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Cash, cash equivalents and restricted cash
12 Months Ended
Dec. 31, 2018
Cash, cash equivalents and restricted cash  
Cash, cash equivalents and restricted cash

Note 5. Cash, cash equivalents and restricted cash

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

2018

 

 

2017

 

 

(in thousands)

 

Cash and cash equivalents

$

177,993

 

$

133,407

 

Short-term and long-term restricted cash

 

6,909

 

 

7,473

 

Total cash, cash equivalents and restricted cash

$

184,902

 

$

140,880

 

 

As of December 31, 2018, we had $6.9 million in restricted cash which relates to a $5.9 million letter of credit associated with the security deposit for the sale leaseback transaction, a $0.8 million letter of credit relating to workers’ compensation insurance, a $0.1 million letter of credit associated with a bank guarantee and a $0.1 million deposit relating to customs activity.