Leases (Tables)

6 Months Ended

Jun. 30, 2019

Components of Lease Expense and Cash Flow Information

The following table presents supplemental cash flow information related to leases:



(in thousands)	For the Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows paid for operating leases	$	2,444
Operating cash flows paid for interest portion of finance leases	21
Financing cash flows paid for principal portion of finance leases	61
Right-of-use assets obtained in exchange for lease obligations
Operating leases	280
Finance leases	517

The following table summarizes the components of lease expense:



(in thousands)	For the Three Months Ended June 30, 2019		For the Six Months Ended June 30, 2019
Operating lease cost	$	1,406	$	2,807
Finance lease cost
Amortization of ROU asset	45		69
Interest expense	14		21
Short-term lease cost	133		276
Variable lease cost	311		766
Total lease cost	$	1,909	$	3,939

Supplemental Balance Sheet Information

The following table presents supplemental balance sheet information related to leases as of June 30, 2019:



(in thousands)	Operating Leases		Finance Leases
ROU assets, net ¹	$	22,598	$	859

Lease liabilities, current ²	3,889		183
Lease liabilities, non-current ³	19,498		702
Total lease liabilities	$	23,387	$	885

1. Included in Other noncurrent assets for operating leases and Property, plant and equipment, net for finance leases on the Consolidated Balance Sheet.


2.	Included in Other accrued liabilities for operating leases and Current maturities of long-term debt for finance leases on the Consolidated Balance Sheet.


3.	Included in Other noncurrent liabilities for operating leases and Long-term debt, net of current maturities for finance leases on the Consolidated Balance Sheet.

Maturity Analysis of Operating Lease Liabilities

The following table presents maturity analysis of lease liabilities as of June 30, 2019:



(in thousands)	Operating Leases		Finance Leases
Six months ending December 31, 2019	$	2,737	$	118
Year ending December 31, 2020	5,210		236
Year ending December 31, 2021	4,827		236
Year ending December 31, 2022	4,668		169
Year ending December 31, 2023	3,247		101
Thereafter	9,202		178
Total undiscounted lease payments	29,891		1,038
Less: imputed interest	6,504		153
Total lease liabilities	$	23,387	$	885

Maturity Analysis of Financing Lease Liabilities

The following table presents maturity analysis of lease liabilities as of June 30, 2019:



(in thousands)	Operating Leases		Finance Leases
Six months ending December 31, 2019	$	2,737	$	118
Year ending December 31, 2020	5,210		236
Year ending December 31, 2021	4,827		236
Year ending December 31, 2022	4,668		169
Year ending December 31, 2023	3,247		101
Thereafter	9,202		178
Total undiscounted lease payments	29,891		1,038
Less: imputed interest	6,504		153
Total lease liabilities	$	23,387	$	885

Schedule of Future Minimum Lease Payments

Minimum lease commitments as of December 31, 2018 and accounted for under previous lease guidance were as follows:



(in thousands)	Operating		Capital
2019	$	5,071	$	80
2020	5,175		63
2021	4,724		67
2022	4,681		50
2023	3,104		13
2024 and beyond	3,694		—
Total	$	26,449	$	273