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Commitments
6 Months Ended
Dec. 31, 2016
Commitments  
Commitments

 

Note 14.  Commitments

 

Leases

 

The Company leases certain manufacturing and office equipment, in the ordinary course of business.  These leases are typically renewed annually.  Rental and lease expense was not material for all periods presented.

 

Future minimum lease payments under noncancelable operating leases (with initial or remaining lease terms in excess of one year) for the remainder of Fiscal 2017 and the twelve month periods ending June 30 thereafter are as follows:

 

(In thousands)

 

Amounts Due

 

Remainder of 2017

 

$

796 

 

2018

 

1,142 

 

2019

 

1,080 

 

2020

 

1,080 

 

2021

 

1,080 

 

Thereafter

 

6,318 

 

 

 

 

 

Total

 

$

11,496