Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Supplemental Balance Sheet Information Related Leases

Balance Sheet Classification

The following table provides supplemental balance sheet information related to our leases:

(in thousands)	Classification	December 31, 2019
Assets
Operating lease assets	Other long-term assets	$	15,772
Finance lease assets1	Property, plant and equipment, net		2,360
Total lease assets		$	18,132
Liabilities
Current
Operating lease liabilities	Accounts payable and accrued liabilities	$	4,998
Finance lease liabilities	Accounts payable and accrued liabilities		644
Noncurrent
Operating lease liabilities	Other long-term obligations		10,775
Finance lease liabilities	Other long-term obligations		1,703
Total lease liabilities		$	18,120

¹ Finance lease assets are presented net of accumulated amortization of $0.3 million as of December 31, 2019.

Schedule of Weighted Average Remaining Terms and Discount Rate

	December 31, 2019
Weighted-average remaining terms (years)
Operating leases		4.22
Finance leases		3.83
Weighted-average discount rate
Operating leases		4.17	%
Finance leases		3.54	%

Schedule of Components of Lease Expense

Lease Costs

The following table summarizes the components of our lease expense:

	Year Ended December 31,
(in thousands)	2019		2018		2017
Operating lease costs1	$	5,938	$	4,989	$	4,519
Finance lease costs
Amortization of leased assets		269		—		—
Interest on lease assets		40		—		—
Net lease costs	$	6,247	$	4,989	$	4,519

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

Schedule of Supplemental Cash Flow Information Related Leases

Other Lease Information

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

	Year Ended
(in thousands)	December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	5,963
Operating cash flows for finance leases	$	40
Financing cash flows for finance leases	$	283
Leased assets exchanged for new lease liabilities:
Operating leases	$	7,135
Finance leases	$	2,630

Schedule of Maturity of Lease Liabilities

Maturity of Lease Liabilities

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

(in thousands)	Operating Leases		Finance Leases
2020	$	5,549	$	716
2021		4,454		696
2022		2,756		611
2023		1,821		358
2024		965		128
After 2024		1,689		—
Total lease payments		17,234		2,509
Less: interest		1,461		162
Present value of lease liabilities	$	15,773	$	2,347