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Leases

12 Months Ended

Jun. 30, 2014

Note 12—Leases

At June 30, 2014, we are obligated for the following minimum lease commitments under terms of our operating lease agreements:


	Operating Leases
2015	$	30,882
2016		29,993
2017		21,911
2018		20,372
2019		17,033
Thereafter		41,985

Total minimum lease payments		162,176

Operating lease expense was $51.2 million, $49.3 million and $40.5 million for each of the fiscal years ended June 30, 2014, 2013 and 2012, 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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