16.	Commitments and Contingencies

The Company leases certain manufacturing, distribution and office facilities, machinery and computer equipment, automobiles and warehouse space under both capital and operating leases. The future minimum capital and operating lease commitments and related present value of capital lease commitments at

December 31, 2018,

are as follows:

	Capital Leases			Operating Leases
2019	$	2,166		$	8,914
2020		2,477			7,575
2021		2,053			6,379
2022		1,995			4,955
2023		1,889			4,482
After 2023		18,108			18,614
Total minimum lease payments		28,688		$	50,919
Interest		(8,517	)
Present value of minimum lease payments	$	20,171

Total rent expense related to operating leases for the years ended

December 31, 2018,

2017

and

2016,

was approximately

$10,739,

$10,845

and

$9,146,

respectively.

The Company has an arrangement with a finance company to provide floor plan financing for certain dealers. The Company receives payment from the finance company after shipment of product to the dealer. The Company participates in the cost of dealer financing up to certain limits and has agreed to repurchase products repossessed by the finance company, but does

not

indemnify the finance company for any credit losses they incur. The amount financed by dealers which remained outstanding under this arrangement at

December 31, 2018

and

2017

was approximately

$47,200

and

$36,500,

respectively.

In the normal course of business, the Company is named as a defendant in various lawsuits in which claims are asserted against the Company. In the opinion of management, the liabilities, if any, which

may

result from such lawsuits are

not

expected to have a material adverse effect on the financial position, results of operations, or cash flows of the Company.