XML 64 R48.htm IDEA: XBRL DOCUMENT v3.20.4

Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Components of Lease Expense

The components of lease expense were as follows:

												Years Ended December 31,
(in thousands)																		2020						2019
Operating lease cost																		$	17,371					$	17,414
Finance lease cost:
Amortization of assets																		3,047						2,723
Interest on lease liabilities																		417						426
Short-term lease cost																		4,665						3,459
Variable lease cost																		4,579						3,206
Total lease cost																		30,079						$	27,228

Lessee Leases Table Text Block

Supplemental balance sheet information related to leases was as follows:

									December 31,
(in thousands)			Balance Sheet Classification						2020						2019
Operating leases:
Operating lease right-of-use assets			Operating lease right-of-use assets						$	61,329					$	60,505
Current liability			Operating lease liabilities						$	13,410					$	14,036
Noncurrent liability			Operating lease liabilities-noncurrent						48,324						46,792
									$	61,734					$	60,828
Finance leases:
Finance lease right-of-use assets			Deferred charges and other assets						$	10,774					$	12,840
Current liability			Other current liabilities						$	2,142					$	3,019
Noncurrent liability			Other noncurrent liabilities						10,077						11,119
									$	12,219					$	14,138

						December 31,
						2020						2019
Weighted average remaining lease term (in years):
Operating leases						13						14
Finance leases						10						9
Weighted average incremental borrowing rate:
Operating leases						3.33		%				3.88		%
Finance leases						3.05		%				3.41		%

Supplemental cash flow information related to leases was as follows:

						Years Ended December 31,
(in thousands)						2020						2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases						$	17,563					$	16,765
Operating cash flows from finance leases						417						426
Financing cash flows from finance leases						3,031						2,649
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases						$	17,694					$	18,826
Finance leases						982						10,555

Lessee, Operating Lease, Liability, Maturity

Maturities of lease liabilities as of December 31, 2020 were as follows:

(in thousands)						Operating Leases						Finance Leases
2021						$	15,093					$	2,463
2022						12,103						1,428
2023						9,854						1,211
2024						6,091						1,164
2025						4,437						1,143
Thereafter						33,426						6,628
Total lease payments						81,004						14,037
Less: imputed interest						19,270						1,818
Total lease obligations						$	61,734					$	12,219

Finance Lease, Liability, Fiscal Year Maturity

Maturities of lease liabilities as of December 31, 2020 were as follows:

(in thousands)						Operating Leases						Finance Leases
2021						$	15,093					$	2,463
2022						12,103						1,428
2023						9,854						1,211
2024						6,091						1,164
2025						4,437						1,143
Thereafter						33,426						6,628
Total lease payments						81,004						14,037
Less: imputed interest						19,270						1,818
Total lease obligations						$	61,734					$	12,219

X

- Definition

Lessee Leases

+ References

No definition available.

+ Details

Name:	neu_LesseeLeasesTableTextBlock
Namespace Prefix:	neu_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980

+ Details

Name:	us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

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

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration