Quarterly report pursuant to Section 13 or 15(d)

Deferred Gain

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Deferred Gain
 9 Months Ended
Oct. 01, 2011
Deferred Gain  
Deferred Gain

8.             Deferred Gain

 

In connection with the September 25, 2009 sale-leaseback of our St. Louis Park, Minnesota, building, we recorded a deferred gain of $2,436.  The deferred gain is being amortized over the initial lease period of five years.  For both the three and nine months ended October 1, 2011 and October 2, 2010, we amortized $122 and $366, respectively, of the deferred gain.  The deferred gain amortization is netted against rent expense as a component of selling, general and administrative expenses in the consolidated statements of operations.