XML 46 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
LEASE COMMITMENTS
12 Months Ended
Dec. 31, 2017
Leases [Abstract]  
LEASE COMMITMENTS LEASE COMMITMENTS

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.  Total rental expense was $7.6 million, $6.0 million, and $7.3 million for the years ended December 31, 2017, 2016, and 2015, respectively.

At December 31, 2017, future minimum rental commitments under noncancellable operating leases with initial terms in excess of one year were as follows for the years (or other periods) presented below (amounts in thousands):
2018
$
6,860

2019
4,780

2020
3,526

2021
1,900

2022
1,600

Thereafter
291

Total future minimum lease payments
$
18,957



At December 31, 2017, the Company had assets held as capital leases with a net book value of $6.9 million included in property, plant, and equipment. Total future capital lease obligations relating to these leases were as follows at December 31, 2017 for the years (or other periods) presented below (amounts in thousands):
2018
$
590

2019
197

2020
31

2021
2

Total future capital lease obligation payments
820

Less amount representing interest
(7
)
Present value of future capital lease obligation payments
$
813