The components of accumulated other comprehensive income (loss) are as follows:

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Reclassification adjustments associated with pre-tax net derivative losses realized in net earnings for fiscal 2002, 2001, and 2000 amounted to $209, $0, and $0, respectively.


An analysis of rent expense incurred under operating leases is as follows:

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Minimum rental obligations are accounted for on a straight-line basis over the term of the lease. Percentage rent expense is generally based on sales levels or changes in the Consumer Price Index. Many of the Company’s leases have renewal periods totaling five to 20 years, exercisable at the option of the Company, and require payment of property taxes, insurance, and maintenance costs in addition to the rent payments. The annual non-cancelable future lease commitments for each of the five fiscal years subsequent to May 26, 2002, and thereafter are: $51,951 in 2003, $41,637 in 2004, $36,327 in 2005, $30,605 in 2006, $24,777 in 2007, and $74,132 thereafter, for a cumulative total of $259,429.


The components of interest, net, are as follows:

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Capitalized interest was computed using the Company’s borrowing rate. The Company paid $31,027, $24,281, and $19,834 for interest (excluding amounts capitalized) in fiscal 2002, 2001, and 2000, respectively.


The components of earnings before income taxes and the provision for income taxes thereon are as follows:

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