Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies

v2.4.0.6
Commitments and Contingencies
 12 Months Ended
Dec. 29, 2012
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies
 
Operating leases:  We lease the majority of our retail stores and recycling centers under noncancelable operating leases.  The leases typically require the payment of taxes, maintenance, utilities and insurance.
 
Minimum future rental commitments under noncancelable operating leases as of December 29, 2012, are as follows:
 
ARCA
 
AAP
 
Total
2013
$
5,171

 
$
385

 
$
5,556

2014
4,355

 
400

 
4,755

2015
3,100

 
404

 
3,504

2016
2,246

 
425

 
2,671

2017
1,903

 
427

 
2,330

Thereafter
2,188

 
1,334

 
3,522

 
$
18,963

 
$
3,375

 
$
22,338


 
Rent expense for fiscal years 2012 and 2011 was $5,313 and $4,804, respectively. We have an agreement to receive future sublease payments of $634 through March 2016.
 
Contracts:  We have entered into material contracts with three appliance manufacturers.  Under the agreements there are no minimum purchase commitments; however, we have agreed to indemnify the manufacturers for certain claims, allegations or losses with respect to appliances we sell.

Litigation:  We are party from time to time to ordinary course disputes that we do not believe to be material or have merit.  We intend to vigorously defend ourselves against these ordinary course disputes.