Leases (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of Supplemental Balance Sheet Information Related Leases assets and liabilities

The following table presents supplemental balance sheet information related to lease assets and liabilities:

(in thousands)	Classification	September 30, 2020		December 31, 2019
Assets
Operating lease assets	Other long-term assets	$	12,159	$	15,772
Finance lease assets¹	Property, plant and equipment, net		7,086		2,360
Total lease assets		$	19,245	$	18,132

Liabilities
Current:
Operating lease liabilities	Accounts payable and accrued liabilities	$	4,538	$	4,998
Finance lease liabilities	Accounts payable and accrued liabilities		2,046		644
Noncurrent:
Operating lease liabilities	Other long-term obligations		7,651		10,775
Finance lease liabilities	Other long-term obligations		4,963		1,703
Total lease liabilities		$	19,198	$	18,120

¹ Finance lease assets are presented net of accumulated amortization of $1.2 million and $0.3 million as of September 30, 2020 and December 31, 2019, respectively.

Schedule of Components of Lease Expense

The following table presents the components of lease expense:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2020		2019		2020		2019
Operating lease costs¹	$	1,413	$	1,576	$	4,252	$	4,497
Finance lease costs:
Amortization of leased assets		432	80			905	126
Interest on lease liabilities		44	12			103	22
Net lease costs	$	1,889	$	1,668	$	5,260	$	4,645

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

Schedule of Supplemental Cash Flow Information Related Leases

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

	Nine Months Ended September 30,
(in thousands)	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	4,244	$	4,503
Operating cash flows for finance leases	$	103	$	22
Financing cash flows for finance leases	$	968	$	121
Leased assets exchanged for new lease liabilities:
Operating leases	$	255	$	6,317
Finance leases	$	5,630	$	2,067