XML 116 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Leases
12 Months Ended
May 31, 2014
Leases

NOTE L — 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, 2014:

 

May 31,

      

(In thousands)

  

2015

   $ 48,695  

2016

     39,054  

2017

     28,971  

2018

     21,459  

2019

     15,405  

Thereafter

     68,280  
  

 

 

 

Total Minimum Lease Commitments

   $ 221,864  
  

 

 

 

Total rental expense for all operating leases amounted to $50.9 million, $46.5 million and $40.6 million for the fiscal years ended May 31, 2014, 2013 and 2012, respectively.