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Note J - Commitments
 12 Months Ended
Sep. 26, 2015
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 26, 2015:


   

Plants and

                  
   

Offices

    

Equipment

    

Total

  
    (in thousands)                  

2016

   $ 5,313     $ 5,615     $ 10,928  

2017

     4,358       4,980       9,338  

2018

     3,833       3,657       7,490  

2019

     3,278       2,362       5,640  

2020

     2,581       493       3,074  

2021 and thereafter

     15,189       14       15,203  

Total minimal rental commitments

  $ 34,552     $ 17,121     $ 51,673  

Total rent expense was $16,448,000, $15,163,000 and $13,575,000 for fiscal years 2015, 2014 and 2013, 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 $8,200,000 and $8,100,000 at September 26, 2015 and September 27, 2014, respectively. In connection with certain self-insurance agreements, we customarily enter into letters of credit arrangements with our insurers. At September 26, 2015 and September 27, 2014, we had outstanding letters of credit totaling $9,075,000 and $9,075,000, respectively.


We have a self-insured medical plan which covers approximately 1,500 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 26, 2015 and September 27, 2014 was $1,659,000 and $1,853,000, respectively.