XML 36 R34.htm IDEA: XBRL DOCUMENT

Leases (Tables)

9 Months Ended

Sep. 30, 2019

The components of lease expense were as follows:

(table only in thousands)	For the three months ended September 30, 2019		For the nine months ended September 30, 2019
Operating lease cost (a)	$	889	$	2,728
Finance lease cost:
Amortization of right-of-use assets		78		232
Interest on lease liability		89		272
Total finance lease cost		167		504
Total lease cost	$	1,056	$	3,232
(a) includes variable lease costs which are immaterial

Summary of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

(table only in thousands)	For the nine months ended September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	2,604
Operating cash flows from finance leases	$	272
Financing cash flows from finance leases	$	368
Right of use assets obtained in exchange for lease obligations
Operating leases	$	3,045

Summary of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

(table only in thousands)	September 30, 2019
Operating leases
Right-of-use assets from operating leases	$	13,810

Accounts payable and accrued expenses	$	2,606
Operating lease liabilities		11,328
Total operating lease liabilities	$	13,934

Finance leases
Property, plant and equipment, net	$	3,333

Accounts payable and accrued expenses	$	506
Other liabilities		7,473
Total finance lease liabilities	$	7,979

Schedule of Lease Terms and Discount Rate

Weighted-average remaining lease term
Operating leases				9 years
Finance leases				12 years
Weighted-average discount rate
Operating leases				5.3%
Finance leases				4.5%

Schedule of Maturities of Lease Liabilities

As of September 30, 2019, maturities of lease liabilities were as follows:

(table only in thousands)	Operating Leases			Finance Leases
2019	$	730		$	207
2020		3,041			855
2021		2,633			872
2022		1,984			889
2023		1,857			907
Thereafter		6,506			6,409
Total minimum lease payments	$	16,751		$	10,139
Less imputed interest		(2,817	)		(2,160	)
Lease liability	$	13,934		$	7,979

Schedule of Future Minimum Lease Payments for Operating Leases

As previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2018 and under previous lease accounting standards, future minimum lease payments for operating leases having initial or remaining noncancelable lease terms in excess of one year would have been as follows:

(table only in thousands)	December 31, 2018
2019	$	2,745
2020		1,880
2021		1,454
2022		931
2023		851
Thereafter		2,278
Total	$	10,139