Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Schedule of Balance Sheet Classification

Balance Sheet Classification

(in thousands)	Classification	March 31, 2019
Assets
Operating lease assets	Other long-term assets	$	12,927
Liabilities
Current operating lease liability	Accounts payable and accrued liabilities	$	4,443
Noncurrent operating lease liability	Other long-term obligations		8,500
Total lease liabilities		$	12,943

Schedule of Lease Costs

Other Operating Lease Information

(in thousands)	March 31, 2019
Lease costs1	$	1,410
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,522
Leased assets exchanged for new operating lease liabilities	$	268
Weighted-average remaining terms (years)		3.63
Weighted-average discount rate		4.14	%

¹ Excludes short-term leases and variable lease costs, which are immaterial.

Schedule of Maturity of Lease Liabilities

Maturity of Operating Lease Liabilities¹

At March 31, 2019, the future minimum lease payment obligations under noncancelable operating leases were as follows:

(in thousands)
2019	$	3,707
2020		4,212
2021		3,200
2022		1,564
2023		668
After 2023		575
Total lease payments		13,926
Less: interest2		983
Present value of lease liabilities	$	12,943

¹ Operating lease payments include any options to extend lease terms that are reasonably certain of being exercised and excludes $8.2 million of legally binding agreements for property and equipment that we expect will be subject to operating lease agreements upon receipt and acceptance by us.

² Calculated using the interest rate for each lease.

Schedule of Future Minimum Lease Payment for Operating Leases

At December 31, 2018, future minimum lease payment obligations under noncancelable operating leases were as follows:

(in thousands)
2019	$	5,130
2020		4,135
2021		3,142
2022		1,538
2023		629
2024 and thereafter		575
Total	$	15,149