14.

LEASES

The Company leases office space, storage warehouses and certain office and plant equipment under various operating leases. Minimum annual payments under these non-cancelable leases as of December 31, 2018 were as follows (in thousands):


Year Ending December 31,
2019	$	10,998
2020		9,317
2021		8,952
2022		6,901
2023		6,576
Thereafter		19,080

Total minimum lease payments	$	61,824

For the years ended December 31, 2018, 2017 and 2016, the Company recognized rental expenses of approximately $10.0 million, $9.1 million, and $9.9 million, respectively.