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Leases | 6 Months Ended
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Jun. 30, 2020
Leases [Abstract] |
Leases | Leases The components of lease expense were as follows:
|  | Three Months Ended |  |  |  | Six Months Ended |  |
(In thousands) |  | June 30 2020 |  | June 30 2019 |  | June 30 2020 |  | June 30 2019
Finance leases: |  |  |  |  |  |  |  |
Amortization expense |  | $ | 367 |  |  | $ | 312 |  |  | $ | 738 |  |  | $ | 586 |
Interest on lease liabilities |  | 44 |  |  | 37 |  |  | 96 |  |  | 41 |
Operating leases |  | 8,904 |  |  | 3,435 |  |  | 13,188 |  |  | 7,127 |
Variable and short-term lease expense |  | 10,485 |  |  | 4,818 |  |  | 17,596 |  |  | 9,609 |
Sublease income |  | (48) |  |  | — |  |  | (98) |  |  | — |
Total lease expense from continuing operations |  | $ | 19,752 |  |  | $ | 8,602 |  |  | $ | 31,520 |  |  | $ | 17,363 |
Supplemental cash flow information related to leases was as follows:
|  | Six Months Ended |  |
(In thousands) |  | June 30 2020 |  | June 30 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Cash flows from operating activities - Operating leases |  | $ | 12,384 |  |  | $ | 6,743 |
Cash flows from financing activities - Finance leases |  | 663 |  |  | 637 |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |
Operating leases (a) |  | $ | 67,534 |  |  | $ | 50,696 |
Finance leases |  | 1,234 |  |  | 1,692 |
(a) Cash flows for the six months ended June 30, 2020 include ROU assets of approximately $56.0 million that were recorded upon the acquisition of ESOL. Cash flows for six months ended June 30, 2019 include ROU assets of approximately $34 million that were recorded upon adoption at January 1, 2019 and $14.4 million that were recorded upon the acquisition of Clean Earth. See Note 3, Acquisitions and Dispositions, for additional information.. Supplemental balance sheet information related to leases was as follows:
(In thousands) |  | June 30 2020 |  | December 31 2019
Operating Leases: |  |  |  |
Operating lease right-of-use assets |  | $ | 101,743 |  |  | $ | 52,065 |
Current portion of operating lease liabilities |  | 27,850 |  |  | $ | 12,544 |
Operating lease liabilities |  | 71,553 |  |  | 36,974 |
Finance Leases: |  |  |  |
Property, plant and equipment, net |  | $ | 3,891 |  |  | $ | 3,519 |
Current maturities of long-term debt |  | 1,289 |  |  | $ | 1,237 |
Long-term debt |  | 2,735 |  |  | 2,218 |
Supplemental additional information related to leases is as follows:
|  | June 30 2020 |  | December 31 2019
Other information: |  |  |  |
Weighted average remaining lease term - Operating leases (in years) |  | 8.33 |  | 11.57
Weighted average remaining lease term - Finance leases (in years) |  | 3.77 |  | 4.01
Weighted average discount rate - Operating leases |  | 6.1 | % |  | 6.3 | %
Weighted average discount rate - Finance leases |  | 4.2 | % |  | 4.2 | %
Maturities of lease liabilities were as follows:
(In thousand) |  | Operating Leases |  | Finance Leases
Year Ending December 31st: |  |  |  |
2020 (excluding the six months ended June 30, 2020) |  | $ | 16,446 |  |  | $ | 691 |
2021 |  | 27,125 |  |  | 1,208 |
2022 |  | 20,395 |  |  | 949 |
2023 |  | 15,786 |  |  | 749 |
2024 |  | 10,735 |  |  | 587 |
After 2024 |  | 41,421 |  |  | 43 |
Total lease payments |  | 131,908 |  |  | 4,227 |
Less: Imputed interest |  | (32,505) |  |  | (203) |
Total |  | $ | 99,403 |  |  | $ | 4,024 |
The Company's leases, excluding short-term leases, have remaining terms of less than one year to 30.3 years, some of which include options to extend for up to 10 years, and some of which include options to terminate within one year. As of June 30, 2020 the Company had no material operating leases that had not yet commenced. There are no material residual value guarantees or material restrictive covenants.
