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LEASES (Tables)

9 Months Ended

Sep. 30, 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		September 30, 2019
Right-of-Use Assets
Operating		Other assets		$	12,915
Finance		Property, plant and equipment, net of depreciation		2,981
Total leased ROU assets				$	15,896
Liabilities
Current
Operating		Other accrued liabilities		$	3,658
Finance		Current portion of finance lease obligations		322
Noncurrent
Operating		Non-current liabilities		9,384
Finance		Finance lease obligations		461
Total lease liabilities				$	13,825

Lease, Cost

Remaining lease term and discount rates are as follows:

		September 30, 2019
Weighted average remaining lease term (years)
Operating leases		4.4
Finance leases		2.3
Weighted average discount rate
Operating leases		5.17	%
Finance leases		6.16	%

Lease costs included in the Condensed Consolidated Statements of Cash Flows are as follows (in thousands):

		Nine Months Ended September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases		$	3,271
Operating cash flows from finance leases		$	42
Financing cash flows from finance leases		$	230
Leased assets obtained in exchange for new operating lease liabilities		$	5,218

Lease costs included in the Condensed Consolidated Statements of Operations consist of the following (in thousands):

		Classification		Three Months Ended September 30, 2019				Nine Months Ended September 30, 2019
Operating lease cost		Cost of sales, selling expenses and general and administrative expense		$	1,200			$	3,398
Finance lease cost
Amortization of ROU leased assets		Depreciation and amortization		36				108
Interest on lease liabilities		Interest expense		16				51
Net lease cost				$	1,252			$	3,557

Operating Lease, Liability, Maturity

Maturity of the Company’s lease liabilities is as follows (in thousands):

		Operating Leases				Finance Leases				Total
2019 (remainder)		$	1,171			$	90			$	1,261
2020		4,015				361				4,376
2021		3,441				361				3,802
2022		2,103				30				2,133
2023		1,765				—				1,765
Thereafter		2,093				—				2,093
Total lease payments		$	14,588			$	842			$	15,430
Less: interest		1,546				59
Present value of lease payments		$	13,042			$	783

Finance Lease, Liability, Maturity

Maturity of the Company’s lease liabilities is as follows (in thousands):

		Operating Leases				Finance Leases				Total
2019 (remainder)		$	1,171			$	90			$	1,261
2020		4,015				361				4,376
2021		3,441				361				3,802
2022		2,103				30				2,133
2023		1,765				—				1,765
Thereafter		2,093				—				2,093
Total lease payments		$	14,588			$	842			$	15,430
Less: interest		1,546				59
Present value of lease payments		$	13,042			$	783

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980

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X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980

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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980

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Assets and Liabilities, Lessee [Table Text Block]

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