XML 57 R12.htm IDEA: XBRL DOCUMENT
v3.20.1

Leases | 3 Months Ended
--- | ---
Mar. 31, 2020
Leases [Abstract] |
Leases | Leases We have entered into various operating lease agreements for automobiles, offices and manufacturing facilities throughout the world. At March 31, 2020, our operating leases had remaining lease terms of up to 41 years. Lease balances within our consolidated balance sheet were as follows:
(In thousands) | March 31, 2020 |  | December 31, 2019
Assets: |  |  |
Operating lease right-of-use assets | $ | 18,359 |  |  | $ | 19,826 |
Liabilities: |  |  |
Other accrued liabilities | $ | 5,030 |  |  | $ | 4,903 |
Long-term operating lease obligations | 14,069 |  |  | 15,639 |
Total lease liabilities | $ | 19,099 |  |  | $ | 20,542 |
Operating lease expense, including variable and short-term lease costs which were insignificant to the total, operating lease cash flows and supplemental cash flow information were as follows:
(In thousands) | Three Months Ended March 31,
2020 |  | 2019
Cost of sales | $ | 390 |  |  | $ | 592 |
Selling, general and administrative expenses | 998 |  |  | 1,384 |
Total operating lease expense | $ | 1,388 |  |  | $ | 1,976 |
Operating cash outflows from operating leases | $ | 1,525 |  |  | $ | 1,767 |
Operating lease right-of-use assets obtained in exchange for lease obligations | $ | 186 |  |  | $ | 1,524 |
The weighted average remaining lease liability term and the weighted average discount rate were as follows:
| March 31, 2020
Weighted average lease liability term (in years) | 4.10 |
Weighted average discount rate | 4.51 | %
The following table reconciles the undiscounted cash flows for each of the first five years and thereafter to the operating lease liabilities recognized in our consolidated balance sheet at March 31, 2020. The reconciliation excludes short-term leases that are not recorded on the balance sheet.
(In thousands) | March 31, 2020
2020 (remaining 9 months) | $ | 4,419 |
2021 | 6,256 |
2022 | 5,250 |
2023 | 2,399 |
2024 | 1,343 |
Thereafter | 2,040 |
Total lease payments | 21,707 |
Less: imputed interest | (2,608 | )
Total lease liabilities | $ | 19,099 |
At March 31, 2020, we had one operating lease with a five-year term that had not yet commenced. The total initial lease liability of approximately $1.6 million is not reflected within the above maturity schedule.

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 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
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration