text: The Company invests these funds in high grade money market instru-  Property, plant, and equipment at year-end include the following 
  
  ments. Prior to 2003 the plan was not funded. The discount rates at  amounts for capitalized leases: 
  
  fiscal year-end 2003, 2002, and 2001 were 6.0%, 6.5%, and 6.5%, 
  
  respectively. The Company payment for these benefits has reached the 
  
  maximum amounts per the plan; therefore, healthcare trend rates have 
  
  no impact on company cost. 
  
  In December 2003, the United States enacted into law the 
  
  Medicare Prescription Drug, Improvement and Modernization Act of 
  
  2003 (the “Act”). The Act established a prescription drug benefit under 
  Rent expense for the years 2003, 2002, and 2001 amounted to approx- 
  Medicare, known as “Medicare Part D,” and a federal subsidy to spon- 
  imately $13,592,000, $13,683,000, and $13,387,000, respectively. 
  sors of retiree health care benefit plans that provide a benefit that is at 
  Contingent rent expense under both capitalized and operating leases 