Note 11 — Leases

We have lease commitments expiring at various dates, principally for manufacturing, warehouse and office space, automobiles and office equipment. Many leases contain renewal options and some contain purchase options and residual guarantees.

Rent expense for all operating leases was approximately $15,721, $15,135 and $14,835 in 2015, 2014 and 2013, respectively.

Amortization of assets recorded under capital leases is recorded in depreciation expense.

Assets held under capitalized leases and included in property, plant and equipment are as follows:

	2015			2014
Transportation equipment	$	15,614		$	15,524
Other		10,070			12,191
Total capitalized leases		25,684			27,715
Accumulated amortization		(10,743	)		(11,139	)
Net capitalized leases	$	14,941		$	16,576

At October 31, 2015, future minimum lease payments under non-cancelable capitalized and operating leases are as follows:

	Capitalized Leases		Operating Leases
Year:
2016	$	6,417	$	12,611
2017		3,981		8,490
2018		2,025		6,746
2019		866		5,944
2020		609		4,143
Later years		5,746		11,886
Total minimum lease payments		19,644	$	49,820
Less amount representing executory costs		1,550
Net minimum lease payments		18,094
Less amount representing interest		3,512
Present value of net minimum lease payments		14,582
Less current portion		4,884
Long-term obligations at October 31, 2015	$	9,698