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Commitments
12 Months Ended
Dec. 31, 2013
Commitments  
Commitments

9. Commitments

 

The Company has entered into leases covering principally office, research and warehouse space, office equipment and vehicles. Future minimum rental payments required under all operating leases that have remaining noncancelable lease terms in excess of one year are $6.9 million in 2014, $4.5 million in 2015, $3.0 million in 2016, $2.3 million in 2017, $1.3 million  in 2018 and $1.6 million thereafter. Total rental expense on all operating leases was $7.6 million, $7.9 million, and $9.1 million for the years ended December 31, 2013, 2012, and 2011, respectively.

 

The Company has in place long-term supply contracts for the purchase of raw materials, transportation, and information systems and services. The following table represents the total payments made for the purchases under the aforementioned supply contracts:

 

 

 

December 31

 

(Dollars in thousands)

 

2013

 

2012

 

2011

 

Raw and other materials

 

$

40,170

 

$

30,802

 

$

33,953

 

Transportation

 

9,794

 

9,731

 

8,782

 

Information systems and services

 

2,746

 

4,505

 

3,846

 

Total payments

 

$

52,710

 

$

45,038

 

$

46,581

 

 

Future minimum purchase requirements under the terms of the aforementioned contracts are as follows:

 

 

 

Due in

 

 

 

(Dollars in thousands)

 

2014

 

2015

 

2016

 

2017

 

2018

 

Thereafter

 

Raw and other materials

 

$

37,800

 

$

31,679

 

$

19,162

 

$

19,580

 

$

20,017

 

$

2,164

 

Transportation

 

1,575

 

1,575

 

436

 

 

 

 

Information systems and services

 

2,397

 

2,397

 

 

 

 

 

Total contractual cash obligations

 

$

41,772

 

$

35,651

 

$

19,598

 

$

19,580

 

$

20,017

 

$

2,164