LEASE COMMITMENTS

6 Months Ended

Dec. 31, 2016

The Company leases various buildings and equipment. The leases generally provide for payment of additional rent based upon increases in items such as real estate taxes and insurance. Certain lease agreements have renewal options for periods typically ranging between two and five years. Certain lease agreements have escalation clauses for rent, which have been straight-lined over the life of the respective lease agreements. The minimum rental lease commitments for non-cancellable operating leases as of December 31, 2016 are presented below:



Fiscal Year Ending June 30
2017, remaining	$	61.4
2018	117.2
2019	104.7
2020	89.7
2021	77.8
Thereafter	357.2
	808.0
Less: sublease income	(33.8		)
Total minimum payments required	$	774.2

The Company incurred rent expense of $39.7 and $19.3 relating to operating leases during the three months ended December 31, 2016 and 2015 respectively and $60.7 and $39.7 during the six months ended December 31, 2016 and 2015 respectively.