Note 11 — Leases

Certain of the Company’s property, plant and equipment is leased under operating leases. Equipment and vehicle leases generally have lease terms ranging from one to fifteen years with renewal options and real estate leases range between five and twenty years with renewal options. In fiscal 2012 and 2011, rental expense under operating leases was $6.0 million and $5.4 million, respectively. In fiscal 2010 rental expense under operating leases was $6.0 million, net of sublease rental income of approximately $0.1 million. Future minimum lease payments for fiscal years beginning with fiscal year 2013 for noncancelable operating leases and capital leases having initial lease terms of more than one year are as follows (dollars in thousands):