Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Components of Lease Expense and Supplemental Cash Flow and Additional Information

The components of lease expense were as follows:

	Three Months Ended		Nine Months Ended
(In thousands)	September 30 2019		September 30 2019
Finance leases:
Amortization expense	$	325	$	911
Interest on lease liabilities	27		68
Operating leases	4,391		11,518
Short-term leases	6,619		16,006
Variable lease expense	140		361
Total lease expense from continuing operations	$	11,502	$	28,864

Supplemental cash flow information related to leases was as follows:

	Nine Months Ended
(In thousands)	September 30 2019
Cash paid for amounts included in the measurement of lease liabilities:
Cash flows from operating activities - Operating leases	$	10,881
Cash flows from financing activities - Finance leases	953
Right-of-use assets obtained in exchange for lease obligations:
Operating leases (a)	$	57,607
Finance leases	1,671

(a)

Includes ROU assets of approximately $34 million that were recorded upon adoption at January 1, 2019 and $21.3 million that were recorded upon the acquisition of Clean Earth. See Note 2, Recently Adopted and Recently Issued Accounting Standards, and Note 3, Acquisitions and Dispositions, for additional information.

Supplemental additional information related to leases is as follows:

	September 30 2019
Other information:
Weighted average remaining lease term - Operating leases (in years)	9.89
Weighted average remaining lease term - Finance leases (in years)	2.99
Weighted average discount rate - Operating leases	4.3	%
Weighted average discount rate - Finance leases	4.5	%

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows: 

(In thousands)	September 30 2019
Operating Leases:
Operating lease right-of-use assets	$	47,662
Current portion of operating lease liabilities	12,145
Operating lease liabilities	32,772
Finance Leases:
Property, plant and equipment, net	$	2,346
Current maturities of long-term debt	1,125
Long-term debt	1,144

Maturities of Operating Lease Liabilities

Maturities of lease liabilities were as follows:

(In thousand)	Operating Leases			Finance Leases
Year Ending December 31st:
2019 (excluding the nine months ended September 30, 2019)	$	4,192		$	298
2020	13,564			893
2021	10,077			653
2022	6,242			423
2023	4,430			140
After 2023	25,907			34
Total lease payments	64,412			2,441
Less: Imputed interest	(19,495		)	(172		)
Total	$	44,917		$	2,269

Maturities of Finance Lease Liabilities

Maturities of lease liabilities were as follows:

(In thousand)	Operating Leases			Finance Leases
Year Ending December 31st:
2019 (excluding the nine months ended September 30, 2019)	$	4,192		$	298
2020	13,564			893
2021	10,077			653
2022	6,242			423
2023	4,430			140
After 2023	25,907			34
Total lease payments	64,412			2,441
Less: Imputed interest	(19,495		)	(172		)
Total	$	44,917		$	2,269

Future Minimum Payments Under Operating Leases with Noncancelable Terms

As previously disclosed, under then in effect lease accounting in accordance with U.S. GAAP, future minimum payments under operating leases with noncancelable terms were as follows as of December 31, 2018:

(In thousands) (b)
2019	$	10,761
2020	8,938
2021	6,235
2022	4,602
2023	3,083
After 2023	17,170

(b)

These amounts do not include operating lease obligations of Clean Earth as of December 31, 2018.