Commitments and Contingencies

12 Months Ended

Dec. 31, 2014

Commitments and Contingencies

Commitments and Contingencies

(8) Commitments and Contingencies

        The Company leases some of the equipment used in its operations under operating leases. Generally, the leases are for periods varying from one to five years and are renewable at the option of the Company. The Company also has a lease for corporate office space. Total lease and rent expense was $2.2 million for 2014 and $2.0 million for each of 2013 and 2012. As of December 31, 2014, future minimum payments under operating leases that were either non-cancelable or subject to significant penalty upon cancellation were $1.7 million for 2015, $1.6 million for 2016, $1.1 million for 2017, $0.5 million for 2018, $0.5 million for 2019 and $0.4 million thereafter.

        The Company is party to lawsuits and claims arising in the normal course of business, none of which, in the opinion of management, is expected to have a material adverse effect on the Company's financial condition, results of operations, cash flows or competitive position.

        The Company is not contractually committed to any planned capital expenditures until actual orders are placed for equipment or services.