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Leases
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Leases

 

5. Leases

A summary of the Company’s lease portfolio as of June 30, 2021 and December 31, 2020 is presented in the table below:

 

(U.S. Dollars, in thousands)

 

Classification

 

June 30,

2021

 

December 31, 2020

 

Right-of-use assets ("ROU assets")

 

 

 

 

 

 

 

 

 

Operating leases

 

Other long-term assets

 

$

4,155

 

$

4,840

 

Finance leases

 

Property, plant and equipment, net

 

 

19,641

 

 

20,552

 

Total ROU assets

 

 

 

 

23,796

 

 

25,392

 

 

 

 

 

 

 

 

 

 

 

Lease Liabilities

 

 

 

 

 

 

 

 

 

Current

 

 

 

 

 

 

 

 

 

Operating leases

 

Other current liabilities

 

 

2,107

 

 

2,092

 

Finance leases

 

Current portion of finance lease liability

 

 

2,551

 

 

510

 

Long-term

 

 

 

 

 

 

 

 

 

Operating leases

 

Other long-term liabilities

 

 

2,212

 

 

2,946

 

Finance leases

 

Long-term portion of finance lease liability

 

 

20,193

 

 

22,338

 

Total lease liabilities

 

 

 

$

27,063

 

$

27,886

 

 

Supplemental cash flow information related to leases was as follows:

(U.S. Dollars, in thousands)

 

Six Months Ended

June 30, 2021

 

 

Six Months Ended

June 30, 2020

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

2,327

 

 

$

2,082

 

Operating cash flows from finance leases

 

 

452

 

 

 

304

 

Financing cash flows from finance leases

 

 

260

 

 

 

124

 

ROU assets obtained in exchange for lease obligations

 

 

 

 

 

 

 

 

Operating leases

 

 

415

 

 

 

400

 

Finance leases

 

 

149

 

 

 

1,949