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Lease Commitments
 12 Months Ended
Jan. 01, 2012
Lease Commitments [Abstract]  
Lease Commitments
(7) Lease Commitments

The Company currently leases stores, distribution and headquarters facilities under non-cancelable operating leases. The Company’s leases generally contain multiple renewal options for periods ranging from five to ten years and require the Company to pay all executory costs such as maintenance and insurance. Certain of the Company’s store leases provide for the payment of contingent rent based on a percentage of sales.

Rent expense for operating leases consisted of the following:

 

                         
       

Year Ended
       

    January 1,     

2012

      

    January 2,    

2011

      

    January 3,    

2010
                (In thousands)        
             

Rent expense

   $   57,456      $   55,732      $   54,901  

Contingent rent

       1,100         1,423         1,149  
       

 

      

 

      

 

   Total rent expense

   $   58,556      $   57,155      $   56,050  
       

 

      

 

      

 

Rent expense includes sublease rent income of $0.3 million, $0.3 million and $0.2 million for fiscal 2011, 2010 and 2009, respectively.

Future minimum lease payments under non-cancelable leases, with lease terms in excess of one year, as of January 1, 2012 are as follows:

 

                         

Year Ending:

      

        Capital        

Leases

      

    Operating    
Leases

      

          Total          

        (In thousands)
             

 2012

   $   1,796      $   64,695      $   66,491  

 2013

       1,500         61,274         62,774  

 2014

       1,156         52,922         54,078  

 2015

       510         41,566         42,076  

 2016

       169         28,224         28,393  

 Thereafter

       —         61,833         61,833  
       

 

      

 

      

 

Total minimum lease payments

       5,131      $   310,514      $   315,645  
               

 

      

 

Imputed interest

       (369)                 
       

 

                

Present value of minimum lease payments

   $   4,762                  
       

 

                

In February 2008, the Company entered into a lease for a parcel of land with an existing building adjacent to its corporate headquarters location. The lease term commenced in 2009 and the primary term expires on February 28, 2019, which may be renewed for six successive periods of five years each. In accordance with terms of the lease agreement, the Company is committed to the construction of a new retail building on the premises before the primary term expires in 2019, regardless of whether or not any renewal options are exercised.