contractual obligations by less than more than period as of june 30 , 2011 1 year 1-3 years 3-5 years 5 years total .
[['contractual obligations byperiod as of june 30 2011', 'less than1 year', '1-3 years', '3-5 years', 'more than5 years', 'total'], ['operating lease obligations', '$ 7185', '$ 10511', '$ 7004', '$ 1487', '$ 26187'], ['capital lease obligations', '3016', '-', '-', '-', '3016'], ['notes payable includingaccrued interest', '23087', '45431', '82508', '-', '151026'], ['purchase obligations', '10700', '-', '-', '-', '10700'], ['total', '$ 43988', '$ 55942', '$ 89512', '$ 1487', '$ 190929']]
recent accounting pronouncements in october 2009 , the fasb issued accounting standards update ( 201casu 201d ) no .2009-13 , multiple-deliverable revenue arrangements , which is effective for arrangements beginning or changed during fiscal years starting after june 15 , 2010 .this new standard eliminates the use of the residual method of revenue recognition and requires the allocation of consideration to each deliverable using the relative selling price method .this new guidance did not have a material impact on revenue recognition because nearly all of the company 2019s revenue arrangements are subject to accounting standards codification ( 201casc 201d ) topic 985 .such arrangements are considered out of scope for this asu .in october 2009 , the fasb also issued asu no .2009-14 , software : certain revenue arrangements that include software elements , which is also effective for arrangements beginning or changed during fiscal years starting after june 15 , 2010 .this revision to software ( topic 985 ) drops from its scope all tangible products containing both software and non-software components that operate together to deliver the product 2019s functions .the majority of the company 2019s software arrangements are not tangible products with software components ; therefore , this update did not materially impact the company .the fasb issued asu no .2011-04 , fair value measurement in may 2011 , which is effective for the company beginning july 1 , 2012 and is to be applied prospectively .the updated explanatory guidance on measuring fair value will be adopted by the company at that time and is not expected to have a significant impact on our fair value calculations .no additional fair value measurements are required as a result of the update .the fasb also issued asu no .2011-05 , comprehensive income in june 2011 , which is effective for the company beginning january 1 , 2012 and will be applied retrospectively .the updated guidance requires non-owner changes in stockholders 2019 equity to be reported either in a single continuous statement of comprehensive income or in two separate but consecutive statements , rather than as part of the statement of changes in stockholders 2019 equity .no changes in disclosure will be required as a result of the update .critical accounting policies we prepare our consolidated financial statements in accordance with accounting principles generally accepted in the united states ( 201cu.s .gaap 201d ) .the significant accounting policies are discussed in note 1 to the consolidated financial statements .the preparation of consolidated financial statements in accordance with u.s .gaap requires us to make estimates and judgments that affect the reported amounts of assets , liabilities , revenue and expenses , as well as disclosure of contingent assets and liabilities .we base our estimates and judgments upon historical experience and other factors believed to be reasonable under the circumstances .changes in estimates or assumptions could result in a material adjustment to the consolidated financial statements .we have identified several critical accounting estimates .an accounting estimate is considered critical if both : ( a ) the nature of the estimates or assumptions is material due to the levels of subjectivity and judgment involved , and ( b ) the impact of changes in the estimates and assumptions would have a material effect on the consolidated financial statements. .

Question: what percent of operating lease obligations are due in less than one year?
Answer: 27.4%