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Note J - Commitments
 12 Months Ended
Sep. 27, 2014
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]

NOTE J - COMMITMENTS


1.     Lease Commitments


The following is a summary of approximate future minimum rental commitments for non-cancelable operating leases with terms of more than one year as of September 27, 2014:


   

Plants and

                 
   

Offices

   

Equipment

   

Total

 
    (in thousands)  

2015

  $ 5,462     $ 5,185     $ 10,647  

2016

    4,253       4,809       9,062  

2017

    3,546       4,209       7,755  

2018

    3,020       2,874       5,894  

2019

    2,463       1,692       4,155  

2020 and thereafter

    13,495       177       13,672  

Total minimal rental commitments

  $ 32,239     $ 18,946     $ 51,185  

Total rent expense was $15,163,000, $13,575,000 and $13,215,000 for fiscal years 2014, 2013 and 2012, respectively.


2.     Other Commitments


We are a party to litigation which has arisen in the normal course of business which management currently believes will not have a material adverse effect on our financial condition or results of operations.


We self-insure, up to loss limits, certain insurable risks such as worker’s compensation and automobile liability claims. Accruals for claims under our self-insurance program are recorded on a claims incurred basis. Our total recorded liability for all years’ claims incurred but not yet paid was $8,100,000 and $8,500,000 at September 27, 2014 and September 28, 2013, respectively. In connection with certain self-insurance agreements, we customarily enter into letters of credit arrangements with our insurers. At September 27, 2014 and September 28, 2013, we had outstanding letters of credit totaling $9,075,000 and $8,175,000, respectively.


We have a self-insured medical plan which covers approximately 1,400 of our employees. We record a liability for incurred but not yet reported or paid claims based on our historical experience of claims payments and a calculated lag time period. Our recorded liability at September 27, 2014 and September 28, 2013 was $1,853,000 and $1,516,000, respectively.