Cash, cash equivalents and restricted cash

3 Months Ended

Mar. 31, 2020

Cash, cash equivalents and restricted cash

Cash, cash equivalents and restricted cash

Note 8. Cash, cash equivalents and restricted cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheet to the total of the amounts shown in the statement of cash flows:

	March 31,		December 31,
	2020			2019
	(in thousands)
Cash and cash equivalents	$	174,745	$	139,881
Long-term restricted cash		6,671		6,653
Total cash, cash equivalents and restricted cash	$	181,416	$	146,534

As of March 31,  2020, we had $6.7 million in restricted cash representing the total of (i) a $5.9 million letter of credit serving as security for the lease of our corporate headquarters in Beverly, Massachusetts, (ii) a  $0.7 million letter of credit relating to workers’ compensation insurance and (iii) a  $0.1 million deposit relating to customs activity.