XML 74 R16.htm IDEA: XBRL DOCUMENT v3.20.1
Leases
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Lessee, Operating Leases Leases
    
Lease Costs

The components of lease expense were as follows:
 
Three Months Ended
March 31
 
2020
 
2019
 
(thousands)
Operating lease cost
$
3,346

 
$
3,341

Finance lease cost
 
 
 
Amortization of right-of-use assets
447

 
375

Interest on lease liabilities
485

 
461

Variable lease cost
707

 
619

Short-term lease cost
1,133

 
994

Sublease income
(39
)
 
(132
)
Total lease cost
$
6,079

 
$
5,658



Other Information

Supplemental cash flow information related to leases was as follows:
 
Three Months Ended
March 31
 
2020
 
2019
 
(thousands)
Cash paid for amounts included in the measurement of lease liabilities
 
 
 
Operating cash flows from operating leases
$
3,329

 
$
3,301

Operating cash flows from finance leases
485

 
461

Financing cash flows from finance leases
264

 
181

Right-of-use assets obtained in exchange for lease obligations
 
 
 
Operating leases
2,608

 
585

Finance leases
974

 


Other information related to leases was as follows:
 
March 31, 2020
 
December 31, 2019
 
 
 
 
Weighted-average remaining lease term (years)
 
 
 
Operating leases
8

 
8

Finance leases
14

 
14

Weighted-average discount rate
 
 
 
Operating leases
6.4
%
 
6.5
%
Finance leases
8.5
%
 
8.5
%


As of March 31, 2020, our minimum lease payment requirements for noncancelable operating and finance leases are as follows:
 
 
Operating Leases
 
Finance Leases
 
 
(thousands)
Remainder of 2020
 
$
9,990

 
$
2,436

2021
 
12,759

 
3,284

2022
 
11,407

 
3,278

2023
 
11,093

 
3,306

2024
 
10,502

 
3,289

Thereafter
 
33,185

 
28,926

Total future minimum lease payments
 
88,936

 
44,519

Less: interest
 
(21,224
)
 
(19,306
)
Total lease obligations
 
67,712

 
25,213

Less: current obligations
 
(9,345
)
 
(1,294
)
Long-term lease obligations
 
$
58,367

 
$
23,919



As of March 31, 2020, the minimum lease payment amount for operating leases signed but not yet commenced was $3.9 million.
Leases, Finance Leases Leases
    
Lease Costs

The components of lease expense were as follows:
 
Three Months Ended
March 31
 
2020
 
2019
 
(thousands)
Operating lease cost
$
3,346

 
$
3,341

Finance lease cost
 
 
 
Amortization of right-of-use assets
447

 
375

Interest on lease liabilities
485

 
461

Variable lease cost
707

 
619

Short-term lease cost
1,133

 
994

Sublease income
(39
)
 
(132
)
Total lease cost
$
6,079

 
$
5,658



Other Information

Supplemental cash flow information related to leases was as follows:
 
Three Months Ended
March 31
 
2020
 
2019
 
(thousands)
Cash paid for amounts included in the measurement of lease liabilities
 
 
 
Operating cash flows from operating leases
$
3,329

 
$
3,301

Operating cash flows from finance leases
485

 
461

Financing cash flows from finance leases
264

 
181

Right-of-use assets obtained in exchange for lease obligations
 
 
 
Operating leases
2,608

 
585

Finance leases
974

 


Other information related to leases was as follows:
 
March 31, 2020
 
December 31, 2019
 
 
 
 
Weighted-average remaining lease term (years)
 
 
 
Operating leases
8

 
8

Finance leases
14

 
14

Weighted-average discount rate
 
 
 
Operating leases
6.4
%
 
6.5
%
Finance leases
8.5
%
 
8.5
%


As of March 31, 2020, our minimum lease payment requirements for noncancelable operating and finance leases are as follows:
 
 
Operating Leases
 
Finance Leases
 
 
(thousands)
Remainder of 2020
 
$
9,990

 
$
2,436

2021
 
12,759

 
3,284

2022
 
11,407

 
3,278

2023
 
11,093

 
3,306

2024
 
10,502

 
3,289

Thereafter
 
33,185

 
28,926

Total future minimum lease payments
 
88,936

 
44,519

Less: interest
 
(21,224
)
 
(19,306
)
Total lease obligations
 
67,712

 
25,213

Less: current obligations
 
(9,345
)
 
(1,294
)
Long-term lease obligations
 
$
58,367

 
$
23,919



As of March 31, 2020, the minimum lease payment amount for operating leases signed but not yet commenced was $3.9 million.