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Leases | 6 Months Ended
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Jun. 30, 2020
Leases [Abstract] |
Leases |
5. | Leases
The Company has operating and finance leases for regional offices, manufacturing facilities, retail centers, distribution centers and certain equipment. The Company’s leases have remaining lease terms of 1 year to 24 years, some of which include options to extend the leases for up to 20 years, and some of which include options to terminate the leases within 1 year. As of June 30, 2020, the weighted average remaining lease term and weighted average discount rate for operating leases was 6.1 years and 4.7%. The components of lease expense were as follows (U.S. dollars in thousands):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Operating lease cost |  | $ | 12,869 |  |  | $ | 12,417 |  |  | $ | 26,005 |  |  | $ | 25,278 |
Variable lease cost |  |  | 410 |  |  |  | 1,105 |  |  |  | 1,384 |  |  |  | 2,157 |
Short-term lease cost |  |  | 95 |  |  |  | 52 |  |  |  | 140 |  |  |  | 104 |
Sublease income |  |  | (1,058 | ) |  |  | (1,575 | ) |  |  | (2,189 | ) |  |  | (3,168 | )
Total lease expense |  | $ | 12,316 |  |  | $ | 11,999 |  |  | $ | 25,340 |  |  | $ | 24,371 |
Supplemental cash flow information related to leases was as follows (U.S. dollars in thousands):
|  | Six Months Ended June 30, |
|  | 2020 |  |  | 2019 |
Operating cash outflow from operating leases |  | $ | 25,955 |  |  | $ | 26,570 |
Right-of-use assets obtained in exchange for lease obligations |  | $ | 31,178 |  |  | $ | 140,585 |
Maturities of lease liabilities were as follows (U.S. dollars in thousands):
Year Ending December 31, |  | Operating leases |
2020 |  | $ | 27,085 |
2021 |  |  | 46,780 |
2022 |  |  | 30,950 |
2023 |  |  | 21,409 |
2024 |  |  | 16,604 |
Thereafter |  |  | 27,835 |
Total |  |  | 170,663 |
Less: Finance charges |  |  | 26,054 |
Total principal liability |  | $ | 144,609 |
The Company has additional lease liabilities of $28.2 million which have not yet commenced as of June 30, 2020, and as such, have not been recognized on the consolidated balance sheets.

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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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