We lease certain equipment under capital lease arrangements expiring through fiscal 2016 at interest rates of 3.6% to 5.4%. We rent certain of our facilities under operating leases expiring through fiscal 2023.

Future minimum lease payments under capital leases, operating leases and commitments for the purchase of inventory and property and equipment are as follows (in thousands):

Fiscal Year Ended March 31,		Capital Leases		Operating Leases		Other Purchase Obligations
	2015	$	2,547	$	1,268	$	29,455
	2016		731		834		2,025
	2017		-		726		-
	2018		-		646		-
	2019		-		648		-
	Thereafter		-		1,842		-
Total minimum payments			3,278	$	5,964	$	31,480
Less: interest			87
			3,191
Less: current portion			2,468
Capitalized lease obligations, net of current portion		$	723

Rent expense for fiscal years ended March 31, 2014, 2013 and 2012 amounted to $1.4 million, $1.3 million and $1.7 million, respectively.

As of March 31, 2014 and 2013, we had cash deposits with financial institutions of $337,000 and $314,000, respectively, which were restricted as to use and represent compensating balances for current or future discounted acceptances and letters of credit. These balances are included in restricted cash on our balance sheets.

On December 6, 2013, we entered into an Amended and Restated Credit Agreement with BOTW, for a revolving line of credit of $50.0 million. All amounts owed under the credit agreement are due and payable on November 30, 2015. Borrowings may be repaid and re-borrowed at any time during the term of the credit agreement. The obligations are guaranteed by two of our subsidiaries. The credit agreement includes a letter of credit subfacility, under which BOTW agrees to issue letters of credit of up to $3.0 million. However, borrowing under this subfacility is limited to the extent of availability under the $50.0 million revolving line of credit. At March 31, 2014, the outstanding principal balance under the credit agreement was $15.0 million. See Note 8, “Borrowing and Deferred Payment Arrangements” for further information regarding the terms of the credit agreement.

We are obligated to pay $30.0 million in two installment payments of $15.0 million each. The first installment is due on June 27, 2014 and the second installment is due on December 31, 2014. See Note 3, “Business Combination” and Note 8, “Borrowing and Deferred Payment Arrangements” for further information regarding the acquisition and the payment information.

We are currently involved in a variety of legal matters that arise in the normal course of business. Based on information currently available, management does not believe that the ultimate resolution of these matters will have a material adverse effect on our financial condition, results of operations and cash flows. Were an unfavorable ruling to occur, there exists the possibility of a material adverse impact on the results of operations of the period in which the ruling occurs.

On occasion, we provide limited indemnification to customers against intellectual property infringement claims related to our products. To date, we have not experienced significant activity or claims related to such indemnifications. We also provide in the normal course of business indemnification to our officers, directors and selected parties. We are unable to estimate any potential future liability, if any. Therefore, no liability for these indemnification agreements has been recorded as of March 31, 2014 and 2013.