Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Schedule of Classification of Leases

Certain lease agreements include rental payments adjusted periodically for inflation. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants.

		Three months ended
		March 31, 2019
	Classification	(In thousands)
Assets
Operating	Operating lease right of use assets	$	4,401
Finance	Other assets	722
Total lease assets		$	5,123
Liabilities
Current
Operating	Operating lease liabilities	$	1,176
Finance	Other accrued liabilities		361
Noncurrent
Operating	Operating lease liabilities, long-term		3,189
Finance	Other long-term liabilities		397
Total lease liabilities		$	5,123

Schedule of Lease Cost

Our lease cost at March 31, 2019 is as follows:

		Three months ended
		March 31, 2019
		(In thousands)
	Classification
Operating lease cost	Selling, general and administrative	$	374
Finance lease cost			-
Amortization of leased assets	Selling, general and administrative	92
Interest on lease liabilities	Interest expense	9
Total lease cost		$	475

Schedule of Maturity of Lease Obligations

The five year and beyond maturity of our lease obligations is presented below:

	Three months ended
	March 31, 2019
	Operating		Finance
	Leases		Leases		Total
	(In thousands)
2019	$	1,109	$	303	$	1,412
2020		1,128	241			1,369
2021		479	142			621
2022		280	47			327
2023		181	19			200
After 2023		2,827	95			2,922
Total lease payments	$	6,004	$	847	$	6,851
Less: interest		1,566	83			1,649
Present value of lease liabilities	$	4,438	$	764	$	5,202

Schedule of Lease Term and Discount Rate for Operating and Finance Leases

The lease term and discount rate for our operating and finance leases is as follows:

	March 31, 2019
Weighted average remaining lease term (years)
Operating leases		12.4
Finance leases		2
Weighted average discount rate
Operating leases		4.79	%
Finance leases		4.33	%

Schedule of Other Information Pertaining to Lease Obligations

We had no material non-cash financing leases entered into during the three months ended March 31, 2019.

Other information pertaining to our lease obligations is as follows:

	Three months ended
	March 31, 2019
	(In thousands)
Other Information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	368
Operating cash flows from finance leases		9