NOTE 14. LEASES

The Company conducts its operations from leased office facilities, all of which are classified as operating leases and expire over the next 13 years. Future minimum lease payments due under non-cancelable leases as of June 30, 2017, are as follows (in thousands):

Year ending June 30:
2018	$	64,115
2019		59,774
2020		45,873
2021		38,845
2022		29,545
Thereafter		75,560
Total minimum lease payments	$	313,712

The minimum lease payments above are shown net of sublease rental income of $8.7 million scheduled to be received over the next 6 years under non-cancelable sublease agreements.

Rent expense incurred under operating leases for the years ended June 30, 2017, 2016, and 2015 totaled $76.2 million, $62.8 million, and $54.6 million, respectively.