Cabela's 2007 Annual Report Download - page 51

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45
Contractual Obligations and Other Commercial Commitments
The following tables provide summary information concerning our future contractual obligations at the end of
2007.
2008 2009 2010 2011 2012 Thereafter Total
(In Thousands)
Long-term debt (1) ............. $ 26,547 $ 26,376 $ 7,990 $ 494 $51,096 $ 276,943 $ 389,446
Short-term borrowings ......... 100,000 — — — — — 100,000
Interest payments (2) ........... 19,353 17,994 16,675 16,645 16,615 61,583 148,865
Capital lease obligations ........ 1,003 1,092 1,000 1,000 1,000 23,500 28,595
Operating leases .............. 5,126 5,209 4,944 4,586 4,167 78,398 102,430
Time deposits by maturity....... 49,219 36,886 37,886 22,200 14,200 200 160,591
Obligations under new store and
expansion arrangements (3) ... 114,558 71,574 1,989 864 4,064 — 193,049
Purchase obligations (4) ........ 461,967 35,111 3,338 684 347 — 501,447
Deferred compensation ......... 344 — — — — 5,035 5,379
Unrecognized tax benefits....... — — — — — 2,000 2,000
Total ..................... $ 778,117 $ 194,242 $73,822 $46,473 $91,489 $ 447,659 $ 1,631,802
(1) Includes $51 million owed under our $325 million credit agreement, and $7 million owed under our $15 million
credit agreement for operations in Canada. Excludes amounts owed under capital lease obligations.
(2) These amounts do not include estimated interest payments due under our revolving credit facilities because the
amount that will be borrowed under these facilities in future years is uncertain.
(3) At December 29, 2007, obligations for new store and expansion arrangements include approximately $180
million of estimated contractual obligations associated with 1) the completion of our 2007 store expansion
obligations, 2) two retail stores scheduled to open in 2008 and two in 2009, and 3) certain obligations under
economic development bonds. The table does not include any amounts for contractual obligations associated
with retail store locations where we are in the process of certain negotiations.
(4) Our purchase obligations relate primarily to purchases of inventory, shipping, and other goods and services in
the ordinary course of business under binding purchase orders or contracts. The amount of purchase obligations
shown is based on assumptions regarding the legal enforceability against us of purchase orders or contracts we
had outstanding at the end of 2007. Under different assumptions regarding our rights to cancel our purchase
orders, or different assumptions regarding the enforceability of the purchase orders under applicable laws, the
amount of purchase obligations shown in the preceding table would be less.