NOTE 15 COMMITMENTS AND CONTINGENCIES Leases The Company leases certain property consisting of retail and outlet stores, corporate offices, distribution centers and equipment. Leases expire at various dates through 2027. The stores, distribution centers and corporate office leases generally provide that the Company assumes the maintenance and all or a portion of the property tax obligations on the leased property. Most store leases also provide for minimum annual rentals, with provisions for additional rent based on a percentage of sales and for payment of certain expenses. The aggregate future minimum rental payments under leases in effect as of February 2, 2013, are as follows ( in thousands ): Capital Leases Operating Leases Total 2013 $ 3,070 $ 62,343 $ 65,413 2014 1,414 55,137 56,551 2015 184 47,919 48,103 2016 42 43,497 43,539 2017   39,545 39,545 Thereafter   224,395 224,395 Minimum lease commitments 4,710 $ 472,836 $ 477,546 Less amount representing interest (183 ) Present value of capital lease obligations 4,527 Less current capital lease obligations (2,925 ) Long-term capital lease obligations $ 1,602 The current and long-term capital lease obligations are included in other current liabilities and other long-term obligations, respectively, on the consolidated balance sheets. Lease payments that depend on factors that are not measurable at the inception of the lease, such as future sales volume, are contingent rentals and are excluded from minimum lease payments and included in the determination of total rental expense when it is probable that the expense has been incurred and the amount is reasonably estimable. Future payments for insurance, real estate taxes and repair and maintenance to which the Company is obligated are excluded from minimum lease payments. Minimum and contingent rental expense under operating leases is as follows ( in thousands ): Year Ended February 2, 2013 January 28, 2012 January 29, 2011 Operating leases Minimum rental expense $ 52,750 $ 51,665 $ 48,801 Contingent rental expense