Leases as Lessee (Tables)

6 Months Ended

Jun. 30, 2021

Leases [Abstract]

Summary of Lease Expense

The components of lease expense are as follows:

(in $000s)	Three Months Ended June 30, 2021		Six Months Ended June 30, 2021
Operating lease cost	$	2,014	$	2,788
Finance lease cost:
Amortization of lease assets	$	694	$	1,358
Interest on lease liabilities	$	376	$	595
Short-term lease cost	$	1,607	$	1,923
Sublease income	$	(1,913)	$	(2,568)
Total lease cost	$	2,778	$	4,096

Supplemental cash flow information related to leases is as follows:

(in $000s)	Three Months Ended June 30, 2021		Six Months Ended June 30, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows - payments on operating leases	$	2,014	$	2,788
Operating cash outflows - interest payments on finance leases	$	376	$	595
Finance cash outflows - payments on finance lease obligations	$	1,624	$	2,579

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases is as follows:

(in $000s)	June 30, 2021
Operating leases
Operating lease assets	$	38,249
Operating lease liabilities - current	$	4,967
Operating lease liabilities - noncurrent	33,493
Total operating lease liabilities	$	38,460
Finance leases
Property and equipment	$	4,268
Accumulated depreciation	(851)
Property and equipment, net	$	3,417
Rental equipment	$	21,567
Accumulated depreciation	(9,794)
Rental equipment, net	$	11,773

Summary of Operating Lease Maturity

Maturities of lease liabilities as of June 30, 2021 are as follows:

(in $000s)	Operating Leases		Finance Leases
2021 (July 1 - December 31)	$	3,595	$	3,424
2022	6,828		5,032
2023	6,491		2,630
2024	5,770		3,851
2025	4,983		7
Thereafter	24,890		—
Total lease payments	52,557		14,944
Less: imputed interest	(14,097)		(3,153)
Total present value of lease liabilities	$	38,460	$	11,791

Summary of Finance Lease Maturity

Maturities of lease liabilities as of June 30, 2021 are as follows:

(in $000s)	Operating Leases		Finance Leases
2021 (July 1 - December 31)	$	3,595	$	3,424
2022	6,828		5,032
2023	6,491		2,630
2024	5,770		3,851
2025	4,983		7
Thereafter	24,890		—
Total lease payments	52,557		14,944
Less: imputed interest	(14,097)		(3,153)
Total present value of lease liabilities	$	38,460	$	11,791