Leases Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Schedule of total lease cost

The components of our lease expense are as follows:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in thousands)	2020		2019		2020		2019
Operating lease cost:
Operating lease cost	$	1,856	$	1,513	$	3,435	$	2,921
Short-term lease cost	109		19		298		165
Total operating lease cost	1,965		1,532		3,733		3,086
Finance lease cost:
Amortization of right-of-use assets	86		848		175		1,713
Interest on lease liabilities	5		14		11		38
Total finance lease cost	91		862		186		1,751
Total lease cost	$	2,056	$	2,394	$	3,919	$	4,837

Schedule of supplemental balance sheet information related to leases

Supplemental balance sheet information related to leases as of June 30, 2020 and December 31, 2019 is as follows:

	June 30, 2020						December 31, 2019
(in thousands, except percentages and years)	Operating Leases			Finance Leases			Operating Leases			Finance Leases
Property and equipment, net	$	—		$	386		$	—		$	493
Other assets	35,420			—			16,400			—
Total right-of-use assets	35,420			386			16,400			493
Accrued liabilities	5,497			—			5,187			—
Current portion of finance lease obligations	—			255			—			394
Long-term portion of finance lease obligations	—			224			—			289
Other long-term liabilities	32,888			—			14,029			—
Total lease obligations	$	38,385		$	479		$	19,216		$	683
Weighted average remaining lease term (years)	8.0			2.0			5.0			1.9
Weighted average discount rate	3.6		%	4.0		%	4.4		%	4.5		%

Schedule of maturities of operating and finance leases

Future maturities of lease liabilities as of June 30, 2020 are as follows:

(in thousands)	Operating Leases			Finance Leases
Remainder of 2020	$	3,472		$	159
2021	6,632			210
2022	5,570			109
2023	4,851			10
2024	4,624			9
Thereafter	19,166			1
Total minimum lease payments	44,315			498
Less imputed interest	(5,930		)	(19		)
Present value of lease liabilities	$	38,385		$	479

Schedule of supplemental cash flow information related to leases

Supplemental cash flow information related to leases is as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in thousands)	2020			2019			2020			2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(1,720	)	$	(1,393	)	$	(3,278	)	$	(2,865	)
Operating cash flows from finance leases	(5		)	(14		)	(11		)	(38		)
Financing cash flows from finance leases	(153		)	(496		)	(332		)	(1,659		)
Right-of-use assets obtained in exchange for lease obligations, net of incentives:
Operating leases	2,051			6			19,106			21,816
Finance leases	$	—		$	—		$	68		$	787