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Lease Agreements

12 Months Ended

Dec. 31, 2020

(4) Lease Agreements

Lease-related assets and liabilities consisted of the following:


		December 31,
	Classification on the Balance Sheet	2020		2019
ASSETS
Operating lease assets	Operating right-of-use assets	$	28,083	$	29,423
Finance lease assets	Property, plant and equipment, net		9,525		10,293
Total lease assets		$	37,608	$	39,716

LIABILITIES
Current
Operating	Operating lease liabilities	$	6,585	$	6,537
Finance	Current portion of finance leases		676		596
Noncurrent
Operating	Noncurrent operating lease liabilities		21,530		22,760
Finance	Finance leases, less current portion		7,727		8,208
Total liabilities		$	36,518	$	38,101


	December 31,
	2020		2019
Weighted average remaining lease term (years)
Operating leases	5.1		5.5
Finance leases	9.8		10.9
Weighted average discount rate
Operating leases	5.1	%	5.2	%
Finance leases	4.7	%	4.7	%

Lease-related expenses were as follows:


	Year Ended December 31,
	2020		2019
Finance lease expense:
Amortization of finance lease assets	$	1,029	$	1,046
Interest on finance lease liabilities		405		424
Operating lease expense		8,208		8,551
Variable lease expense		712		612
Short-term lease expense		27		34
Sublease income ⁽¹⁾		(493)		(744)
Total lease expense	$	9,888	$	9,923

(1)	Relates primarily to one property that was subleased through September 2020.

Lease-related supplemental cash flow information was as follows:


	Year Ended December 31,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	(7,940)	$	(8,633)
Operating cash for finance leases		(405)		(424)
Financing cash flows for finance leases		(637)		(611)
Right-of-use assets obtained in exhange for lease obligations:
Operating leases		5,092		1,713

Maturities of lease liabilities as of December 31, 2020 are as follows: