v2.3.0.11

Leases

12 Months Ended

Mar. 31, 2011

Leases

Leases

9. Leases

The Company's future minimum lease payments under capital and operating leases that have noncancelable terms in excess of one year at March 31, 2011 are as follows:

		Capital Leases				Operating Leases
2012		$	860			$	17,007
2013			680				12,081
2014			573				8,854
2015			184				6,319
2016			29				4,554
Thereafter			7				3,710
Total minimum lease payments			2,333			$	52,525
Amounts representing interest			85
Net minimum lease payments, including current portion of $819		$	2,248

Rental expense was $28,047, $26,957, and $29,247 for the fiscal years ended March 31, 2011, 2010 and 2009, respectively. Amortization of capitalized leased assets is included in depreciation expense. Certain operating lease agreements contain renewal or purchase options and/or escalation clauses.

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- Definition

Disclosure of 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. This element can be used to disclose the entity's entire lease disclosure as a single block of text.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 13
-Paragraph 16

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