XML 29 R14.htm IDEA: XBRL DOCUMENT v3.20.2
Leases
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Leases LeasesIn the three months ended June 30, 2020, the Company entered into an agreement to sublease an operating lease right of use asset. The Company recognized $709 and $709 of sublease income in the three and six months ended June 30, 2020, respectively, within Other operating income, net.The Company evaluates long-lived assets for indicators of impairment when events or changes in circumstances indicate that the carrying amount may not be recoverable. The Company considers a triggering event to have occurred upon exiting a facility if the expected undiscounted cash flows for the sublease period are less than the carrying value of the assets group. An impairment charge is recorded in the excess of each operating lease right-of-use asset's carrying amount over its estimated fair value. As a result, the Company recorded a $4,771 non-cash impairment charge to the Restructuring and impairment line item in the Interim Condensed Consolidated Statement of Operations based on the estimate of future recoverable cash flows. As part of the impairment charge, the carrying value of the Operating lease right of use asset was reduced by $4,771. Please refer to Note 21 for further details.