Lease Commitments

12 Months Ended

Dec. 31, 2014

LEASE COMMITMENTS

As of December 31, 2014, the Company was obligated under noncancellable operating lease agreements for certain sales offices and manufacturing facilities, manufacturing equipment, vehicles, information technology equipment and warehouse space. Future minimum lease payments for noncancellable operating leases with initial or remaining terms in excess of one year are as follows:




Fiscal year ending December 31	(In thousands)
2015	$	10,708
2016	6,810
2017	4,596
2018	3,738
2019	948
Thereafter	292
Total minimum lease payments	$	27,092

Total rental expense for all equipment and building operating leases for the years ended December 31, 2014, 2013, and 2012, were $13.3 million, $9.5 million, and $9.4 million, respectively.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References+ Details