Leases (Table)

6 Months Ended

Jun. 30, 2021

Amounts included in the Condensed Consolidated Statement of Financial Position (Unaudited) related to leases include:

		June 30,		December 31,
	Classification	2021		2020
Assets:
Operating lease assets	Right of use asset - operating leases	$	22,834	$	18,390
Finance lease assets	Property, plant and equipment, net		10,109		—
Total lease assets		$	32,943	$	18,390

Liabilities:
Current	Operating lease liability - short-term	$	4,833	$	4,359
Long-term	Operating lease liability - long-term		17,778		13,755
Total operating lease liabilities		$	22,611	$	18,114
Current	Finance lease liability - short-term	$	491	$	—
Long-term	Finance lease liability - long-term		9,688		—
Total finance lease liabilities			10,179		—
Total lease liabilities		$	32,790	$	18,114

The components of lease expense include:

		For the Quarter Ended June 30,				For the Six Months Ended June 30,
Lease Cost	Classification	2021		2020		2021		2020
Operating lease cost ⁽¹⁾	Cost of sales	$	1,176	$	435	$	2,246	$	834
Operating lease cost ⁽¹⁾	Selling, general and administrative expenses		544		427		1,095		868
Finance lease cost
Depreciation expense	Cost of sales		173		—		230		—
Interest expense on lease liabilities	Interest expense, net		89		—		119		—
Total lease cost		$	1,982	$	862	$	3,690	$	1,702

(1)	Includes short-term leases and variable lease costs, which are immaterial

Supplemental cash flow information related to leases was as follows:

	For the Six Months Ended June 30,
Supplemental Cash Flow Information	2021		2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,627	$	1,244
Operating cash flows from finance leases	$	119	$	—
Financing cash flows from finance leases	$	161	$	—
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	$	6,753	$	—
Finance leases	$	10,339	$	—

Lease Term and Discount Rate	June 30, 2021			December 31, 2020
Weighted-average remaining lease term (years):
Operating leases		6.19			5.66
Finance leases		14.68			—
Weighted-average discount rate:
Operating leases		3.6	%		3.7	%
Finance leases		3.5	%		—

Maturity of Lease Liabilities - As of June 30, 2021	Operating Leases			Finance Leases			Total
2021⁽¹⁾	$	2,853		$	420		$	3,273
2022		5,138			840			5,978
2023		4,539			840			5,379
2024		3,158			861			4,019
2025		2,351			865			3,216
After 2025		7,071			9,273			16,344
Total lease payments		25,110			13,099			38,209
Less: interest		(2,499	)		(2,920	)		(5,419	)
Present value of lease liabilities	$	22,611		$	10,179		$	32,790

(1)	Represents amounts due in 2021 after June 30, 2021