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Leases
 3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Leases
NOTE 8 - LEASES
We lease various assets in the ordinary course of business as follows: warehouses to store our materials and perform staging activities for certain products we install; various office spaces for selling and administrative activities to support our business; and certain vehicles and equipment to facilitate our operations, including, but not limited to, trucks, forklifts and office equipment.
The table below presents the lease-related assets and liabilities recorded on the Condensed Consolidated Balance Sheet:
                     
(in thousands)
 
Classification
 
As of March 31,
2020
   
As of December 31, 
2019
 
Assets
 
 
 
 
  
 
 
Non-Current
 
   
     
 
Operating
 
Operating lease
right-of-use
assets
   $
  47,134
    $
45,691
  
Finance
 
Property and equipment, net
   
6,602
     
7,148
  
                     
Total lease assets
 
  $
53,736
    $
52,839
  
                     
Liabilities
 
 
 
 
  
 
 
Current
 
   
     
 
Operating
 
Current maturities of operating lease obligations
  $
15,889
    $
15,459
  
Financing
 
Current maturities of finance lease obligations
   
2,438
     
2,747
  
Non-Current
 
   
     
 
Operating
 
Operating lease obligations
   
30,741
     
29,785
  
Financing
 
Finance lease obligations
   
3,412
     
3,597
  
                     
Total lease liabilities
 
  $
52,480
    $
51,588
  
                     
 
 
 
 
 
 
                 
Weighted-average remaining lease term:
   
 
 
 
                 
 
Operating leases
   
4.5 years
 
 
 
 
 
Finance leases
   
2.7 years
 
 
 
 
 
Weighted-average discount rate
   
 
 
 
 
 
Operating leases
   
4.50
 %
 
 
 
 
Finance leases
   
4.95
 %
 
 
 
 
 
 
Lease Costs
The table below presents certain information related to the lease costs for finance and operating leases:
                         
 
   
Three months ended
March 31,
 
(in thousands)
 
Classification
   
2020
   
2019
 
Operating lease cost
(1)
    
Administrative
    $
  5,572
    $
  4,987
 
Finance lease cost
   
     
     
 
Amortization of leased assets
(2)
    
Cost of sales
     
965
     
1,478
 
Interest on finance lease obligations
   
Interest expense, net
     
73
     
94
 
                         
Total lease costs
   
    $
6,610
    $
6,559
 
                         
 
 
 
 
 
(1)
 Includes variable lease costs of $0.6 million and $0.5 million, respectively, and short-term lease costs of $0.2 million
for each of the three months ended March 31, 2020 and 2019
.
 
 
 
 
 
 
(2)
 Includes variable lease costs of $0.2 million and $0.3 million, respectively
 
 
Other Information
The table below presents supplemental cash flow information related to leases (in thousands):
                 
 
Three months ended
March 31,
 
 
2020
   
2019
 
Cash paid for amounts included in the measurement of lease liabilities:
   
     
 
Operating cash flows for operating leases
  $
4,746
    $
4,233
  
Operating cash flows for finance leases
   
73
     
94
  
Financing cash flows for finance leases
   
738
     
1,366
  
 
 
 
 
 
Undiscounted Cash Flows
The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years for the finance lease obligations and operating lease obligations recorded on the Condensed Consolidated Balance Sheet as of March 31, 2020 (in thousands):
                                 
 
Finance Leases
   
Operating Leases
 
 
   
Related Party
   
Other
   
Total Operating
 
Remainder of 2020
  $
2,229
    $
819
    $
  12,733
    $
13,552
 
2021
   
2,048
     
946
     
13,089
     
14,035
 
2022
   
1,113
     
869
     
7,968
     
8,837
 
2023
   
748
     
415
     
4,561
     
4,976
 
2024
   
334
     
425
     
2,815
     
3,240
 
Thereafter
   
11
     
398
     
6,617
     
7,015
 
                                 
Total minimum lease payments
   
6,483
    $
  3,872
    $
47,783
     
51,655
 
Less: Amounts representing executory costs
   
(144
 )    
     
     
—  
  
Less: Amounts representing interest
   
(489
 )    
     
     
(5,025
 )
                                 
Present value of future minimum lease payments
   
5,850
     
     
     
46,630
 
Less: Current obligation under leases
   
(2,438
 )    
     
     
(15,889
 )
                                 
Long-term lease obligations
  $
3,412
     
     
    $
30,741