Leases And Rental Expense

12 Months Ended

Sep. 28, 2013

Leases And Rental Expense [Abstract]

5. Leases and Rental Expense

The Company conducts part of its retail operations from leased facilities. The initial terms of the leases are generally 20 years. The majority of the leases include one or more renewal options and provide that the Company pay property taxes, utilities, repairs and certain other costs incidental to occupation of the premises. Several leases contain clauses calling for percentage rentals based upon gross sales of the supermarket occupying the leased space. The Company also leases a portion of its equipment under operating leases with initial terms of three to five years. Step rent provisions, escalation clauses, capital improvements and other lease concessions are taken into account in computing minimum lease payments, which are recognized on a straight-line basis over the minimum lease term.

Operating Leases - Rent expense for all operating leases of $14.4 million, $14.2 million and $15.0 million for fiscal years 2013, 2012 and 2011, respectively, is included in operating and administrative expenses. Sub-lease rental income of $0.2 million for each of fiscal years 2013, 2012 and 2011, is included as a reduction of rental expense.

The components of aggregate minimum rental commitments under non-cancelable operating leases as of September 28, 2013 are as follows:



	Minimum				Net
	Rental		Sub-Lease		Rental
Fiscal Year	Commitment		Income		Commitment
2014	$	12,396,315	$	(219,000)	$	12,177,315
2015		11,313,479		—		11,313,479
2016		10,201,610		—		10,201,610
2017		9,620,413		—		9,620,413
2018		8,018,233		—		8,018,233
Thereafter		47,180,335		—		47,180,335
Total minimum future rental commitments	$	98,730,385	$	(219,000)	$	98,511,385

- Definition

The entire disclosure for lessor entity's leasing arrangements for operating, capital and leveraged leases.

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