American Eagle Outfitters 2008 Annual Report Download - page 59

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A summary of fixed minimum and contingent rent expense for all operating leases follows:
January 31,
2009
February 2,
2008
February 3,
2007
For the Years Ended
(In thousands)
Store rent:
Fixed minimum ................................ $197,820 $167,051 $145,519
Contingent .................................... 11,767 17,626 19,138
Total store rent, excluding common area maintenance
charges, real estate taxes and certain other expenses...... 209,587 184,677 164,657
Offices, distribution facilities, equipment and other ........ 18,260 17,250 12,540
Total rent expense ................................ $227,847 $201,927 $177,197
In addition, the Company is typically responsible under its store, office and distribution center leases for tenant
occupancy costs, including maintenance costs, common area charges, real estate taxes and certain other expenses.
The table below summarizes future minimum lease obligations, consisting of fixed minimum rent, under
operating leases in effect at January 31, 2009:
Fiscal years:
Future Minimum
Lease Obligations
(In thousands)
2009 ........................................................... $ 234,095
2010 ........................................................... 229,702
2011 ........................................................... 212,901
2012 ........................................................... 195,283
2013 ........................................................... 178,133
Thereafter . . ..................................................... 720,253
Total ........................................................... $1,770,367
57
AMERICAN EAGLE OUTFITTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)