XML 38 R23.htm IDEA: XBRL DOCUMENT
v3.20.4

Leases, Codification Topic 842 | 12 Months Ended
--- | ---
Dec. 31, 2020
Leases [Abstract] |
Leases of Lessee Disclosure | Leases We have operating leases for our corporate and division offices, production facilities, model homes, and certain office and production equipment. Additionally, we have entered into finance leases for one of our production facilities and certain plant equipment. Our leases have remaining lease terms of up to 19.7 years, some of which include options to extend the leases for up to 10 years, and some of which include options to terminate the lease. See Note 1 herein for additional information regarding leases. The components of lease expense were as follows:
|  | Year Ended December 31, 2020 |  | Year Ended December 31, 2019
Lease expense |  |  |  |
Operating lease expense |  | $ | 31,704 |  |  | $ | 30,991 |
Finance lease expense: |  |  |  |
Amortization of ROU assets |  | 1,313 |  |  | 382 |
Interest on lease liabilities |  | 281 |  |  | 76 |
Short-term lease expense |  | 24,361 |  |  | 26,843 |
Total lease expense |  | $ | 57,659 |  |  | $ | 58,292 |
For the year ended December 31, 2018, total rent expense incurred under operating leases was approximately $52,900. Other information related to leases was as follows:
|  | Year Ended December 31, 2020 |  | Year Ended December 31, 2019
Supplemental Cash Flows Information: |  |  |  |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from operating leases |  | $ | 27,953 |  |  | $ | 25,272 |
Operating cash flows from finance leases |  | $ | 281 |  |  | $ | 76 |
Financing cash flows from finance leases |  | $ | 989 |  |  | $ | 306 |
ROU assets obtained in exchange for lease obligations: |  |  |  |
Operating leases |  | $ | 10,159 |  |  | $ | 17,078 |
Finance leases |  | $ | 10,034 |  |  | $ | 7,434 |
Weighted-average remaining lease term (in years): |  |  |  |
Operating leases |  | 4.7 |  | 5.1
Finance leases |  | 12.5 |  | 6.7
Weighted-average discount rate: |  |  |  |
Operating leases |  | 3.4 | % |  | 3.6 | %
Finance leases |  | 2.8 | % |  | 2.8 | %
We are committed under multiple non-cancelable operating leases involving office space, model homes, production facilities, automobiles and equipment. Future lease payments under these operating leases as of December 31, 2020 are as follows:
Year Ending December 31, |  | Operating Leases |  | Finance Leases
2021 |  | $ | 30,111 |  |  | $ | 1,744 |
2022 |  | 19,500 |  |  | 1,749 |
2023 |  | 14,918 |  |  | 1,754 |
2024 |  | 8,825 |  |  | 1,759 |
2025 |  | 4,970 |  |  | 1,764 |
Thereafter |  | 6,641 |  |  | 10,742 |
Total lease payments |  | 84,965 |  |  | 19,512 |
Less: |  |  |  |
Imputed interest |  | 5,544 |  |  | 3,339 |
Short-term lease payments |  | 6,765 |  |  | — |
Total lease liability |  | $ | 72,656 |  |  | $ | 16,173 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
Name: | us-gaap_LeasesOfLesseeDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration