XML 67 R40.htm IDEA: XBRL DOCUMENT v2.4.1.9
LEASE COMMITMENTS
12 Months Ended
Dec. 31, 2014
Leases, Operating [Abstract]  
LEASE COMMITMENTS
LEASE COMMITMENTS

The Company leases certain buildings and equipment under operating leases.  Certain lease agreements provide for renewal options, fair value purchase options, and payment of property taxes, maintenance and insurance by the Company.  Total rental expense was $10.2 million, $7.6 million and $2.2 million for the years ended December 31, 2014, 2013 and 2012, respectively.

At December 31, 2014, future minimum rental commitments under noncancellable operating leases with initial or remaining terms in excess of one year are as follows (amounts in thousands):
2015
$
6,874

2016
5,824

2017
3,996

2018
2,235

2019
1,451

Thereafter
1,885

Total future minimum lease payments
$
22,265




At December 31, 2014, the Company had assets held as capital leases with a net book value of $10.8 million included in property, plant and equipment. Total future capital lease obligations relating to these leases are as follows (amounts in thousands):
2015
$
1,522

2016
1,015

2017
526

2018
115

2019
88

Thereafter
5

Total future capital lease obligation payments
3,271

Less amount representing interest
(71
)
Present value of future capital lease obligation payments
$
3,200