Leases (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Components of lease expense, and lease assets and liabilities

The components of lease expense were as follows:

			Three Months Ended			Nine Months Ended
			September 30,				September 30,
(in thousands)			2020		2019		2020		2019
Finance lease cost:
	Amortization of right-of-use assets (included in depreciation expense)	$	177	$	178	$	532	$	534
	Interest on lease liabilities		102		135		329		422
Operating lease cost			3,936		4,181		12,074		12,861
Short-term lease cost			105		131		483		452
Variable lease cost			406		595		1,322		1,391
	Total lease cost	$	4,726	$	5,220	$	14,740	$	15,660
			Nine Months Ended
			September 30, 2020			September 30, 2019
Other information:
	Cash paid for amounts included in the measurement of lease liabilities:
	Operating cash flows used for finance lease			$	354			$	444
	Operating cash flows used for operating leases			$	11,798			$	11,142
	Financing cash flows used for finance lease			$	980			$	864
	Right-to-use assets obtained in exchange for new operating lease liabilities			$	16,470			$	15,282

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

	September 30,			December 31,
	2020			2019
Finance lease right-of-use assets (included in other assets)		$	1,778		$	2,311
Operating lease right-of-use assets		$	82,849		$	76,859
Finance lease liability, current (included in current installments of long-term debt)		$	1,457		$	1,325
Finance lease liability, noncurrent (included in long-term debt)		$	2,543		$	3,654
Operating lease liabilities, current (included in accrued liabilities)		$	11,466		$	11,043
Operating lease liabilities, noncurrent		$	74,407		$	67,898
Weighted average remaining lease term – finance leases		2.8 years			3.5 years
Weighted average remaining lease term – operating leases		10.1 years			10.2 years
Weighted average discount rate – finance leases			10.1%			10.1%
Weighted average discount rate – operating leases			4.4%			4.7%

Future annual minimum lease payments and finance lease commitments

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

		Operating			Finance
Year ending December 31,			Leases		Leases
	2020 (remaining three months)	$	3,760	$	448
	2021		13,955		1,816
	2022		12,363		1,853
	2023		10,962		465
	2024		9,990		—
	2025 and thereafter		57,147		—
	Total minimum lease payments	$	108,177	$	4,582
	Less: imputed interest		(22,304)		(582)
	Present value of lease liabilities	$	85,873	$	4,000