content_image/21842.jpg content_image/21843.jpg
The accounting policies of the operating entities are the same as those described in the summary of significant accounting policies. Revenues are attributed to geographic areas based on the location of the market producing the revenues. 

<img src='content_image/21842.jpg'>

## Note 12 – Commitments and Contingencies 

Operating leases – The Company leases its offices, manufacturing plants and warehouses under operat- ing lease agreements expiring through December 2009. Rent expense amounted to approximately $2,711,000, $2,455,000, and $2,938,000 for the years ended December 31, 2002, 2003, and 2004, respectively. 

Future minimum lease payments under non- cancelable operating leases for years ending December 31 are: 

<img src='content_image/21843.jpg'>

