Contractual Obligations and Commercial Commitments borrowings under our working capital facility offset partially by funds received from the exercise of employee stock options and employee stock purchases.  We anticipate that total capital expenditures will approximate $50 to $60 million in fiscal 2002, including our expansion into Canada. These expenditures will relate primarily to the opening of approximately 130 stores, the establishment of a distribution center in Canada, store remodelings, hardware and software to support our information system initiatives, ongoing store maintenance programs and ongoing administrative office and warehouse equipment needs. We plan to fund these capital expenditures primarily with cash flow from operations. We believe that cash generated from operations and funds available under our working capital facility will be sufficient to fund our capital and other cash flow requirements for at least the next 12 months. In addition, as we continue our store expansion program we will consider additional sources of financing to fund our long-term growth. Our ability to meet our capital requirements will depend on our ability to generate cash from operations and successfully implement our store expansion plans. The following tables summarize our contractual and commercial obligations as of February 2, 2002: (1) We expect to be released from standb letters of credit securing real estate leases during fiscal 2002. No payment will be required for these releases. 16 Payments Due By Period Contractual Obligations (dollars in thousands) Total Less than 1 year 1-3 years 4-5 years After 5 years Long-term Debt ................................................... $0 $0 $0 $0 $0 Capital Leases..................................................... 0 0 0 0 0 Operating Leases ................................................. 611,034 74,117 221,850 136,350 178,717 Amounts of Commitment Expiration Per Period Total Amounts Other Commercial Commitments (dollars in thousands) Committed Less than 1 year 1-3 years 4-5 years After 5 years Working Capital Facility ......................................... $0  $0 $0 $0 $0 Merchandise Letters of Credit ................................. 8,949 8,949 0 0 0 Standby Letters of Credit ....................................... 429 275 (1) 154 0 0 