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LEASE COMMITMENTS
12 Months Ended
Dec. 31, 2012
LEASE COMMITMENTS  
LEASE COMMITMENTS

NOTE 7 LEASE COMMITMENTS

 The Company leases certain warehouse, plant, and office facilities as well as certain equipment under noncancelable operating and capital leases expiring at various dates through the year 2029. Most of the operating leases contain renewal options and certain leases include options to purchase during or at the end of the lease term.

        Amortization expense related to capital leases is included in depreciation expense. Rent expense under operating leases (including taxes, insurance and maintenance when included in the rent) amounted to $26,911, $27,558 and $23,382 in 2012, 2011 and 2010, respectively.

        Assets recorded under capital leases consist of:


 
  2012
  2011
 

Buildings

  $ 14,557   $ 16,861  

Accumulated depreciation

    (10,825 )   (10,255 )
       

 

  $ 3,732   $ 6,606  
           

        Future minimum payments, by year and in the aggregate, under the capital leases and noncancelable operating leases with initial or remaining terms of one year or more consisted of the following at December 31, 2012:

    
 
   
    
 
 
  Capital
Leases

  Operating
Leases

 

2013

  $ 588   $ 15,522  

2014

    676     12,061  

2015

    666     9,599  

2016

    676     7,559  

2017

    541     5,278  

Subsequent to 2017

    1,105     21,544  
       

Total minimum lease payments

    4,252   $ 71,563  
             

Amounts representing interest

    (1,314 )      
         

Present value of future minimum lease payments

    2,938        

Lease amount due in one year

    (420 )      
         

Total

  $ 2,518