LEASES (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Lease Expenses, Supplemental Cash Flow and Balance Sheet Information and Lease Term and Discount Rate

The lease expenses were as follows (in thousands):



		Three Months Ended September 30,		Nine Months Ended September 30,
Lease cost	Classification	2019
Short-term lease expense	SG&A expenses^(*)	309		870
Other operating lease cost	SG&A expenses^(*)	6,081		17,957
Total operating lease cost		$	6,390	$	18,827
^(*) Manufacturing equipment and some vehicle rental expenses are included in the cost of sales.

Supplemental cash flow information related to leases was as follows (in thousands):



		Nine Months Ended September 30,
Lease		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		13,941
Right-of-use assets obtained in exchange for lease liabilities
Operating leases		8,889



Lease term and discount rate		Nine Months Ended September 30, 2019
Weighted average remaining lease term (years)
Operating lease		4.8
Weighted average discount rate
Operating lease		7.3%

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows (in thousand):



Lease	Classification	September 30, 2019		Impact of ASC 842 Transition
Assets
Operating	Operating lease right-of-use assets	67,296		72,679

Liabilities
Current operating	Short-term operating lease liabilities	17,711		18,762
Non-current operating	Long-term operating lease liabilities	49,602		53,654
Total operating lease liabilities		$	67,313	$	72,416

Note: As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments for lease commenced on or after January 1, 2019. We used our incremental borrowing rate as of the transition date of January 1, 2019 for operating leases that commenced prior to transition.

Schedule of Maturity of Lease Liabilities

Maturities of lease liabilities were as follows (in thousands):



Year Ending December 31,	Operating leases ^(*)
2019 (excluding 9 months ended 9/30/2019)	5,880
2020	20,841
2021	17,530
2022	13,315
2023	8,170
Thereafter	14,218
Total lease payments	$	79,954
Less: imputed interest	12,641
Present value of lease liabilities	$	67,313

^(*) Operating lease payments exclude $1.2 million of legally binding minimum lease payments for leases signed but not yet commenced.

Schedule of Contractual Obligations Related to Operating Leases Under ASC 840

Contractual obligations related to operating leases as of December 31, 2018, under ASC 840 (in thousands):



	Payments due by period (in thousands)
	Less than 1 year		1-3 years		3-5 years		More than 5 years		Total
Operating lease obligations	$	22,096	$	33,825	$	18,379	$	11,022	$	85,322