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Note J - Commitments | 12 Months Ended
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Sep. 29, 2018
Notes to Financial Statements |
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 29, 2018:
|  | Plants and |  |  |  |  |  |  |  |  |
|  | Offices |  |  | Equipment |  |  | Total |
|  | (in thousands) |
2019 |  | $ | 8,392 |  |  | $ | 6,540 |  |  | $ | 14,932 |
2020 |  |  | 7,574 |  |  |  | 4,800 |  |  |  | 12,374 |
2021 |  |  | 6,702 |  |  |  | 3,435 |  |  |  | 10,137 |
2022 |  |  | 6,195 |  |  |  | 1,722 |  |  |  | 7,917 |
2023 |  |  | 6,011 |  |  |  | 363 |  |  |  | 6,374 |
2024 and thereafter |  |  | 22,708 |  |  |  | 111 |  |  |  | 22,819 |
Total minimal rental commitments |  | $ | 57,582 |  |  | $ | 16,971 |  |  | $ | 74,553 |
Total rent expense was $21,760,000, $20,354,000 and $17,481,000 for fiscal years 2018, 2017 and 2016, 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 $9,200,000 and $8,100,000 at September 29, 2018 and September 30, 2017, respectively. In connection with certain self-insurance agreements, we customarily enter into letters of credit arrangements with our insurers. At September 29, 2018 and September 30, 2017, we had outstanding letters of credit totaling $9,275,000 and $8,675,000, respectively. We have a self-insured medical plan which covers approximately 1,700 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 20, 2018 and September 30, 2017 was $2,058,000 and $2,382,000, respectively.

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