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Note J - Commitments | 12 Months Ended
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Sep. 28, 2019
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 28, 2019:
|  | Plants and |  |  |  |  |  |  |  |  |
|  | Offices |  |  | Equipment |  |  | Total |
|  | (in thousands) |
2020 |  | $ | 8,763 |  |  | $ | 6,051 |  |  | $ | 14,814 |
2021 |  |  | 7,919 |  |  |  | 4,767 |  |  |  | 12,686 |
2022 |  |  | 7,403 |  |  |  | 3,088 |  |  |  | 10,491 |
2023 |  |  | 7,218 |  |  |  | 1,753 |  |  |  | 8,971 |
2024 |  |  | 6,165 |  |  |  | 823 |  |  |  | 6,988 |
2025 and thereafter |  |  | 25,545 |  |  |  | 43 |  |  |  | 25,588 |
Total minimal rental commitments |  | $ | 63,013 |  |  | $ | 16,525 |  |  | $ | 79,538 |
Total rent expense was $21,167,000, $21,760,000 and $20,354,000 fiscal years 2019, 2018 and 2017, 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 $8,700,000 and $9,200,000 at September 28, 2019 and September 29, 2018, respectively. In connection with certain self-insurance agreements, we customarily enter into letters of credit arrangements with our insurers. At both September 28, 2019 and September 29, 2018, we had outstanding letters of credit totaling $9,275,000. 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 28, 2019 and September 29, 2018 was $1,392,000 and $2,058,000, respectively.

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