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LEASES
12 Months Ended
Dec. 31, 2017
LEASES  
LEASES

 

NOTE M — LEASES

 

Rent expense under operating leases was approximately $47.3 million, $48.1 million, and $50.1 million, for the years ended December 31, 2017, 2016 and 2015, respectively, which was included within “Other operating costs” and “General and administrative expenses” in our consolidated statements of operations and comprehensive loss.  Sublease rental income is not material.  The net book value of office equipment under capital leases was approximately $0.7 million and $0.8 million at December 31, 2017 and 2016, respectively.  Equipment capital lease obligations are included in long-term debt as a part of “Financing leases and other” in Note N - “Long-Term Debt.”

 

Future minimum rental payments, by year and in the aggregate, under operating and financing obligations with terms of one year or more at December 31, 2017 are as follows:

 

(in thousands)

 

Operating
Leases

 

Capital
Leases

 

 

 

 

 

 

 

2018

 

$

38,567

 

$

343

 

2019

 

29,888

 

198

 

2020

 

21,418

 

121

 

2021

 

14,721

 

50

 

2022

 

9,417

 

 

Thereafter

 

11,903

 

 

 

 

 

 

 

 

Total

 

$

125,914

 

$

712

 

 

 

 

 

 

 

 

 

 

Future minimum rental payments, by year and in the aggregate, under operating and financing obligations with terms of one year or more at December 31, 2016 are as follows:

 

(in thousands)

 

Operating
Leases

 

Capital
Leases

 

 

 

 

 

 

 

2017

 

$

39,581

 

$

467

 

2018

 

32,507

 

268

 

2019

 

25,192

 

121

 

2020

 

17,226

 

39

 

2021

 

11,556

 

 

Thereafter

 

16,147

 

 

 

 

 

 

 

 

Total

 

$

142,209

 

$

895