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LEASES (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Assets and Liabilities, Lessee
Leased assets and liabilities included within the Condensed Consolidated Balance Sheets consist of the following (in thousands):
 
 
Classification
 
March 31, 2019
Right-of-Use Assets
 
 
 
 
Operating
 
Other assets
 
$
12,081

Finance
 
Property, plant and equipment, net of depreciation
 
3,053

Total Leased ROU Assets
 
 
 
$
15,134

Liabilities
 
 
 
 
Current
 
 
 
 
Operating
 
Other accrued liabilities
 
$
3,640

Finance
 
Current portion of finance lease obligations
 
313

Noncurrent
 
 
 
 
Operating
 
Non-current liabilities
 
8,476

Finance
 
Finance lease obligations
 
625

Total lease liabilities
 
 
 
$
13,054

Lease, Cost
Lease costs included in the Condensed Consolidated Statements of Cash Flows are as follows (in thousands):
 
 
Three Months Ended
March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
 
 
Operating cash flows from operating leases
 
$
1,038

Operating cash flows from finance leases
 
$
15

Financing cash flows from finance leases
 
$
75

Lease costs included in the Condensed Consolidated Statements of Operations consist of the following (in thousands):
 
 
Classification
 
Three Months Ended
March 31, 2019
Operating lease cost
 
Cost of sales, selling expenses and general and administrative expense
 
$
1,072

Finance lease cost
 
 
 
 
Amortization of ROU leased assets
 
Depreciation and amortization
 
36

Interest on lease liabilities
 
Interest expense
 
15

Net lease cost
 
 
 
$
1,123

Lessee, Operating Lease, Liability, Maturity
Maturity of the Company’s lease liabilities is as follows (in thousands):
 
 
Operating Leases
 
Finance Leases
 
Total
2019 (remainder)
 
$
3,074

 
$
271

 
$
3,345

2020
 
3,289

 
361

 
3,650

2021
 
2,708

 
361

 
3,069

2022
 
1,480

 
30

 
1,510

2023
 
1,266

 

 
1,266

Thereafter
 
1,812

 

 
1,812

Total lease payments
 
$
13,629

 
$
1,023

 
$
14,652

Less: interest
 
1,514

 
85

 
 
Present value of lease payments
 
$
12,115

 
$
938

 
 
Finance Lease, Liability, Maturity
Maturity of the Company’s lease liabilities is as follows (in thousands):
 
 
Operating Leases
 
Finance Leases
 
Total
2019 (remainder)
 
$
3,074

 
$
271

 
$
3,345

2020
 
3,289

 
361

 
3,650

2021
 
2,708

 
361

 
3,069

2022
 
1,480

 
30

 
1,510

2023
 
1,266

 

 
1,266

Thereafter
 
1,812

 

 
1,812

Total lease payments
 
$
13,629

 
$
1,023

 
$
14,652

Less: interest
 
1,514

 
85

 
 
Present value of lease payments
 
$
12,115

 
$
938

 
 
Lease Terms And Discount Rates
Remaining lease term and discount rates are as follows:
 
 
March 31, 2019
Weighted average remaining lease term (years)
 
 
Operating leases
 
4.6

Finance leases
 
2.8

Weighted average discount rate
 
 
Operating leases
 
5.16
%
Finance leases
 
6.16
%