XML 46 R32.htm IDEA: XBRL DOCUMENT v3.19.2
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2019
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Additional Leases Information . See below for additional information about the Company’s leases.

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

 

June 30,

 

 

June 30,

 

 

($ in thousands)

 

2019

 

 

 

2019

 

 

Supplemental Income Statement Information:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease cost

 

$

 

4,167

 

 

$

 

8,300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Supplemental Cash Flow Information:

 

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

 

4,969

 

 

$

 

9,837

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Information

 

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term - operating leases

 

 

 

5.10

 

years

 

 

5.10

 

years

Weighted-average discount rate - operating leases

 

 

 

4.00

 

%

 

 

4.00

 

%

 

 

 

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for lease obligations (e.g. new leases commenced during the period):

 

$

 

 

 

$

 

1,172

 

 

 

Schedule of future minimum rental payments required under the operating leases in place

The future minimum rental payments required under the operating leases in place at June 30, 2019, are as follows:

 

Fiscal year ended

 

Operating Leases

 

 

Sublease Income

 

 

Net Minimum Payments

 

2019

 

$

 

9,638

 

 

$

 

(318

)

 

$

 

9,320

 

2020

 

 

 

13,844

 

 

 

 

(849

)

 

 

 

12,995

 

2021

 

 

 

8,687

 

 

 

 

(849

)

 

 

 

7,838

 

2022

 

 

 

8,476

 

 

 

 

(849

)

 

 

 

7,627

 

2023

 

 

 

7,092

 

 

 

 

(849

)

 

 

 

6,243

 

Thereafter

 

 

 

12,329

 

 

 

 

(1,274

)

 

 

 

11,055

 

Total Payments

 

$

 

60,066

 

 

$

 

(4,988

)

 

$

 

55,078

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Present Value Adjustment

 

$

 

5,793

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

 

54,273

 

 

 

 

 

 

 

 

 

 

 

 

In accordance with ASC 840, the future minimum rental payments under the operating leases in place at December 31, 2018 are as follows:

 

Fiscal year ended

 

Operating Leases

 

 

Sublease Income

 

 

Net Minimum Payments

 

2019

 

$

 

19,742

 

 

$

 

(530

)

 

$

 

19,212

 

2020

 

 

 

13,836

 

 

 

 

(849

)

 

 

 

12,987

 

2021

 

 

 

8,682

 

 

 

 

(849

)

 

 

 

7,833

 

2022

 

 

 

8,471

 

 

 

 

(849

)

 

 

 

7,622

 

2023

 

 

 

7,090

 

 

 

 

(849

)

 

 

 

6,241

 

Thereafter

 

 

 

12,349

 

 

 

 

(1,273

)

 

 

 

11,076

 

Total

 

$

 

70,170

 

 

$

 

(5,199

)

 

$

 

64,971