LEASE COMMITMENTS

12 Months Ended

Dec. 31, 2013

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 2027. 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 $30,720, $26,911 and $27,558 in 2013, 2012 and 2011, respectively.

        Assets recorded under capital leases consist of:

	2013			2012
Buildings	$	15,162		$	14,557
Accumulated depreciation		(11,705	)		(10,825	)
	$	3,457		$	3,732

        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, 2013:

	Capital Leases			Operating Leases
2014	$	690		$	16,421
2015		887			12,552
2016		855			9,109
2017		782			7,514
2018		631			4,391
Subsequent to 2018		—			5,834
Total minimum lease payments		3,845		$	55,821
Amounts representing interest		(936	)
Present value of future minimum lease payments		2,909
Lease amount due in one year		(524	)
Total	$	2,385