notes to
consolidated
financial
statements

in thousands
except share data

a. leases

The Company occupies office and warehouse facilities under terms of operating leases expiring up to 2007. At December 31, 1997, future minimum annual lease payments under all leases are as follows:

b. employee benefits

The Company has an employee savings plan under which the Company provides a discretionary matching contribution. In 1997, 1996, and 1995, the Company's contributions under the plan were $1,119, $1,044, and $756, respectively.