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Leases | 9 Months Ended
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Sep. 29, 2019
Leases [Abstract] |
Leases | Leases The Company has operating leases for various types of properties, consisting of manufacturing plants, engineering and research centers, distribution warehouses, offices and other facilities, and equipment used in operations. Some leases provide the Company with an option, exercisable at the Company's sole discretion, to terminate the lease or extend the lease term for one or more years. When measuring assets and liabilities arising from a lease that provides the Company with an option to extend the lease term, the Company takes into account payments to be made in the optional extension period when it is reasonably certain that the Company will exercise the option. Total lease cost (all of which related to operating leases) was $6.8 million and $19.5 million for the three and nine months ended September 29, 2019, respectively. Maturities of lease liabilities
| September 29, 2019
| (Dollars in thousands)
2019 | $ | 6,254 |
2020 | 25,527 |
2021 | 23,183 |
2022 | 21,423 |
2023 | 17,511 |
2024 and thereafter | 54,172 |
Total lease payments | 148,070 |
Less: interest | (23,544) |
Present value of lease liabilities | $ | 124,526 |
Supplemental information as of and for the nine months ended September 29, 2019 (dollars in thousands)
Total lease liabilities (1) | $ | 124,526 |
Cash paid for amounts included in the measurement of lease liabilities within operating cash flows | $ | 19,520 |
Right of use assets obtained in exchange for operating lease obligations | $ | 34,632 |
Weighted average remaining lease term | 7.4 years
Weighted average discount rate | 4.4 | %
(1) The current portion of the operating lease liabilities of $20.4 million is included in Other current liabilities. As of December 31, 2018, minimum lease payments under noncancellable operating leases were expected to be as follows:
| December 31, 2018
| (Dollars in thousands)
2019 | $ | 25,294 |
2020 | 23,216 |
2021 | 21,419 |
2022 | 19,460 |
2023 | 17,403 |
2024 and thereafter | 41,368 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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