Leases

12 Months Ended

Jun. 30, 2011

Leases

Leases

NOTE 14. LEASES

The Company conducts its operations from leased office facilities, all of which are classified as operating leases and expire over the next 11 years. Future minimum lease payments due under non-cancelable leases as of June 30, 2011, are as follows (in thousands):

Year ending June 30:
2012	$	35,289
2013		31,336
2014		29,563
2015		28,029
2016		22,263
Thereafter		76,007
Total minimum lease payments	$	222,487

The minimum lease payments above are shown net of sublease rental income of $0.1 million scheduled to be received over the next eight months under non-cancelable sublease agreements.

Rent expense incurred under operating leases for the years ended June 30, 2011, 2010, and 2009 totaled $45.9 million, $43.0 million, and $40.2 million, respectively.