Cabela's 2011 Annual Report Download - page 71

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61
Impact of Inflation
We do not believe that our operating results have been materially affected by inflation during the preceding three
years. We cannot assure, however, that our operating results will not be adversely affected by inflation in the future.
Contractual Obligations and Other Commercial Commitments
The following tables provide summary information concerning our future contractual obligations at
December 31, 2011.
2012 2013 2014 2015 2016 Thereafter Total
(In Thousands)
Long-term debt (1) $ 8,143 $ 8,143 $ 8,143 $ 8,143 $ 223,143 $ 76,285 $ 332,000
Interest payments on
long-term debt (2) 20,426 19,809 19,182 18,579 11,553 2,997 92,546
Capital lease obligations 1,000 1,000 1,000 1,000 1,000 19,500 24,500
Operating leases 10,746 11,022 9,473 8,841 8,579 121,524 170,185
Time deposits by
maturity 88,401 367,615 234,666 137,580 148,569 5,482 982,313
Interest payments on
time deposits 23,101 18,189 10,057 6,324 26,851 325 84,847
Secured long-term
obligations of
the Trust 425,000 - - 467,500 510,000 - 1,402,500
Interest payments on
secured obligations
of the Trust 19,042 16,622 16,622 11,644 5,202 - 69,132
Obligations under retail
store arrangements (3) 58,871 24,027 920 333 334 5,628 90,113
Purchase obligations (4) 487,213 24,366 5,207 3,661 2,524 2,485 525,456
Unrecognized tax
benefits (5) - - - - - 37,608 37,608
Tot al $ 1,141,943 $ 490,793 $ 305,270 $ 663,605 $ 937,755 $ 271,834 $ 3,811,200
(1) 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) Includes approximately $80 million of estimated contractual obligations and commitments associated
with projected new retail store-related expansion. 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 2011. Under different assumptions regarding our rights to cancel
our purchase orders or contracts, or different assumptions regarding the enforceability of the purchase orders
or contracts under applicable laws, the amount of purchase obligations shown in the preceding table would
be less.
(5) Amounts for unrecognized tax benefits are not reflected in year 2012 through 2016 since the ultimate amount
and timing of any future cash settlements cannot be predicted with reasonable certainty.