Leases | Leases The components of lease expense were as follows:
|  | Three Months Ended |  |  |  | Six Months Ended |  |
(In thousands) |  | June 30 2020 |  | June 30 2019 |  | June 30 2020 |  | June 30 2019
Finance leases: |  |  |  |  |  |  |  |
Amortization expense |  | $ | 367 |  |  | $ | 312 |  |  | $ | 738 |  |  | $ | 586 |
Interest on lease liabilities |  | 44 |  |  | 37 |  |  | 96 |  |  | 41 |
Operating leases |  | 8,904 |  |  | 3,435 |  |  | 13,188 |  |  | 7,127 |
Variable and short-term lease expense |  | 10,485 |  |  | 4,818 |  |  | 17,596 |  |  | 9,609 |
Sublease income |  | (48) |  |  | — |  |  | (98) |  |  | — |
Total lease expense from continuing operations |  | $ | 19,752 |  |  | $ | 8,602 |  |  | $ | 31,520 |  |  | $ | 17,363 |
Supplemental cash flow information related to leases was as follows:
|  | Six Months Ended |  |
(In thousands) |  | June 30 2020 |  | June 30 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Cash flows from operating activities - Operating leases |  | $ | 12,384 |  |  | $ | 6,743 |
Cash flows from financing activities - Finance leases |  | 663 |  |  | 637 |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |
Operating leases (a) |  | $ | 67,534 |  |  | $ | 50,696 |
Finance leases |  | 1,234 |  |  | 1,692 |
(a) Cash flows for the six months ended June 30, 2020 include ROU assets of approximately $56.0 million that were recorded upon the acquisition of ESOL. Cash flows for six months ended June 30, 2019 include ROU assets of approximately $34 million that were recorded upon adoption at January 1, 2019 and $14.4 million that were recorded upon the acquisition of Clean Earth. See Note 3, Acquisitions and Dispositions, for additional information.. Supplemental balance sheet information related to leases was as follows:
(In thousands) |  | June 30 2020 |  | December 31 2019
Operating Leases: |  |  |  |
Operating lease right-of-use assets |  | $ | 101,743 |  |  | $ | 52,065 |
Current portion of operating lease liabilities |  | 27,850 |  |  | $ | 12,544 |
Operating lease liabilities |  | 71,553 |  |  | 36,974 |
Finance Leases: |  |  |  |
Property, plant and equipment, net |  | $ | 3,891 |  |  | $ | 3,519 |
Current maturities of long-term debt |  | 1,289 |  |  | $ | 1,237 |
Long-term debt |  | 2,735 |  |  | 2,218 |
Supplemental additional information related to leases is as follows:
|  | June 30 2020 |  | December 31 2019
Other information: |  |  |  |
Weighted average remaining lease term - Operating leases (in years) |  | 8.33 |  | 11.57
Weighted average remaining lease term - Finance leases (in years) |  | 3.77 |  | 4.01
Weighted average discount rate - Operating leases |  | 6.1 | % |  | 6.3 | %
Weighted average discount rate - Finance leases |  | 4.2 | % |  | 4.2 | %
Maturities of lease liabilities were as follows:
(In thousand) |  | Operating Leases |  | Finance Leases
Year Ending December 31st: |  |  |  |
2020 (excluding the six months ended June 30, 2020) |  | $ | 16,446 |  |  | $ | 691 |
2021 |  | 27,125 |  |  | 1,208 |
2022 |  | 20,395 |  |  | 949 |
2023 |  | 15,786 |  |  | 749 |
2024 |  | 10,735 |  |  | 587 |
After 2024 |  | 41,421 |  |  | 43 |
Total lease payments |  | 131,908 |  |  | 4,227 |
Less: Imputed interest |  | (32,505) |  |  | (203) |
Total |  | $ | 99,403 |  |  | $ | 4,024 |
The Company's leases, excluding short-term leases, have remaining terms of less than one year to 30.3 years, some of which include options to extend for up to 10 years, and some of which include options to terminate within one year. As of June 30, 2020 the Company had no material operating leases that had not yet commenced. There are no material residual value guarantees or material restrictive covenants.

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance 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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- 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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