v3.20.2

Leases (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Leases [Abstract] |
Components of Lease Expense and Cash Flow Information | The following table summarizes the components of lease expense:
(in thousands) |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Operating lease cost |  | $ | 1,394 |  |  | $ | 1,386 |  |  | $ | 4,141 |  |  | $ | 4,193 |
Finance lease cost |  |  |  |  |  |  |  |
Amortization of right-of-use (“ROU”) asset |  | 52 |  |  | 50 |  |  | 156 |  |  | 119 |
Interest expense |  | 12 |  |  | 14 |  |  | 37 |  |  | 35 |
Short-term lease cost |  | 105 |  |  | 177 |  |  | 322 |  |  | 453 |
Variable lease cost |  | 363 |  |  | 390 |  |  | 1,160 |  |  | 1,156 |
Total lease cost |  | $ | 1,926 |  |  | $ | 2,017 |  |  | $ | 5,816 |  |  | $ | 5,956 |
The following table presents supplemental cash flow information related to leases:
(in thousands) |  | For the Nine Months Ended September 30,
|  | 2020 |  | 2019
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |
Operating cash flows paid for operating leases |  | $ | 4,105 |  |  | $ | 3,816 |
Operating cash flows paid for interest portion of finance leases |  | 37 |  |  | 36 |
Financing cash flows paid for principal portion of finance leases |  | 145 |  |  | 106 |
Right-of-use assets obtained in exchange for lease obligations |  |  |  |
Operating leases |  | 299 |  |  | 280 |
Finance leases |  | 11 |  |  | 517 |
Supplemental Balance Sheet Information | The following table presents supplemental balance sheet information related to leases:
(in thousands) |  | September 30, 2020 |  | December 31, 2019
Operating lease ROU assets, net 1 |  | $ | 18,083 |  |  | $ | 20,677
Operating lease liabilities, current 2 |  | 3,802 |  |  | 3,789 |
Operating lease liabilities, non-current 3 |  | 15,114 |  |  | 17,679 |
Total operating lease liabilities |  | $ | 18,916 |  |  | $ | 21,468
Finance lease ROU assets, net 1 |  | $ | 617 |  | $ | 777
Finance lease liabilities, current 2 |  | 197 |  |  | 195
Finance lease liabilities, non-current 3 |  | 464 |  |  | 617
Total finance lease liabilities |  | $ | 661 |  |  | $ | 812 |
1.Included in Other noncurrent assets for operating leases and Property, plant and equipment, net for finance leases on the Consolidated Balance Sheets. 2.Included in Other accrued liabilities for operating leases and Current maturities of long-term debt for finance leases on the Consolidated Balance Sheets. 3.Included in Other noncurrent liabilities for operating leases and Long-term debt, net of current maturities for finance leases on the Consolidated Balance Sheets.
Maturity Analysis of Operating Lease Liabilities | The following table presents maturity analysis of lease liabilities as of September 30, 2020:
(in thousands) |  | Operating Leases |  | Finance Leases
Three months ending December 31, 2020 |  | $ | 1,300 |  |  | $ | 61 |
Year ending December 31, 2021 |  | 4,948 |  |  | 245 |
Year ending December 31, 2022 |  | 4,788 |  |  | 177 |
Year ending December 31, 2023 |  | 3,283 |  |  | 103 |
Year ending December 31, 2024 |  | 1,813 |  |  | 84 |
Thereafter |  | 7,399 |  |  | 83 |
Total undiscounted lease payments |  | 23,531 |  |  | 753 |
Less: imputed interest |  | 4,615 |  |  | 92 |
Total lease liabilities |  | $ | 18,916 |  |  | $ | 661 |
Maturity Analysis of Financing Lease Liabilities | The following table presents maturity analysis of lease liabilities as of September 30, 2020:
(in thousands) |  | Operating Leases |  | Finance Leases
Three months ending December 31, 2020 |  | $ | 1,300 |  |  | $ | 61 |
Year ending December 31, 2021 |  | 4,948 |  |  | 245 |
Year ending December 31, 2022 |  | 4,788 |  |  | 177 |
Year ending December 31, 2023 |  | 3,283 |  |  | 103 |
Year ending December 31, 2024 |  | 1,813 |  |  | 84 |
Thereafter |  | 7,399 |  |  | 83 |
Total undiscounted lease payments |  | 23,531 |  |  | 753 |
Less: imputed interest |  | 4,615 |  |  | 92 |
Total lease liabilities |  | $ | 18,916 |  |  | $ | 661 |

X
- Definition Assets And Liabilities, Lessee [Table Text Block] + References No definition available. + Details
Name: | psix_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | psix_
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