Rental And Lease Information

12 Months Ended

Dec. 31, 2017

The Company has capital and operating leases for certain plant facilities, office facilities, and equipment. Rental expense for the years ended December 31, 2017, 2016, and 2015 amounted to $5,278, $4,864, and $4,611, respectively. Generally, land and building leases include escalation clauses.

The following is a schedule, by year, of the future minimum payments under capital and operating leases, together with the present value of the net minimum payments at December 31, 2017:



	Capital		Operating
Year ending December 31,	Leases		Leases
2018	$	711	$	4,483
2019	598		3,149
2020	265		2,467
2021	—		1,769
2022	—		1,177
2023 and thereafter	—		4,766
Total minimum lease payments	1,574		$	17,811
Less: amount representing interest	78
Total present value of minimum payments with interest rates ranging from 2.95% to 4.25%	$	1,496

Assets recorded under capital leases are as follows for the years ended December 31, 2017 and 2016:



	2017		2016
Machinery and equipment at cost	$	3,164	$	3,152
Less: accumulated amortization	1,066		829
Net capital lease assets	$	2,098	$	2,323