments (Tables)
12 Months Ended
Sep. 29, 2017
Commitments And Contingencies And Derivative Financial Instruments [Abstract]  
Commitment Under Operating Leases

We lease certain of our facilities and equipment under operating leases with net aggregate future lease payments of approximately $753,102 million at September 29, 2017, payable as follows (in thousands):

 

In fiscal years,

 

 

 

 

2018

 

$

139,967

 

2019

 

 

133,609

 

2020

 

 

118,207

 

2021

 

 

97,062

 

2022

 

 

104,990

 

Thereafter

 

 

174,269

 

 

 

 

768,104

 

Amounts representing sublease income

 

 

(15,002

)

 

 

$

753,102

 

 

Rent Expense and Sublease Income

The following table presents rent expense and sublease income offsetting the Company’s rent expense for the years ended September 29, 2017, September 30, 2016 and October 2, 2015 (in thousands):

 

 

 

For the Years Ended

 

 

 

September 29, 2017

 

 

September 30, 2016

 

 

October 2, 2015

 

Rent expense

 

$

145,344

 

 

$

151,539

 

 

$

175,067

 

Sublease income

 

 

(7,052

)

 

 

(7,212

)

 

 

(5,275

)

Net rent

 

$

138,292

 

 

$

144,327

 

 

$

169,792

 

 

Significant Terms of the Lease

Significant terms of the lease are as follows:

 

End of lease term

 

 

2025

 

End of term purchase option (in thousands)

 

$

76,950

 

Residual value guaranty (in thousands)

 

$

62,412