XML 28 R18.htm IDEA: XBRL DOCUMENT v3.22.1
Lease Obligations
 3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Lease Obligations
11.LEASE OBLIGATIONS
    The Company has operating and finance leases primarily for construction and transportation equipment, as well as office space. The Company’s leases have remaining lease terms of one month to fourteen years, some of which include options to extend the leases for up to ten years.
    The components of lease expense are as follows:
Three Months Ended March 31,
20222021
Operating lease cost$2,693 $1,512 
Short-term lease cost$3,168 $2,124 
Finance lease cost:
Amortization of right-of-use assets$41 $50 
Interest on lease liabilities4 6 
Total finance lease cost$45 $56 
    Supplemental cash flow information related to leases is as follows:
Three Months Ended March 31,
Cash paid for amounts included in the measurement of lease liabilities:20222021
Operating cash flows from operating leases$2,991 $1,518 
Operating cash flows from finance leases$4 $6 
Financing cash flows from finance leases$41 $50 
Right-of-use assets obtained in exchange for lease obligations (non-cash):
Operating leases$15,897 $896 
Finance leases$— $— 
    Supplemental balance sheet information related to leases is as follows:
Operating LeasesMarch 31,
2022		December 31,
2021
Operating lease right-of-use assets$37,344 $24,520 
Current portion of long-term lease obligations$10,117 $8,841 
Long-term lease obligations27,326 15,831 
Total operating lease liabilities$37,443 $24,672 
Finance Leases
Property and equipment, at cost$1,479 $1,479 
Accumulated depreciation(953)(907)
Property and equipment, net$526 $572 
Current maturities of long-term debt$143 $148 
Long-term debt188 224 
Total finance lease liabilities$331 $372 
Weighted Average Remaining Lease Term
Operating leases5.65.4
Finance leases2.32.5
Weighted Average Discount Rate
Operating leases4.9 %5.0 %
Finance leases4.3 %4.3 %
    Maturities of lease liabilities are as follows:
Year Ending December 31,Operating
Leases		Finance
Leases
2022 (excluding the three months ended March 31, 2022)$8,786 $116 
20239,507 154 
20247,453 77 
20255,713 — 
20263,926 — 
20273,579 — 
Thereafter3,978 — 
Total lease payments$42,942 $347 
Less imputed interest(5,499)(16)
Total$37,443 $331 
Lease Obligations
11.LEASE OBLIGATIONS
    The Company has operating and finance leases primarily for construction and transportation equipment, as well as office space. The Company’s leases have remaining lease terms of one month to fourteen years, some of which include options to extend the leases for up to ten years.
    The components of lease expense are as follows:
Three Months Ended March 31,
20222021
Operating lease cost$2,693 $1,512 
Short-term lease cost$3,168 $2,124 
Finance lease cost:
Amortization of right-of-use assets$41 $50 
Interest on lease liabilities4 6 
Total finance lease cost$45 $56 
    Supplemental cash flow information related to leases is as follows:
Three Months Ended March 31,
Cash paid for amounts included in the measurement of lease liabilities:20222021
Operating cash flows from operating leases$2,991 $1,518 
Operating cash flows from finance leases$4 $6 
Financing cash flows from finance leases$41 $50 
Right-of-use assets obtained in exchange for lease obligations (non-cash):
Operating leases$15,897 $896 
Finance leases$— $— 
    Supplemental balance sheet information related to leases is as follows:
Operating LeasesMarch 31,
2022		December 31,
2021
Operating lease right-of-use assets$37,344 $24,520 
Current portion of long-term lease obligations$10,117 $8,841 
Long-term lease obligations27,326 15,831 
Total operating lease liabilities$37,443 $24,672 
Finance Leases
Property and equipment, at cost$1,479 $1,479 
Accumulated depreciation(953)(907)
Property and equipment, net$526 $572 
Current maturities of long-term debt$143 $148 
Long-term debt188 224 
Total finance lease liabilities$331 $372 
Weighted Average Remaining Lease Term
Operating leases5.65.4
Finance leases2.32.5
Weighted Average Discount Rate
Operating leases4.9 %5.0 %
Finance leases4.3 %4.3 %
    Maturities of lease liabilities are as follows:
Year Ending December 31,Operating
Leases		Finance
Leases
2022 (excluding the three months ended March 31, 2022)$8,786 $116 
20239,507 154 
20247,453 77 
20255,713 — 
20263,926 — 
20273,579 — 
Thereafter3,978 — 
Total lease payments$42,942 $347 
Less imputed interest(5,499)(16)
Total$37,443 $331