text: 75% is secured by collateral. In accordance with the provisions of FIN 
  
  federal subsidy is pending. The final issued guidance could require a  45, the Company has recorded the fair value of this guarantee, which is 
  
  change to previously reported information.  estimated to be less than $0.1 million. 
  
  The Company utilizes letters of credit in the amount of 
  **Leases**
  $24 million to back certain financing instruments, insurance policies, 
  The Company leases certain warehouses. Commitments for minimum 
  and payment obligations. The letters of credit reflect fair value as a 
  rentals under noncancelable leases at the end of 2003 are as follows: 
  condition of their underlying purpose and are subject to fees competi- 
  
  tively determined. 
  
  The Company is contingently liable for future minimum pay- 
  
  ments totaling $9.7 million under a transportation service contract. 
  
  The transportation agreement is for a three-year period and is auto- 
  
  matically renewable for periods of one year unless either party gives 
  
  sixty days’ written notice of its intent to terminate at the end of the 
  
  original three-year term or any subsequent term. The minimum pay- 
  
  ments are $4.8 million in 2004, and $4.9 million in 2005. 