LEASES

6 Months Ended

Jun. 30, 2020

Leases

LEASES

NOTE E – LEASES

The Company leases, under finance and operating lease arrangements, certain facilities used primarily in the Asset-Based segment service center operations, certain revenue equipment used in the ArcBest segment operations, and certain other office equipment.

The components of operating lease expense were as follows:

	Three Months Ended				Six Months Ended
	June 30				June 30
	2020		2019		2020		2019
	(in thousands)
Operating lease expense	$	5,803	$	5,642	$	11,599	$	10,981
Variable lease expense		543		774		1,583		1,613
Sublease income		(42)		(69)		(134)		(136)
Total operating lease expense	$	6,304	$	6,347	$	13,048	$	12,458

The operating cash flows from operating lease activity were as follows:

	Six Months Ended
	June 30, 2020		June 30, 2019
	(in thousands)
Noncash change in operating right-of-use assets	$	11,002	$	9,784
Change in operating lease liabilities		(11,232)		(9,625)
Operating right-of-use-assets and lease liabilities, net	$	(230)	$	159
Cash paid for amounts included in the measurement of operating lease liabilities	$	(11,826)	$	(10,815)

Maturities of operating lease liabilities at June 30, 2020 were as follows:

					Equipment
			Land and		and
	Total		Structures(1)		Other
	(in thousands)
Remainder of 2020	$	11,616	$	11,139	$	477
2021		20,619		20,338		281
2022		16,462		16,451		11
2023		12,176		12,176		—
2024		10,185		10,185		—
Thereafter		23,072		23,072		—
Total lease payments		94,130		93,361		769
Less imputed interest		(9,112)		(9,102)		(10)
Total	$	85,018	$	84,259	$	759

(1) Excludes future minimum payments for leases which were executed but had not yet commenced as of June 30, 2020 of $34.7 million and $7.3 million which will be paid over 13 and 10 years, respectively. The Company plans to take possession of these leased spaces in third quarter 2020.