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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases  
Schedule of information pertaining to operating leases

Three Months Ended

Six Months Ended

(Dollars in thousands)

June 30,

June 30,

 

    

2020

2019

    

2020

2019

 

 

Lease Cost Components:

Amortization of ROU assets - finance leases

$

47

$

$

47

$

Interest on lease liabilities - finance leases

5

5

Operating lease cost (cost resulting from lease payments)

3,058

2,173

5,316

4,319

Short-term lease cost

99

132

197

276

Variable lease cost (cost excluded from lease payments)

 

203

 

117

 

369

 

186

Total lease cost

$

3,412

$

2,422

$

5,934

$

4,781

Supplemental Cash Flow and Other Information Related to Leases:

Finance lease - operating cash flows

$

8

$

$

8

$

Finance lease - financing cash flows

40

40

Operating lease - operating cash flows (fixed payments)

2,784

1,918

4,456

3,808

Operating lease - operating cash flows (net change asset/liability)

(2,409)

248

(2,678)

504

New ROU assets - operating leases

39,278

2,994

39,736

4,950

New ROU assets - finance leases

5,374

5,374

Weighted - average remaining lease term (years) - finance leases

10.63

Weighted - average remaining lease term (years) - operating leases

 

11.81

 

14.40

Weighted - average discount rate - finance leases

1.9%

Weighted - average discount rate - operating leases

 

 

 

3.3%

 

4.0%

 

 

 

 

Operating lease payments due:

2020 (excluding the six months ended June 30, 2020)

$

9,252

 

2021

16,141

 

2022

14,772

 

2023

13,808

 

2024

12,610

Thereafter

92,073

 

Total undiscounted cash flows

158,656

 

Discount on cash flows

(30,962)

Total operating lease liabilities

$

127,694