Cabela's 2005 Annual Report Download - page 97

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CABELA’S INCORPORATED AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
(Dollar Amounts in Thousands Except Share and Per Share Amounts)
Aggregate expected maturities of long-term debt and scheduled capital lease payments in the future are as
follows:
Scheduled Capital
Lease Payments
Long Term
Debt Maturities
2006 ................................................. $ 500 $ 28,886
2007 ................................................. 500 26,643
2008 ................................................. 500 26,583
2009 ................................................. 500 26,445
2010 ................................................. 500 544
Thereafter ............................................. 11,667 2,230
14,167 111,331
Capital lease amount representing interest .................... (5,672)
Present value of net scheduled lease payments ................ $ 8,495 8,495
Total long term debt and capital leases .................. $119,826
9. OTHER INCOME
Other income (expense) consisted of:
Fiscal Year Ended
2005 2004 2003
Interest income earned on economic development bonds .......... $10,549 $ 7,093 $4,575
Gains on sale of investments ................................ — 2,816 1,005
Equity in undistributed net earnings (losses) of equity method
investees .............................................. 108 532 (86)
Other ................................................... 6 2 118
Total ................................................... $10,663 $10,443 $5,612
Interest income from economic development bonds consists of income earned on bonds associated with
various economic development agreements entered into by the Company.
10. INCOME TAXES
The provision for income taxes consisted of the following for each fiscal year:
2005 2004 2003
Current:
Federal ............................................ $28,874 $36,833 $19,395
State .............................................. 2,619 631 333
31,493 37,464 19,728
Deferred:
Federal ............................................ 10,723 (2,339) 8,528
State .............................................. 585 (40) 146
11,308 (2,379) 8,674
$42,801 $35,085 $28,402
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