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Leases

3 Months Ended

Sep. 27, 2014

10. 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 each of the three months ended of September 27, 2014 and September 28, 2013 was $0.5 million. Future minimum lease payments under non-cancelable operating leases with original terms in excess of one year as of September 27, 2014 are as follows (in thousands):


Fiscal Year
2015	$	1,500
2016		1,400
2017		500
2018		200
2019		—
Thereafter		—

Total minimum lease payments	$	3,600

- 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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