COMMITMENTS AND CONTINGENT LIABILITIES |
12 Months Ended | ||
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Sep. 30, 2014 | |||
COMMITMENTS AND CONTINGENT LIABILITIES [Abstract] | |||
COMMITMENTS AND CONTINGENT LIABILITIES |
The Company operates various production, warehouse and office facilities and equipment under operating lease agreements. Annual rentals under these and other operating leases were $21,849, $17,664 and $16,908 in fiscal 2014, 2013 and 2012, respectively. Future minimum rental commitments under non-cancelable operating lease arrangements for fiscal years 2015 through 2019 are $21,410, $15,788, $11,411, $6,885 and $5,009, respectively.
The Company is party to various legal proceedings, the eventual outcome of which are not predictable. Although the ultimate disposition of these proceedings is not presently determinable, management is of the opinion that they should not result in liabilities in an amount which would materially affect the Company's consolidated financial position, results of operations or cash flows.
The Company has employment agreements with certain employees, the terms of which expire at various dates between fiscal 2015 and 2019. The agreements generally provide for base salary and bonus levels and include non-compete provisions. The aggregate commitment for salaries under these agreements at September 30, 2014 was $13,397.
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- References No definition available.
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- Definition The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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