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LEASES
12 Months Ended
May 31, 2012
LEASES

NOTE K — LEASES

We lease certain property, plant and equipment under long-term operating lease agreements, some of which provide for increased rental payments based upon increases in the cost-of-living index. The following table illustrates our future minimum lease commitments under all non-cancelable lease agreements, for each of the next five years and in the aggregate, as of May 31, 2012:

 

May 31,

      
(In thousands)       

2013

   $ 38,034  

2014

     29,107  

2015

     21,784  

2016

     16,491  

2017

     12,718  

Thereafter

     35,960  
  

 

 

 

Total Minimum Lease Commitments

   $ 154,094  
  

 

 

 

Total rental expense for all operating leases amounted to $40.6 million, $41.4 million and $41.8 million for the fiscal years ended May 31, 2012, 2011 and 2010, respectively.