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Leases and other commitments
12 Months Ended
Jul. 31, 2017
Leases [Abstract]  
Leases and other commitments

12. Leases and other commitments

Certain of our subsidiaries lease manufacturing and office space under non-cancelable operating leases. These leases contain renewal options. We lease certain other real property and equipment under operating leases which, in the aggregate, are not significant.

Rent expense associated with our operating leases was approximately $1.8 million, $1.9 million, and $2.3 million in fiscal years 2017, 2016 and 2015, respectively.

The following is a schedule by year of future minimum lease payments at July 31, 2017:

 

(in millions)

 

 

 

 

Fiscal Year

 

 

 

 

2018

 

$

2.2

 

2019

 

 

1.3

 

2020

 

 

0.8

 

2021

 

 

0.1

 

2022

 

 

-

 

Thereafter

 

 

-

 

 

 

$

4.4

 

 

At July 31, 2017, we had outstanding non-cancelable purchase orders aggregating to $23.2 million. The purchase orders relate primarily to inventory procurement, capital expenditures entered in the normal course of business, and other miscellaneous production related obligations.  

 

As discussed in Note 4. Restructuring charges, the Company is exiting the Vancouver facility.  As of July 31, 2017, the Company has not yet met the cease use date to incur the restructuring charge associated with exiting the Vancouver facility’s lease.  The Company expects to incur a charge to restructuring associated with the exit of the Vancouver facility of $0.4 million in the first quarter of fiscal 2018 ended October 31, 2017.