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Leases

3 Months Ended

Sep. 28, 2013

15. Leases

Adept leases facilities in the United States, Germany, France, Singapore and China. Adept records lease expense on a straight-line basis over the related lease term. Rent expense for the three months ended of both September 28, 2013 and September 29, 2012 was $482,000. A summary of contractual obligations as of September 28, 2013 was as follows (in thousands):


	Total		Year 1		Year 2		Year 3		Year 4		5 or more years
Operating Lease Obligations	$	3,628	$	1,720	$	1,044	$	776	$	76	$	12

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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