Operating Leases

12 Months Ended

Jun. 30, 2011

13.

Operating Leases

The Company leases certain facilities and equipment under operating leases. Total rent expense was $7.3 million, $6.8 million and $6.4 million for the fiscal years ended June 30, 2011, 2010 and 2009, respectively.

Future minimum payments for non-cancellable operating leases in effect at June 30, 2011 are: $6.6 million in fiscal year 2012, $4.2 million in fiscal year 2013, $2.8 million in fiscal year 2014, $2.4 million in fiscal year 2015, $1.1 million in fiscal year 2016 and $2.7 million thereafter.

- Definition

General description of lessee's leasing arrangements including: (1) The basis on which contingent rental payments are determined, (2) The existence and terms of renewal or purchase options and escalation clauses, (3) Restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) Rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

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