Petsmart 2010 Annual Report Download - page 76

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Future minimum annual rental commitments have not been reduced by amounts expected to be received from
subtenants. At January 30, 2011, the future annual payments expected to be collected from subtenants are as follows
(in thousands):
2011 ................................................................ $ 4,196
2012 ................................................................ 3,153
2013 ................................................................ 3,067
2014 ................................................................ 2,726
2015 ................................................................ 2,740
Thereafter ............................................................ 3,077
$18,959
Note 12 — Commitments and Contingencies
Advertising Purchase Commitments
As of January 30, 2011, we had advertising commitments of approximately $22.7 million in 2011.
Product Purchase Commitments
As of January 30, 2011, we had various commitments to purchase product from certain vendors that are not
material to our total inventory purchases.
Litigation and Settlements
Beginning in March 2007, we were named as a party in the following lawsuits arising from pet food recalls
announced by several manufacturers. The plaintiffs sued the major pet food manufacturers and retailers claiming
that their pets suffered injury and/or death as a result of consuming allegedly contaminated pet food and pet snack
products.
Bruski v. Nutro Products, et al., USDC, N.D. IL (filed 3/23/07)
Rozman v. Menu Foods, et al., USDC, MN (filed 4/9/07)
Ford v. Menu Foods, et al., USDC, S.D. CA (filed 4/23/07)
Wahl, et al. v. Wal-Mart Stores Inc., et al., USDC, C.D. CA (filed 4/10/07)
Demith v. Nestle, et al., USDC, N.D. IL (filed 4/23/07)
Thompkins v. Menu Foods, et al., USDC, CO (filed 4/11/07)
McBain v. Menu Foods, et al., Judicial Centre of Regina, Canada (filed 7/11/07)
Dayman v. Hills Pet Nutrition Inc., et al., Ontario Superior Court of Justice (filed 8/8/07)
Esau v. Menu Foods, et al., Supreme Court of Newfoundland and Labrador (filed 9/5/07)
Ewasew v. Menu Foods, et al., Supreme Court of British Columbia (filed 3/23/07)
Silva v. Menu Foods, et al., Canada Province of Manitoba (filed 3/30/07)
Powell v. Menu Foods, et al., Ontario Superior Court of Justice (filed 3/28/07)
By order dated June 28, 2007, the Bruski, Rozman, Ford, Wahl, Demith and Thompkins cases were transferred
to the U.S. District Court for the District of New Jersey and consolidated with other pet food class actions under the
federal rules for multi-district litigation (In re: Pet Food Product Liability Litigation, Civil No. 07-2867). The
Canadian cases were not consolidated.
On May 21, 2008, the parties to the U.S. lawsuits comprising the In re: Pet Food Product Liability Litigation
and the Canadian cases jointly submitted a comprehensive settlement arrangement for court approval. Preliminary
court approval was received from the U.S. District Court on May 3, 2008, and from all of the Canadian courts as of
F-26
PetSmart, Inc. and Subsidiaries
Notes to Consolidated Financial Statements — (Continued)