Leases

Capital and Operating Leases

We have entered into operating leases for office and warehouse space, vehicles and heavy equipment used in our operations. The remaining lease terms range from one to 21 years and generally provide for the payment of taxes, insurance and maintenance by the lessee. Renewal options exist for certain of these leases. We have also entered into capital leases for division offices and operating facilities. Property, plant and equipment included amounts for capital leases of $1.3 million at September 30, 2013 and 2012. Accumulated depreciation for these capital leases totaled $1.0 million and $0.9 million at September 30, 2013 and 2012. Depreciation expense for these assets is included in consolidated depreciation expense on the consolidated statement of income.

The related future minimum lease payments at September 30, 2013 were as follows:



	Capital Leases		Operating Leases
	(In thousands)
2014	$	186	$	16,722
2015	186		15,584
2016	186		14,692
2017	186		15,074
2018	78		15,057
Thereafter	—		89,673
Total minimum lease payments	822		$	166,802
Less amount representing interest	198
Present value of net minimum lease payments	$	624

Consolidated lease and rental expense amounted to $32.4 million, $33.6 million and $35.5 million for fiscal 2013, 2012 and 2011.