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COMMITMENTS
12 Months Ended
Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]

13. COMMITMENTS

The Company operates retail shoe stores under both short-term and long-term leases. Leases provide for a minimum rental plus percentage rentals based upon sales in excess of a specified amount. The Company also leases office space in the U.S. and its distribution facilities in Canada and overseas. Total minimum rents were $10.1 million in 2017, $9.8 million in 2016 and $9.1 million in 2015. Percentage rentals were $254,000 in 2017, $441,000 in 2016, and $461,000 in 2015.
Future fixed and minimum rental commitments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2017, are shown below. Renewal options exist for many long-term leases.
 
 
(Dollars in thousands)
Operating
Leases
2018
$
9,390
2019
8,442
2020
6,935
2021
5,074
2022
2,869
Thereafter
3,885
Total
$
36,595
 
At December 31, 2017, the Company also had purchase commitments of approximately $57.0 million to purchase inventory, all of which were due in less than one year.