XML 87 R36.htm IDEA: XBRL DOCUMENT v3.20.1
Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Information Related to Lease Costs
The components of lease expense were as follows (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
 
 
 
 
Operating lease cost
$
1,942

 
$
1,102

 
 
 
 
Finance lease cost
 
 
 
Amortization of lease expense
$
26

 
$
25

Interest on lease liabilities
4

 
5

 
 
 
 
Sublease income
$
(134
)
 
$
(100
)
 
 
 
 
Total finance lease cost, net
$
1,838

 
$
1,032

 
Three Months Ended March 31,
 
2020
 
2019
 
 
 
 
Operating lease cost
$
1,942

 
$
1,102

 
 
 
 
Finance lease cost
 
 
 
Amortization of lease expense
$
26

 
$
25

Interest on lease liabilities
4

 
5

 
 
 
 
Sublease income
$
(134
)
 
$
(100
)
 
 
 
 
Total finance lease cost, net
$
1,838

 
$
1,032


Other information related to leases was as follows (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
 
 
 
 
Supplemental Cash Flows Information
 
 
 
 
 
 
 
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
Operating cash flows from operating leases
$
1,547

 
$
1,034

Operating cash flows from finance leases
4

 
5

Financing cash flows from finance leases
26

 
25

 
 
 
 
Right-of-use assets obtained in exchange for lease liabilities:
 
 
 
Operating leases
4,745

 
8,855

 
 
 
 
 
Three Months Ended March 31,
 
2020
 
2019
 
 
 
 
Weighted Average Remaining Lease Term
 
 
 
 
 
 
 
Operating leases
7.33 years

 
4.30 years

Finance leases
4.42 years

 
5.25 years

 
 
 
 
Weighted Average Discount Rate
 
 
 
 
 
 
 
Operating leases
6.10
%
 
6.13
%
Finance leases
3.00
%
 
3.00
%
Schedule of Future Minimum Operating Lease Payments After Adoption of 842
Future minimum lease payments under non-cancellable leases as of March 31, 2020 is as follows (in thousands):
March 31, 2020
Operating Leases
 
Finance Leases
2020 (excluding the three months ended March 31, 2020)
$
3,227

 
$
89

2021
3,745

 
119

2022
2,970

 
119

2023
2,724

 
119

2024
2,340

 
79

Thereafter
8,484

 

 
 
 
 
Total future minimum lease payments
23,490

 
525

Less: imputed interest
4,788

 
33

Total lease liabilities
18,702

 
492

Less: current portion
3,119

 
102

Long-term lease liabilities
$
15,583

 
$
390

Schedule of Future Minimum Finance Lease Payments After Adoption of 842
Future minimum lease payments under non-cancellable leases as of March 31, 2020 is as follows (in thousands):
March 31, 2020
Operating Leases
 
Finance Leases
2020 (excluding the three months ended March 31, 2020)
$
3,227

 
$
89

2021
3,745

 
119

2022
2,970

 
119

2023
2,724

 
119

2024
2,340

 
79

Thereafter
8,484

 

 
 
 
 
Total future minimum lease payments
23,490

 
525

Less: imputed interest
4,788

 
33

Total lease liabilities
18,702

 
492

Less: current portion
3,119

 
102

Long-term lease liabilities
$
15,583

 
$
390