Leases (Tables)

12 Months Ended

Dec. 31, 2019

Asset And Liabilities, Lessee [Table Text Block]

The consolidated balance sheet impact at December 31, 2019 is as follows (in thousands):




Assets	Operating			Finance
Gross ROU Assets (1)	$	21,116		$	3,527
Less: Accumulated Amortization	(3,492		)	(338		)
Net ROU Assets	$	17,624		$	3,189

Liabilities	Operating			Finance
Current (2)	$	3,042		$	504
Non-current (3)	14,317			2,744
Total Lease Liabilities	$	17,359		$	3,248

(1) Operating and finance ROU assets are included within other assets on the balance sheet.
(2) The current portion of operating and finance lease liabilities are recorded within accrued expenses and other current liabilities on the balance sheet.
(3) The non-current portion of operating and finance lease liabilities are recorded within other non-current liabilities on the balance sheet.

Lease, Cost [Table Text Block]

The components of lease costs are as follows (in thousands):



	Twelve Months Ended
Lease Costs	December 31, 2019
Operating lease cost (1)	$	5,071

Finance lease cost
Amortization of leased assets (2)	251
Interest on lease liabilities (3)	40
Total finance lease costs	291
Total lease cost	$	5,362

(1) Operating lease costs are recorded within selling, general and administrative expenses or cost of revenue within the consolidated statements of (loss) income depending upon the nature of the underlying lease.
(2) Finance lease amortization costs are recorded in selling, general and administrative expenses within the consolidated statements of (loss) income.
(3) Finance lease interest costs are recorded in interest expense, net within the consolidated statements of (loss) income.

Supplemental cash flow information related to leases are as follows (in thousands):



	Twelve Months Ended
Other Information	December 31, 2019
Operating Activities
Noncash lease expense on operating ROU assets	$	(17,625	)
Amortization expense on finance ROU assets	251
Change in total operating lease liabilities	17,359
Principal paid on operating lease liabilities	(4,301		)
Total Operating Activities	$	(4,316	)
Financing Activities
Principal paid on finance lease liabilities	$	(281	)
Supplemental
Interest Paid on finance lease liabilities	$	40

The weighted average remaining lease term and discount rates are as follows:



Lease Term and Discount Rate	December 31, 2019
Weighted average remaining lease term (years)
Operating leases	6.7
Finance leases	6.8
Weighted average discount rate (percentage)
Operating leases	4.6	%
Finance leases	2.0	%

Finance Lease, Liability, Maturity [Table Text Block]

The estimated future minimum lease payments only include obligations for which we are reasonably certain to exercise our renewal option. Such future payments are as follows (in thousands):



Maturity of Lease Liabilities	Operating			Finance			Total
2020	$	3,994		$	526		$	4,520
2021	3,338			526			3,864
2022	2,994			515			3,509
2023	2,272			515			2,787
2024	1,761			499			2,260
After 2024	6,834			942			7,776
Less: Interest	(3,834		)	(275		)	(4,109		)
Present value of lease liabilities	$	17,359		$	3,248		$	20,607

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

The estimated future minimum lease payments only include obligations for which we are reasonably certain to exercise our renewal option. Such future payments are as follows (in thousands):



Maturity of Lease Liabilities	Operating			Finance			Total
2020	$	3,994		$	526		$	4,520
2021	3,338			526			3,864
2022	2,994			515			3,509
2023	2,272			515			2,787
2024	1,761			499			2,260
After 2024	6,834			942			7,776
Less: Interest	(3,834		)	(275		)	(4,109		)
Present value of lease liabilities	$	17,359		$	3,248		$	20,607