XML 101 R27.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Leases | 12 Months Ended
--- | ---
Dec. 31, 2012
Leases [Abstract] |
Leases | Note 19 – Leases Operating Leases. The Company has various lease agreements for offices, branches, factories, distribution and service facilities, certain Company-operated bowling centers and certain personal property. The longest of these obligations extends through 2038. Most leases contain renewal options and escalation clauses, and some contain purchase options or contingent rentals based on percentages of gross revenue. No leases contain restrictions on the Company's activities concerning dividends or incurring additional debt. Rent expense consisted of the following:
(in millions) | 2012 |  | 2011 |  | 2010
Basic expense | $ | 31.6 |  |  | $ | 34.7 |  |  | $ | 36.5 |
Contingent expense | 3.3 |  |  | 2.8 |  |  | 2.3 |
Sublease income | (1.5 | ) |  | (1.2 | ) |  | (1.2 | )
Rent expense, net | $ | 33.4 |  |  | $ | 36.3 |  |  | $ | 37.6 |
Future minimum rental payments at December 31, 2012, under agreements classified as operating leases with non-cancelable terms in excess of one year, were as follows:
(in millions) |
2013 | $ | 28.6 |
2014 | 21.8 |
2015 | 16.9 |
2016 | 12.6 |
2017 | 9.6 |
Thereafter | 28.5 |
Total (not reduced by minimum sublease income of $1.2) | $ | 118.0 |
Capital Leases. In October 2011, the Company entered into a construction contract and lease agreement for a boat manufacturing and distribution facility in Brazil. The Company was deemed to be the owner of the project as the Company funded a portion of the construction costs during the construction period. As a result, the Company is accounting for the facility lease as a capital lease. The facility was completed in 2012 and the Company began amortizing the asset through depreciation expense. The Company had no capital leases in 2010. The amounts recorded in the Consolidated Balance Sheets as of December 31 are as follows:
(in millions) | 2012 |  | 2011
Assets: |  |  |
Buildings and improvements | $ | 10.3 |  |  | $ | 4.3 |
Accumulated depreciation | (0.4 | ) |  | — |
Total assets | $ | 9.9 |  |  | $ | 4.3 |
Liabilities: |  |  |
Debt | $ | 6.7 |  |  | $ | 2.9 |
Total liabilities | $ | 6.7 |  |  | $ | 2.9 |
The future minimum rental payments at December 31, 2012, under agreements classified as capital leases with non-cancelable terms in excess of one year, were as follows:
(in millions) |
2013 | $ | 0.8 |
2014 | 0.9 |
2015 | 1.0 |
2016 | 1.0 |
2017 | 1.1 |
Thereafter | 6.0 |
Total | $ | 10.8 |

X
- Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41499-112717 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 1,3) -URI http://asc.fasb.org/extlink&oid=6584154&loc=d3e38371-112697 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12069-110248 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6452660&loc=d3e36991-112694 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 13 -Paragraph 16 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_LeasesOfLesseeDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration