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EYE » Topics » Note 9. Commitments

This excerpt taken from the EYE 8-K filed Jul 13, 2005.

Note 9. Commitments

 

We lease facilities and equipment under operating leases that expire through 2008. Our expense under these leases was $2,257,000, $2,007,000, and $1,910,000 for the years ended December 31, 2004, 2003, and 2002, respectively. Our purchase commitments include contractual obligations to purchase inventory, supplies and capital equipment. Our future minimum payments under leases and purchase commitments with non-cancelable terms in excess of one year are as follows (in thousands).

 

     Operating Lease
Commitments
    Purchase
Commitments

Year Ended December 31, 2005

    $ 2,181      6,273

2006

      2,040      1,699

2007

      1,984      —

2008

      868      —

2009

      52      —
    
  

Total minimum lease payments

    $ 7,125    $ 7,972
    
  

 

18

VISX, INCORPORATED AND SUBSIDIARIES

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

"Note 9. Commitments" elsewhere:

BECTON DICKINSON & CO (BDX)
Conceptus (CPTS)
Mesa Laboratories (MLAB)
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