Rental And Lease Information

12 Months Ended

Dec. 31, 2016

Rental and Lease Information [Abstract]

Note 17.

Rental and Lease Information

The Company has capital and operating leases for certain plant facilities, office facilities, and equipment. Rental expense for the years ended December 31, 2016, 2015, and 2014 amounted to $4,864, $4,611, and $3,062, 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, 2016:



		Capital		Operating
Year ending December 31,		Leases		Leases

2017	$	626	$	4,292
2018		589		2,883
2019		503		2,109
2020		240		1,784
2021		-		1,511
2022 and thereafter		-		6,538
Total minimum lease payments		1,958	$	19,117
Less amount representing interest		114
Total present value of minimum payments with interest rates ranging from 2.95% to 4.25%	$	1,844

Assets recorded under capital leases are as follows for the years ended December 31, 2016 and 2015:



		2016		2015


Machinery and equipment at cost	$	3,152	$	3,157
Less accumulated amortization		829		450
Net capital lease assets	$	2,323	$	2,707