COMMITMENTS AND CONTINGENCIES

12 Months Ended

Jun. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

The Company leases land, facilities, and equipment under various non-cancellable operating lease agreements expiring through June 25, 2024, and contain various renewal options. The Company also leases equipment under non-cancellable capital lease agreements expiring through January 31, 2017. The capital leases have interest rates ranging from 3.0% to 9.2%.

At June 30, 2014, future rental commitments under non-cancellable capital leases and operating leases were as follows (in thousands):



June 30,	Capital leases			Operating leases
2015	$	1,286		$	810
2016	1,286			648
2017	1,261			573
2018	1,234			157
2019	1,233			113
Thereafter	—			250
Total minimum lease payments	6,300			$	2,551
Amount representing interest	(453		)
Present value of total minimum lease payments	5,847
Current portion	(1,124		)
Capital lease obligation, net of current portion	$	4,723

Rent expense was $479 thousand and $418 thousand for the years ended June 30, 2014 and 2013, respectively.

From time to time, the Company is a party to various litigation matters incidental to the conduct of its business. The Company is not presently a party to any legal proceedings, the resolution of which, management believes, would have a material adverse effect on its business, operating results, financial condition or cash flows.

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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