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LEASES

As previously discussed in Note

we account for our leases in accordance with the guidance in ASC

842,

which was effective for us as of

January 1, 2019.

In connection with the implementation of ASC

842,

we recorded non-cash increases in operating lease liabilities and right-of-use assets of

$5,197

and

$4,816,

respectively, as of the effective date of this guidance.

We lease our offices, warehouse facilities and certain equipment under non-cancellable operating leases that expire at various dates through

2028.

Total operating lease and short-term lease costs for the

three

and

six

months ended

June 30, 2019

and

2018,

respectively, were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018

Operating lease cost	$	370	$	417	$	736	$	835
Short-term lease cost	$	14	$	13	$	27	$	27

The following is additional information about our leases as of

June 30, 2019:

Range of remaining lease terms (in years)	0.3	to	8.9
Weighted average remaining lease term (in years)			5.7
Weighted average discount rate			5.0	%

Supplemental cash flow information related to leases for the

six

months ended

June 30, 2019

was as follows:

Non-cash increases (decreases) in operating lease liabilities and right-of-use assets as a result of lease modifications:
Modification to Ambrell’s U.K. facility lease	$	(486	)
Modification to lease for facility in Mansfield, Massachusetts	$	1,819

The lease for Ambrell’s U.K. facility had an original term of

years, which extended through

August 2029.

The lease included the option to terminate the lease at specified points in time without penalty. We exercised this option in

March 2019,

and the lease now expires in

September 2019.

At the effective date of this modification, we recorded a reduction in our ROU assets and operating lease liabilities of approximately

$486.

April 8, 2019,

we executed an amendment to the lease for our facility in Mansfield, Massachusetts that extended the term of the lease for an additional

forty

months to

December 31, 2024

and expanded the amount of leased space by approximately

6,100

square feet. The current rate per square foot that is in place through

August 31, 2021 (

the original expiration date of the lease) did

not

change. After

August 31, 2021,

there are predetermined fixed escalations of the rate as outlined in the amendment. At the effective date of this modification, we recorded an increase in our ROU assets and operating lease liabilities of approximately

$1,819.

Maturities of lease liabilities as of

June 30, 2019

were as follows:

2019 (remainder)	$	807
2020		1,572
2021		1,064
2022		825
2023		834
Thereafter		1,626
Total lease payments	$	6,728
Less imputed interest		(866	)
Total	$	5,862