Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Components of Net Lease Cost

The table below details the components of net lease cost during the period presented ($ in thousands):

	Three Months Ended March 31, 2019
Finance leases
Amortization of right-of-use assets	$	503
Interest on lease liabilities		81
Operating lease cost		1,300
Short-term lease cost		80
Variable lease cost		344
Sublease income		(87	)
Net lease cost	$	2,221

Cash Payments Included in Measurement of Lease Liabilities

The table below details the cash payments included in the measurement of lease liabilities during the period presented ($ in thousands):

	Three Months Ended March 31, 2019
Finance leases
Operating cash flows included in other activities, net	$	265
Financing cash flows included in payments under finance lease obligations		513
Operating leases
Operating cash flows (fixed payments) included in other activities, net		1,246
Operating cash flows (liability reduction) included in other activities, net		941

Balance Sheet Information and Weighted-Average Lease Terms and Discount Rates Related to Leases

The table below details balance sheet information, as well as weighted-average lease terms and discount rates, related to leases at March 31, 2019 ($ in thousands):

	March 31, 2019
Finance lease right-of-use assets, net of accumulated depreciation	$	11,230
Finance lease liabilities		11,220
Operating lease right-of-use assets		33,861
Operating lease liabilities		34,921
Weighted-average lease term
Finance leases	8.58 years
Operating leases	9.64 years
Weighted-average discount rate
Finance leases		3.02	%
Operating leases		3.59	%

Future Minimum Rental Commitments Under Finance and Operating Leases

At March 31, 2019, future minimum rental commitments under finance and operating leases were as follows ($ in thousands):

	Finance Leases			Operating Leases
2019 (excluding the three months ended March 31, 2019)	$	1,770		$	3,713
2020		2,132			4,736
2021		1,615			4,517
2022		1,556			4,159
2023		871			4,157
Thereafter		5,024			20,401
Total minimum lease payments		12,968			41,683
Less imputed interest		(1,748	)		(6,762	)
Lease liabilities	$	11,220		$	34,921

Future Minimum Rental Commitments Under Non-Cancellable Operating Leases

.  At December 31, 2018, future minimum rental commitments under non-cancellable operating leases were as follows ($ in thousands):

2019	$	8,680
2020		8,063
2021		7,274
2022		6,680
2023		5,788
Thereafter		29,673
Total	$	66,158