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This excerpt taken from the NETL 10-K filed Mar 14, 2008. Leases We lease office space under noncancelable operating leases with various expiration dates through 2011. Rent expense for the years ended December 31, 2007, 2006 and 2005 was $1.0 million, $0.9 million and $0.7 million, respectively. The terms of the facility lease provide for rental payments on a graduated scale. We recognize rent expense on a straight-line basis over the lease period and accrue for rent expense incurred but not paid. Future minimum lease payments under noncancelable operating lease, which include common area maintenance charges, are as follows (in thousands):
We have software license obligations that are paid over the license periods, which range from one to three years. These software licenses are used for our internal research and development projects. At December 31, 2007 and 2006, we had $2.6 million and $2.6 million of software license obligations, respectively. All our future payments for software license obligations are due in 2008. This excerpt taken from the NETL 10-K filed Mar 2, 2007. Leases We lease office space under noncancelable operating leases with various expiration dates through 2011. Rent expense for the years ended December 31, 2006, 2005 and 2004 was $0.9 million, $0.7 million and $0.5 million, respectively. The terms of the facility lease provide for rental payments on a graduated scale. We recognize rent expense on a straight-line basis over the lease period and accrue for rent expense incurred but not paid. Future minimum lease payments under noncancelable operating lease, which include common area maintenance charges, are as follows (in thousands):
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Table of ContentsNETLOGIC MICROSYSTEMS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued) December 31, 2006
We have software license obligations that are paid over the license periods, which range from one to three years. These software licenses are used for our internal research and development projects. At December 31, 2006 and 2005, we had $2.6 million and $0.7 million of software license obligations, respectively. Future payments for software license obligations are as follows:
This excerpt taken from the NETL 10-K filed Feb 28, 2006. Leases
We lease office space and equipment under noncancelable operating and capital leases with various expiration dates through 2011. Rent expense for the years ended December 31, 2005, 2004 and 2003 was $0.7 million, $0.5 million and $0.4 million, respectively. The terms of the facility lease provide for rental payments on a graduated scale. We recognize rent expense on a straight-line basis over the lease period and accrue for rent expense incurred but not paid.
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Table of ContentsNETLOGIC MICROSYSTEMS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued) December 31, 2005
This excerpt taken from the NETL 10-K filed Mar 11, 2005. Leases
We lease office space and equipment under noncancelable operating and capital leases with various expiration dates through 2011. Rent expense for the years ended December 31, 2004, 2003 and 2002 was $0.5 million, $0.4 million and $0.4 million, respectively. The terms of the facility lease provide for rental payments on a graduated scale. We recognize rent expense on a straight-line basis over the lease period and has accrued for rent expense incurred but not paid.
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