ABII » Topics » Leases

This excerpt taken from the ABII 10-K filed Mar 12, 2010.

Leases

We have entered into various operating lease agreements for warehouses, office space, automobiles, communications, information technology equipment and software and office equipment, including real estate leases as described in Note 6—Related Party Transactions. Rental expense amounted to $11.4 million, $10.1 million, and $5.6 million for the years ended December 31, 2009, 2008 and 2007, respectively. Related party rent expense totaled $2.8 million, and $3.3 million for the years ended December 31, 2009 and 2008, respectively.

As of December 31, 2009, future annual minimum lease payments related to non-cancelable operating leases, including amounts pertaining to related party leases are as follows:

 

Year

   Total
Amount
   Related
Party
     (in thousands)     

2010

   $ 10,333    $ 3,039

2011

     5,527      39

2012

     3,560      39

2013

     2,895      —  

2014

     2,393   

Thereafter

     2,082      —  
             
   $ 26,790    $ 3,117
             
These excerpts taken from the ABII 10-K filed Mar 6, 2009.

Leases

We have entered into various operating lease agreements for warehouses, office space, automobiles, communications, information technology equipment and software and office equipment, including real estate leases as described in Note 7—Related Party Transactions. Rental expense amounted to $10.1 million, $5.6 million and $3.3 million for the years ended December 31, 2008, 2007 and 2006, respectively.

As of December 31, 2008, future annual minimum lease payments related to non-cancelable operating leases, including amounts pertaining to related party leases are as follows:

 

Year

   Total
Amount
   Related
Party
     (in thousands)

2009

   $ 6,644    $ 39

2010

     5,961      39

2011

     4,968      39

2012

     2,530      39

2013

     1,213      —  

Thereafter

     1,991      —  
             
   $ 23,307    $ 156
             

Leases

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">We have entered into various operating lease agreements for warehouses, office space, automobiles, communications, information technology equipment and
software and office equipment, including real estate leases as described in Note 7—Related Party Transactions. Rental expense amounted to $10.1 million, $5.6 million and $3.3 million for the years ended December 31, 2008, 2007 and
2006, respectively.

As of December 31, 2008, future annual minimum lease payments related to non-cancelable operating leases,
including amounts pertaining to related party leases are as follows:

 






























































































Year

  Total
Amount
  Related
Party
   (in thousands)

2009

  $6,644  $39

2010

   5,961   39

2011

   4,968   39

2012

   2,530   39

2013

   1,213   —  

Thereafter

   1,991   —  
        
  $23,307  $156
        
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