Leases (Tables)

9 Months Ended

Sep. 30, 2019

Lease Balances within the Consolidated Balance Sheet

Lease balances within our consolidated balance sheet were as follows:



(In thousands)	September 30, 2019
Assets:
Operating lease right-of-use assets	$	19,890
Liabilities:
Other accrued liabilities	$	4,501
Long-term operating lease obligations	15,580
Total lease liabilities	$	20,081

Operating Lease Expense, Operating Lease Cash Flows and Supplemental Cash Flow Information

Operating lease expense, including short-term and variable lease costs, which are insignificant to the total, and operating lease cash flows and supplemental cash flow information were as follows:



(In thousands)	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Cost of sales	$	574	$	1,627
Selling, general and administrative expenses	1,036		3,324
Total operating lease expense	$	1,610	$	4,951
Operating cash outflows from operating leases	$	1,537	$	5,197
Operating lease right-of-use assets obtained in exchange for lease obligations	$	1,131	$	2,655

Lease Terms and Discount Rates

The weighted average remaining lease liability term and the weighted average discount rate were as follows:



	September 30, 2019
Weighted average lease liability term (in years)	4.60
Weighted average discount rate	4.62	%

Reconciliation of the Undiscounted Cash Flows for Each of the First Five Years and Thereafter to Operating Lease Liabilities

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 September 30, 2019. The reconciliation excludes short-term leases that are not recorded on the balance sheet.



(In thousands)	September 30, 2019
2019 (remaining 3 months)	$	1,190
2020	5,482
2021	5,493
2022	4,523
2023	2,306
Thereafter	3,366
Total lease payments	22,360
Less: imputed interest	(2,279		)
Total lease liabilities	$	20,081