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Leases | 6 Months Ended
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Jun. 30, 2019
Leases [Abstract] |
Leases | Note 12 – Leases The Company has operating leases for office, manufacturing and research and development facilities, as well as land leases for certain manufacturing facilities that are accounted for as operating leases. We also have operating leases for office equipment and automobiles. Excluding land leases, our leases have remaining lease terms ranging from 1 year to 7 years and may include options to extend the lease for an additional term equal to the original term of the lease. Land leases have remaining lease terms that range from 29 to 44 years and some which specify that the end of the lease term is at the discretion of the lessee. We do not have lease arrangements with related parties. Information about Gentherm’s total lease costs for the six-month period ended June 30, 2019 is as follows:
Six Months Ended June 30, 2019 |  |  |
Lease cost |  |  |
Operating lease cost | $ | 2,903 |
Short-term lease cost |  | 1,885 |
Sublease income |  | (52 | )
Total lease cost | $ | 4,736 |
Supplemental Cash Flow Information |  |  |
Gain on sale and leaseback transactions, net | $ | 207 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases | $ | 2,966 |
Right-of-use lease assets obtained in exchange for lease obligations: |  |  |
Operating leases | $ | 3,004 |
Weighted Average Remaining Lease Term |  |  |
Operating leases |  | 4.7 years |
Weighted Average Discount Rate |  |  |
Operating leases |  | 5.4 | %
A summary of operating leases as of June 30, 2019, under all non-cancellable operating leases with terms exceeding one year is as follows:
2019 (excluding the six-month period ended June 30, 2019) |  | $ | 2,755 |
2020 |  |  | 4,489 |
2021 |  |  | 2,555 |
2022 |  |  | 1,490 |
2023 |  |  | 790 |
2024 or later |  |  | 2,609 |
Total future minimum lease payments |  |  | 14,688 |
Less imputed interest |  |  | (1,916 | )
Total |  |  | 12,772 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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