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 $17,938, $18,047 and $15,721 in 2017, 2016 and 2015, 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:

	2017			2016
Transportation equipment	$	17,594		$	15,991
Other		8,121			8,240
Total capitalized leases		25,715			24,231
Accumulated amortization		(11,408	)		(10,235	)
Net capitalized leases	$	14,307		$	13,996

At October 31, 2017, future minimum lease payments under non-cancelable capitalized and operating leases are as follows:

	Capitalized Leases		Operating Leases
Year:
2018	$	6,353	$	17,337
2019		4,463		13,324
2020		2,386		10,176
2021		884		8,381
2022		617		7,179
Later years		4,655		17,720
Total minimum lease payments		19,358	$	74,117
Less amount representing executory costs		1,833
Net minimum lease payments		17,525
Less amount representing interest		3,019
Present value of net minimum lease payments		14,506
Less current portion		4,813
Long-term obligations at October 31, 2017	$	9,693