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Long-term obligations (Tables)
12 Months Ended
Dec. 31, 2019
Long-term obligations  
Schedule of Total Long-Term Obligations

Total long-term obligations as of December 31, 2019 and 2018 consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

    

2019

    

2018

 

 

 

 

 

 

 

Pension obligations - accrued pension liability

 

$

4,611

 

$

2,591

Settlement agreement (1)

 

 

708

 

 

1,010

Capital lease obligations

 

 

127

    

 

574

Deferred lease payments

 

 

 —

 

 

489

Microsoft licenses (2)

 

 

 —

 

 

355

Lease incentive liability

 

 

 —

 

 

572

 

 

 

5,446

 

 

5,591

Less: Current portion of long-term obligations

 

 

912

 

 

1,529

Totals

 

$

4,534

 

$

4,062


(1)

Represents payment to be made pursuant to a settlement agreement entered into in December 2018 between a subsidiary of the Company and 19 former employees of such subsidiary. The balance is payable in monthly installments through March 2023.

(2)

In March 2017, the Company renewed a vendor agreement to acquire certain additional software licenses and to receive support and subsequent software upgrades on these and other currently owned software licenses through February 2020. Pursuant to this agreement, the Company was obligated to pay approximately $0.4 million annually over the term of the agreement.