XML 66 R18.htm IDEA: XBRL DOCUMENT
v3.19.3

Leases | 9 Months Ended
--- | ---
Sep. 30, 2019
Leases [Abstract] |
Leases [Text Block] | 12. Leases The Company has noncancelable operating leases for office, manufacturing facilities, warehouse space, automobiles and equipment expiring at various dates through 202 4 and thereafter. As discussed in Footnote 1, the Company adopted ASC 842 as of January 1, 2019, using a current period adjustment method. In accordance with this method, the Company recognized a right of use asset of $9.4 million and an operating lease liability of $11.7 m illion as of January 1, 2019. As a result of using the current period adjustment method, the lease expense for nine months ended September 30, 2019 and 2018 was recognized under ASC 842, and ASC 840, the previous standard, respectively. T he components of lease expense for the three and nine months ended September 30, 2019 are as follows:
| Three Months Ended |  | Nine Months Ended
| September 30, 2019 |  | September 30, 2019
| (in thousands) |  | (in thousands)
Operating lease cost | $ | 523 |  | $ | 1,561
Short term lease cost |  | 29 |  |  | 156
Sublease income |  | (104) |  |  | (309)
Total lease cost | $ | 448 |  | $ | 1,408
Supplemental cash flow information related to the Company's operating leases was as follows:
| Nine Months Ended |  |  |
| September 30, 2019 |  |  |
| (in thousands) |  |  |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |
Operating cash flows from operating leases | $ | 1,815 |  |  |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |  |
Operating leases | $ | - |  |  |
Supplemental balance sheet information related to the Company's operating leases was as follows:
| September 30, 2019 |  |  |
| (in thousands) |  |  |
Operating lease right-of use assets | $ | 8,497 |  |  |
Current portion, operating lease liabilities | $ | 2,424 |  |  |
Operating lease liabilities, long term |  | 8,342 |  |  |
Total operating lease liabilities | $ | 10,766 |  |  |
Weighted average remaining lease term |  | 8.4 | years |  |
Weighted average discount rate |  | 9.2% |  |  |
Future minimum lease payments for operating leases, with initial or remaining terms in excess of one year at September 30, 2019, are as follows:
| Operating
| Leases
| (in thousands)
2020 | $ | 2,424
2021 |  | 1,987
2022 |  | 1,829
2023 |  | 1,783
2024 |  | 1,740
Thereafter |  | 6,125
Total lease payments |  | 15,888
Less interest |  | (5,122)
Total operating lease liabilities | $ | 10,766

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