Annual report pursuant to Section 13 and 15(d)

Commitments and contingencies

 v2.3.0.11
Commitments and contingencies
 12 Months Ended
Jun. 30, 2011
Commitments and contingencies

I. Commitments and contingencies:

The Company leases office and warehouse space, vehicles and various office equipment under operating leases. At June 30, 2011, aggregate net minimum rental commitments under non-cancelable leases having an initial or remaining term of more than one year are payable as follows (in thousands):

 

Year Ending June 30:

       

2012

    $ 774   

2013

      764   

2014

      380   

2015

      210   

2016

      171   

Thereafter

      549   
  

 

 

  
   $ 2,848   
  

 

 

  

Total rent expense was approximately $416,000, $326,000 and $393,000 for the years ended June 30, 2011, 2010 and 2009, respectively.

The Company is routinely subject to claims and involved in legal actions which are incidental to the business of the Company. Although it is difficult to predict the ultimate outcome of these matters, management believes that any ultimate liability will not materially affect the consolidated financial position or results of operations of the Company.