Leases (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Leased Assets and Liabilities

Leased assets and liabilities include the following:



Description	Location	MARCH 31 2020		DECEMBER 31 2019
Assets
Operating	Operating lease right-of-use assets	$	11,081	$	11,398
Finance	Property, plant and equipment, net ^(a)	$	107	$	544

Liabilities
Current
Operating	Other current liabilities	$	1,303	$	1,318
Finance	Current maturities of long-term debt	$	33	$	558
Noncurrent
Operating	Operating lease liabilities	$	12,117	$	12,448
Finance	Long-term debt	$	76	$	85

^(a)Finance leased assets are recorded net of accumulated amortization of less than $0.1 million and $1.9 million as of March 31, 2020 and December 31, 2019, respectively.

Lease Expense

The components of lease expense were as follows:



		THREE MONTHS ENDED
		MARCH 31
Description	Location	2020		2019
Lease expense
Operating lease cost	Selling, general and administrative expenses	$	510	$	625
Finance lease cost:
Amortization of leased assets	Cost of sales	94		96
Interest on lease liabilities	Interest expense	5		3
Variable lease expense	Selling, general and administrative expenses	150		101
Short-term lease expense	Selling, general and administrative expenses	114		20
Total lease expense		$	873	$	845

Finance Leases, Future Minimum Payments

Future minimum finance and operating lease payments were as follows at March 31, 2020:



	Finance Leases		Operating Leases		Total
Remainder of 2020	$	28	$	1,622	$	1,650
2021	37		2,149		2,186
2022	37		2,175		2,212
2023	16		1,685		1,701
2024	—		1,661		1,661
Subsequent to 2024	—		9,330		9,330
Total minimum lease payments	$	118	$	18,622	$	18,740
Amounts representing interest	9		5,202
Present value of net minimum lease payments	$	109	$	13,420

Operating Leases, Future Minimum Payments

Future minimum finance and operating lease payments were as follows at March 31, 2020:



	Finance Leases		Operating Leases		Total
Remainder of 2020	$	28	$	1,622	$	1,650
2021	37		2,149		2,186
2022	37		2,175		2,212
2023	16		1,685		1,701
2024	—		1,661		1,661
Subsequent to 2024	—		9,330		9,330
Total minimum lease payments	$	118	$	18,622	$	18,740
Amounts representing interest	9		5,202
Present value of net minimum lease payments	$	109	$	13,420

Assumptions Used for Leases

The assumptions used in accounting for ASC 842 were as follows:



	THREE MONTHS ENDED
	MARCH 31
Lease term and discount rate	2020		2019
Weighted average remaining lease term (years)
Operating	9.48		10.00
Finance	3.17		0.80

Weighted average discount rate
Operating	7.00	%	6.95	%
Finance	5.09	%	3.98	%

Supplemental Cash Flow Information

The following table details cash paid for amounts included in the measurement of lease liabilities:



	THREE MONTHS ENDED
	MARCH 31
Cash paid for amounts included in the measurement of lease liabilities	2020		2019
Operating cash flows from operating leases	$	571	$	573
Operating cash flows from finance leases	$	5	$	3
Financing cash flows from finance leases	$	534	$	122