Purchase Contracts
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Dec. 31, 2011
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Purchase Contracts [Abstract] | |||||||||||||||||||||||||||||
Purchase and Supply Commitment, Excluding Long-term Commitment [Text Block] |
Purchase Contracts
We have entered into agreements, and have fixed prices, to purchase yarn, natural gas, finished fabric, finished apparel and headwear products. At December 31, 2011, minimum payments under these contracts were as follows (in thousands):
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- Details
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- Definition
The entire disclosure for arrangements in which the entity has agreed to expend funds to procure goods or service from one or more suppliers, or to commit resources to supply goods or services to one or more customers. May include identification of the goods or services to be purchased, the goods or services to be furnished, identity of the buyer or seller, pricing, effects on pricing (such as penalties) of failing to reach minimum quantities required to be purchased, effects on pricing (such as penalties) of failing to deliver minimum quantities required to be furnished, cancellation rights, and termination provisions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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