XML 42 R26.htm IDEA: XBRL DOCUMENT
v3.20.4

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Leases [Abstract] |
Components of lease |
(in thousands) |  | Statement of Operations Location |  | Year Ended December 31, 2020
Operating lease cost: |  |  |  |
Lease cost |  | Cost of goods sold |  | $ | 1,570 |
Lease cost |  | Research and development expenses |  | 621 |
Lease cost |  | Selling, general and administrative expenses |  | 569 |
Variable lease cost (1) |  | Cost of goods sold |  | 17 |
Operating lease cost |  |  |  | $ | 2,777 |
Short-term lease cost |  | Selling, general and administrative expenses |  | $ | 311 |
Finance lease cost: |  |  |  |
Amortization of right-of use assets |  | Cost of goods sold |  | $ | 75 |
Interest on lease liabilities |  | Interest expense |  | 13 |
Finance lease cost |  |  |  | $ | 88 |
Total lease cost |  |  |  | $ | 3,176 |
____________ (1) Variable lease cost primarily consists of common area maintenance, such as cleaning and repairs. Weighted average remaining lease terms and weighted average discount rates were:
|  | December 31, 2020
|  | Operating Leases |  | Finance Leases
Weighted average remaining lease term (years) |  | 6.6 |  | 3.2
Weighted average discount rate |  | 2.7 | % |  | 5.3 | %
Schedule of supplemental balance sheet information | Supplemental balance sheet information as of December 31, 2020 related to leases are as follows:
(in thousands) |  | Balance Sheet Location |  | December 31, 2020
Assets |  |  |  |
Operating leases |  | Operating lease right-of-use assets |  | $ | 14,570 |
Finance leases, net |  | Property, plant and equipment, net |  | 212 |
Total lease assets |  |  |  | $ | 14,782 |
Liabilities |  |  |  |
Current: |  |  |  |
Operating lease liabilities |  | Current portion of operating lease liabilities |  | $ | 3,095 |
Finance lease liabilities |  | Current portion of finance lease liabilities |  | 71 |
Long-term: |  |  |  |
Operating lease liabilities |  | Operating lease liabilities, net of current portion |  | 11,793 |
Finance lease liabilities |  | Finance lease obligations and other long-term liabilities |  | 149 |
Total lease liabilities |  |  |  | $ | 15,108 |
Schedule of future maturities of operating lease liabilities | The following is a schedule by year of the maturities of lease liabilities with original terms in excess of one year, as of December 31, 2020:
|  | December 31, 2020
(in thousands) |  | Operating Leases |  | Finance Leases
2021 |  | $ | 3,455 |  |  | $ | 80 |
2022 |  | 3,290 |  |  | 70 |
2023 |  | 2,703 |  |  | 58 |
2024 |  | 1,662 |  |  | 30 |
2025 |  | 1,301 |  |  | — |
Thereafter |  | 3,914 |  |  | — |
Total undiscounted future minimum lease payments |  | 16,325 |  |  | 238 |
Less imputed interest |  | (1,437) |  |  | (18) |
Total discounted future minimum lease payments |  | $ | 14,888 |  |  | $ | 220 |
Schedule of future maturities of finance lease liabilities | The following is a schedule by year of the maturities of lease liabilities with original terms in excess of one year, as of December 31, 2020:
|  | December 31, 2020
(in thousands) |  | Operating Leases |  | Finance Leases
2021 |  | $ | 3,455 |  |  | $ | 80 |
2022 |  | 3,290 |  |  | 70 |
2023 |  | 2,703 |  |  | 58 |
2024 |  | 1,662 |  |  | 30 |
2025 |  | 1,301 |  |  | — |
Thereafter |  | 3,914 |  |  | — |
Total undiscounted future minimum lease payments |  | 16,325 |  |  | 238 |
Less imputed interest |  | (1,437) |  |  | (18) |
Total discounted future minimum lease payments |  | $ | 14,888 |  |  | $ | 220 |
Schedule of future maturities of operating lease liabilities (Topic 840) | A schedule of the future minimum rental commitments under the Company’s capital lease agreements and non-cancelable operating lease agreements with an initial or remaining term in excess of one year as of December 31, 2019, in accordance with ASC 840 were as follows:
|  | December 31, 2019
(in thousands) |  | Capital Lease Obligations |  | Operating Lease Obligations
2020 |  | $ | 86 |  |  | $ | 1,878 |
2021 |  | 80 |  |  | 1,813 |
2022 |  | 71 |  |  | 1,817 |
2023 |  | 58 |  |  | 1,840 |
2024 |  | 30 |  |  | 1,353 |
Thereafter |  | — |  |  | 5,167 |
Total minimum lease payments |  |  |  | $ | 13,868 |
Total minimum lease payments |  | $ | 325 |  |  |
Less: imputed interest (4.1% to 15.9%) |  | (34) |  |  |
Total capital lease obligations |  | $ | 291 |  |  |
Less: current portion of capital lease obligations |  | (72) |  |  |
Long-term capital lease obligations |  | $ | 219 |  |  |
Schedule of future maturities of capital lease liabilities (Topic 840) | A schedule of the future minimum rental commitments under the Company’s capital lease agreements and non-cancelable operating lease agreements with an initial or remaining term in excess of one year as of December 31, 2019, in accordance with ASC 840 were as follows:
|  | December 31, 2019
(in thousands) |  | Capital Lease Obligations |  | Operating Lease Obligations
2020 |  | $ | 86 |  |  | $ | 1,878 |
2021 |  | 80 |  |  | 1,813 |
2022 |  | 71 |  |  | 1,817 |
2023 |  | 58 |  |  | 1,840 |
2024 |  | 30 |  |  | 1,353 |
Thereafter |  | — |  |  | 5,167 |
Total minimum lease payments |  |  |  | $ | 13,868 |
Total minimum lease payments |  | $ | 325 |  |  |
Less: imputed interest (4.1% to 15.9%) |  | (34) |  |  |
Total capital lease obligations |  | $ | 291 |  |  |
Less: current portion of capital lease obligations |  | (72) |  |  |
Long-term capital lease obligations |  | $ | 219 |  |  |

X
- Definition Schedule of Assets and Liabilities Related to Operating and Finance Leases [Table Text Block] + References No definition available. + Details
Name: | bynd_ScheduleofAssetsandLiabilitiesRelatedtoOperatingandFinanceLeasesTableTextBlock
Namespace Prefix: | bynd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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=121609121&loc=SL77918701-209980 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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=121609121&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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=121609121&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121616839&loc=d3e45280-112737 + Details
Name: | us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717 + Details
Name: | us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration