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Leases

12 Months Ended

Jun. 30, 2013

Note 12 – Leases

At June 30, 2013, we are obligated for the following minimum lease commitments under terms of our operating lease agreements:


	Operating Leases
2014	$	34,426
2015		29,309
2016		24,930
2017		23,044
2018		22,096
Thereafter		35,317

Total minimum lease payments		169,122

Operating lease expense was $49.3 million, $40.5 million and $44.8 million for each of the fiscal years ended June 30, 2013, 2012 and 2011, respectively.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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