Leases (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of Supplemental Balance Sheet Information Related Leases assets and liabilities

The following table presents supplemental balance sheet information related to lease assets and liabilities:

(in thousands)	Classification	June 30, 2020		December 31, 2019
Assets
Operating lease assets	Other long-term assets	$	13,425	$	15,772
Finance lease assets¹	Property, plant and equipment, net		4,448		2,360
Total lease assets		$	17,873	$	18,132

Liabilities
Current
Operating lease liabilities	Accounts payable and accrued liabilities	$	4,783	$	4,998
Finance lease liabilities	Accounts payable and accrued liabilities		1,218		644
Noncurrent
Operating lease liabilities	Other long-term obligations		8,647		10,775
Finance lease liabilities	Other long-term obligations		3,201		1,703
Total lease liabilities		$	17,849	$	18,120

¹ Finance lease assets are presented net of accumulated amortization of $0.7 million and $0.3 million as of June 30, 2020 and December 31, 2019, respectively.

Schedule of Components of Lease Expense

The following table presents the components of lease expense:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2020		2019		2020		2019
Operating lease costs¹	$	1,414	$	1,511	$	2,839	$	2,922
Finance lease costs
Amortization of leased assets	260		25		473		46
Interest on lease liabilities	32		5		59		10
Net lease costs	$	1,706	$	1,541	$	3,371	$	2,978

¹ Excludes short-term leases and variable lease costs, which are immaterial

Schedule of Supplemental Cash Flow Information Related Leases

The following tables presents supplemental cash flow information related to leases:

	Six Months Ended June 30,
(in thousands)	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	2,884	$	2,960
Operating cash flows for finance leases	$	59	$	10
Financing cash flows for finance leases	$	486	$	50
Leased assets exchanged for new lease liabilities:
Operating leases	$	248	$	5,789
Finance leases	$	2,558	$	675