XML 95 R23.htm IDEA: XBRL DOCUMENT v2.4.1.9
Commitments and Contingencies
12 Months Ended
Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies
The Company's leases are primarily for distribution facilities or sales offices that expire principally between 2015 and 2023. A number of leases require the Company to pay certain executory costs (taxes, insurance, and maintenance) and contain certain renewal and purchase options. Annual rental expenses for operating leases were included in results of operations and were $7.6 million, $9.9 million and $10.1 million in fiscal years 2015, 2014, and 2013, respectively.
Future minimum lease payments over the next five fiscal years and thereafter under non-cancellable operating leases at March 31, 2015, are as follows (amounts in thousands):
 
 
Fiscal Years Ended March 31,
 
 
2016
 
2017
 
2018
 
2019
 
2020
 
Thereafter
Minimum lease payments
 
$
5,221

 
$
2,879

 
$
2,135

 
$
1,144

 
$
401

 
$
1,272

Sublease rental income
 
(21
)
 

 

 

 

 

Net minimum lease payments
 
$
5,200

 
$
2,879

 
$
2,135

 
$
1,144

 
$
401

 
$
1,272


The Company or its subsidiaries are at any one time parties to a number of lawsuits arising out of their respective operations, including workers' compensation or work place safety cases, some of which involve claims of substantial damages. Although there can be no assurance, based upon information known to the Company, the Company does not believe that any liability which might result from an adverse determination of such lawsuits would have a material adverse effect on the Company's financial condition or results of operations.