Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Components of lease expense, and lease assets and liabilities

The components of lease expense were as follows:

			Three Months Ended			Six Months Ended
			June 30,				June 30,
(in thousands)			2020		2019		2020		2019
Finance lease cost:
	Amortization of right-to-use assets (included in depreciation expense)	$	177	$	178	$	355	$	356
	Interest on lease liabilities		109		141		227		287
Operating lease cost			3,997		4,232		8,138		8,680
Short-term lease cost			137		121		378		321
Variable lease cost			406		371		916		737
	Total lease cost	$	4,826	$	5,043	$	10,014	$	10,381
			Six Months Ended
			June 30, 2020			June 30, 2019
Other information:
	Cash paid for amounts included in the measurement of lease liabilities:
	Operating cash flows used for finance lease			$	244			$	303
	Operating cash flows used for operating leases			$	7,897			$	7,447
	Financing cash flows used for finance lease			$	642			$	566
	Right-to-use assets obtained in exchange for new operating lease liabilities			$	4,504			$	15,206

The lease assets and liabilities were as follows (in thousands):

	June 30,			December 31,
	2020			2019
Finance lease right-of-assets (included in other assets)		$	1,956		$	2,311
Operating lease right-of-use assets		$	74,170		$	76,859
Finance lease liability, current (included in current installments of long-term debt)		$	1,412		$	1,325
Finance lease liability, noncurrent (included in long-term debt)		$	2,926		$	3,654
Operating lease liabilities, current (included in accrued liabilities)		$	11,720		$	11,043
Operating lease liabilities, noncurrent		$	64,768		$	67,898
Weighted average remaining lease term – finance leases		3.0 years			3.5 years
Weighted average remaining lease term – operating leases		9.8 years			10.2 years
Weighted average discount rate – finance leases			10.1%			10.1%
Weighted average discount rate – operating leases			4.7%			4.7%

Future annual minimum lease payments and finance lease commitments

Future annual minimum lease payments and finance lease commitments as of June 30, 2020 were as follows (in thousands):

		Operating			Finance
Year ending December 31,			Leases		Leases
	2020 (remaining six months)	$	7,658	$	895
	2021		13,898		1,816
	2022		10,936		1,853
	2023		10,109		465
	2024		8,623		—
	2025 and thereafter		46,026		—
	Total minimum lease payments	$	97,250	$	5,029
	Less: imputed interest		(20,762)		(691)
	Present value of lease liabilities	$	76,488	$	4,338