XML 64 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
Commitments
12 Months Ended
Jun. 30, 2012
Commitments

H. Commitments

We lease a total of 162,000 square feet at our manufacturing facility in Vista, California from an unaffiliated third party under a non-cancelable operating lease that expires in March 2014.

NAIE leases facility space in Manno, Switzerland. The leased space totals approximately 59,239 square feet. We primarily use the facilities for manufacturing, packaging, warehousing and distributing nutritional supplement products for the European marketplace. On September 3, 2012, we agreed to a new lease for the facility in switzerland that will replace the existing leases effective January 1, 2013. The new lease expires in December 2022.

 

Minimum rental commitments (exclusive of property tax, insurance and maintenance) under all non-cancelable operating leases with initial or remaining lease terms in excess of one year, including the lease agreements referred to above, are set forth below as of June 30, 2012 (in thousands):

 

     2013      2014      2015      2016      2017      There-
after
     Total  

Gross minimum rental commitments

   $ 2,680       $ 2,305       $ 1,221       $ 1,054       $ 887       $ 4,876      $ 13,023   

Rental expense totaled $2.5 million for the fiscal year ended June 30, 2012 and $2.3 million for fiscal 2011.