LEASE COMMITMENTS

3 Months Ended

Mar. 31, 2015

The Company leases certain buildings and equipment under operating leases. Certain lease agreements provide for renewal options, fair value purchase options, and payment of property taxes, maintenance and insurance by the Company.

At March 31, 2015, future minimum rental commitments under noncancellable operating leases with initial terms of at least one year were as follows (amounts in thousands):



April 1 - December 31, 2015	$	5,079
2016	5,863
2017	2,846
2018	2,108
2019	1,513
Thereafter	926
Total future minimum lease payments	$	18,335

At March 31, 2015, the Company had assets held as capital leases with a net book value of $9.5 million included in property, plant and equipment. Total future capital lease obligations relating to these leases are as follows (amounts in thousands):



April 1 - December 31, 2015	$	1,094
2016	878
2017	436
2018	135
2019	101
Thereafter	4
Total future capital lease obligation payments	2,648
Less amount representing interest	(49		)
Present value of future capital lease obligation payments	$	2,599