Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Components of Lease Expense

Components of lease expense required by ASC 842 are presented below for the three and six months ended June 30, 2019.

	Three Months Ended June 30,	Six Months Ended June 30,
	2019	2019
	(in thousands)
Lease cost1
Operating lease cost	1,016	2,230
Short-term lease cost	340	561
Variable lease cost	131	284
Total lease cost	1,487	3,075

1.ASC 842 was adopted as of January 1, 2019. As such, prior period numbers remain unadjusted and in accordance with prior U.S. GAAP. Lease expense for the three and six months ended June 30, 2018 was $1.1 million and $2.0 million, respectively.

Supplemental Information Required by ASC 842

Supplemental information required by ASC 842 is presented below for the six months ended June 30, 2019.

	June 30, 2019
	(amounts in thousands)
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	2,702
Weighted-average remaining lease term — operating leases	6.9 years
Weighted-average discount rate — operating leases	4.9		%

Schedule of Future Minimum Lease Payments

The following is a schedule by calendar year of future minimum lease payments under operating leases that have remaining terms as of June 30, 2019:

Period/Year	Operating Leases
	(in thousands)
July 1 to December 31, 2019	$	2,463
2020	4,579
2021	2,778
2022	1,598
2023	1,258
2024	1,285
Thereafter	5,514
Total minimum lease payments	$	19,475