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Commitments and Contingencies (Tables)
3 Months Ended
Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Contractual obligations
Contractual obligations for the remainder of fiscal 2016 and future fiscal years are as follows: 
 
 
Contractual Obligations
(In thousands)
 
Capital Lease
Obligations
 
Operating
 Lease
Obligations
 
Texas Facility Lease Obligation(1)
 
Pension Plan
Obligations
 
Postretirement
Benefits Other
Than Pension Plans
 
Revolving Credit Facility
 
Purchase Commitments(2)
Nine months ending
  June 30,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
$
2,516

 
$
2,217

 
$

 
$
5,693

 
$
807

 
$
154

 
$
45,503

Year Ending June 30,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2017
 
1,598

 
2,585

 
1,860

 
7,179

 
1,171

 

 

2018
 
898

 
2,234

 
3,757

 
7,345

 
1,306

 

 

2019
 
144

 
1,573

 
3,832

 
7,604

 
1,480

 

 

2020
 
51

 
563

 
3,909

 
7,787

 
1,555

 

 

Thereafter
 
4

 
31

 
50,973

 
43,653

 
8,950

 

 

 
 
 
 
$
9,203

 
$
64,331

 
$
79,261

 
$
15,269

 
$
154

 
$
45,503

Total minimum lease payments
 
$
5,211

 
 
 
 
 
 
 
 
 
 
 
 
Less: imputed interest
   (0.82% to 10.7%)
 
(248
)
 
 
 
 
 
 
 
 
 
 
 
 
Present value of future minimum lease payments
 
$
4,963

 
 
 
 
 
 
 
 
 
 
 
 
Less: current portion
 
2,904

 
 
 
 
 
 
 
 
 
 
 
 
Long-term capital lease obligations
 
$
2,059

 
 
 
 
 
 
 
 
 
 
 
 
____________
(1) Includes estimated minimum lease payments commencing December 31, 2016 for the new facility under the Lease Agreement assuming the purchase option thereunder is not exercised. Calculation of the annual base rent under the Lease Agreement shown in the table uses the total estimated budget for the project. If the Company were to exercise the purchase option under the Lease Agreement on or before July 17, 2016, the estimated option purchase price in lieu of the lease payments would be $51.1 million payable in the year ending June 30, 2017.  This estimate is based upon the preliminary budget delivered at the time the Lease Agreement was executed and includes amounts in respect of construction costs, acquisition of the land upon which the Northlake, Texas facility will be constructed, Lessor and Company fees and expenses (such as legal fees), and preliminary contingency amounts of approximately $5.1 million, in the aggregate. The actual option purchase price would be based upon the amounts set forth in the final budget (see Note 3).
(2) Purchase commitments include commitments under coffee purchase contracts for which all delivery terms have been finalized but the related coffee has not been received as of September 30, 2015. Amounts shown in the table above: (a) include all coffee purchase contracts that the Company considers to be from normal purchases; and (b) do not include amounts related to derivative instruments that are recorded at fair value on the Company’s consolidated balance sheets.