During the fiscal year ended March 31, 2002, the Company sold two Company-owned restaurants and a non-restaurant property for total proceeds of $3,348. The Company recognized a gain of $1,226 in connection with these sales. In May 2001, the Company completed the sale of a restaurant property for approximately $1,500 pursuant to an order of condem- nation by the State of Florida. Concurrent with the sale, the Company satisfied a related note payable of approximately $793 plus accrued interest. The Company appealed the value of this property and on November 19, 2001, an Order was entered by the Circuit Court of the 11th Judicial Circuit of Florida in and for Miami-Dade County pursuant to which the State of Florida Department of Transportation was ordered to pay to the Company, an aggregate value of $2,350, plus legal fees in the amount of $253 in connection with the condemnation by the State of Florida of the restaurant. The  additional proceeds received by the Company of approximately $850 is recorded as a component of “investment and other income” in the accompanying consolidated statement of operations for the year ended March 31, 2002. As described in Notes F-1 and F-2 above, the Company has classified the results of operations of eight restaurants as discontinued operations in accordance with SFAS No. 144. The following is a summary of the results of operations for these eight restaurants for the fiscal years ended March 30, 2003 and March 31, 2002: There were no restaurants that were classified as discontinued operations during fiscal 2004. Accrued expenses and other current liabilities consist of the  following: In August 2002, the Company received written notice from Home Depot U.S.A., Inc. (“Home Depot”) that Home Depot ter- minated seven License Agreements with the Company pursuant to which the Company operated Nathan's restaurants in certain Home Depot Improvement Centers. In accordance with the termination notices, the Company ceased its operations in all seven Home Depot locations during the fiscal year ended March 30, 2003.  Pursuant to SFAS No. 144, the results of operations for all seven of these restaurants have been presented as discontinued operations  in the accompanying consolidated statement of operations as the Company has no continuing involvement in the operations of these restaurants or cash flows relating to any of these restaurants. The Company revised the estimated useful lives of these assets to reflect the shortened useful lives and recorded additional depreciation expense of approximately $428 during the fiscal year ended March 30, 2003. Pursuant to the termination provisions of certain of the lease agree- ments with Home Depot, the Company received payments of $184.  Following is a summary of the results of operations for these seven restaurants for the fiscal years ended March 30, 2003 and March 31, 2002: In connection with the Company’s acquisition of Miami Subs, Nathan’s planned to permanently close 18 underperforming  Company-owned restaurants; Nathan’s expected to abandon or sell the related assets at amounts below the historical carrying amounts  recorded by Miami Subs. In accordance with APB No. 16, “Business Combinations,” the write-down of these assets was reflected as part  of the purchase price allocation. The Company has closed or sold all 18 units. As of March 28, 2004, the Company has recorded charges  Other liabilities consist of the following: 3. Discontinued Operations 2. Foodservice License Termination Within  Home Depot Stores (A) (Loss) income before income taxes for the fiscal year ended March 30, 2003 includes addi- tional depreciation expense of $428, as a result of revising the estimated useful lives of these restaurants.  ( A) Loss before income taxes for the fiscal year ended March 30, 2003 includes additional depre- ciation expense of $428, as a result of revising the estimated useful lives of these restaurants. Note G—Accrued Expenses, Other Current Liabilities and Other Liabilities Lease Reserve Termination Costs 2004 Annual Report  Nathan’s Famous, Inc. & Subsidiaries page twenty-seven March 28, March 30, 2004 2003 Payroll and other benefits $1,369 $1,324 Professional and legal costs 259 349 Self-insured retention 346 596 Rent, occupancy and lease reserve  termination costs 757 739 Taxes payable 544 556 Unexpended advertising funds 440 — Deferred marketing funds 410 396 Other 711 982 $4,836 $4,942 March 28, March 30, 2004 2003 Deferred income—supplier contracts $1,137 $1,148 Deferred development fees 453 170 Deferred gain on sales of fixed assets 269 183 Deferred rental liability 264 242 Tenant’s security deposits on subleased property 111 88 $2,234 $1,831 2003 2002 Revenues $3,096 $4,099 (Loss) income before income taxes (A) $ (166) $ 316 2003 2002 Revenues $3,543 $4,857 Loss before income taxes (A) $ (206) $ (238)