Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Components of Lease Cost

Components of lease cost (income) were as follows:

(in thousands)	Quarter ended March 31, 2020		Quarter Ended March 31, 2019
Operating lease cost	$	2,895	$	3,789
Finance lease cost - amortization expense	204		206
Finance lease cost - interest expense	161		115
Short-term lease cost	27		24
Variable lease cost	914		—
Sublease income	(152)		—
Total	$	4,049	$	4,134

Balance Sheet Classifications

Balance sheet classifications at March 31, 2020 and December 31, 2019 are summarized below:

	2020						2019
(in thousands)	Right of use assets		Current right of use liabilities		Long-term right of use liabilities		Right of use assets		Current right of use liabilities		Long-term right of use liabilities
Operating Leases	$	27,085	$	8,544	$	23,768	$	28,571	$	9,231	$	24,835
Finance Leases	7,906		872		10,112		8,319		338		10,567
Total	$	34,991	$	9,416	$	33,880	$	36,890	$	9,569	$	35,402

Future Minimum Lease Payments - Finance Leases

Our future minimum lease payments as of March 31, 2020 under operating lease and finance leases, with initial or remaining lease terms in excess of one year, were as follows:

	March 31, 2020
(in thousands)	Operating Leases		Finance Leases
Years ending March 31:
2021	$	8,086	$	1,153
2022	7,988		1,443
2023	6,699		1,446
2024	5,343		1,440
2025	3,781		1,392
Thereafter	6,633		8,017
Total lease payments	38,530		14,891
Less: imputed interest	(6,218)		(3,907)
Present value of lease liabilities	$	32,312	$	10,984

Future Minimum Lease Payments - Operating Leases

Our future minimum lease payments as of March 31, 2020 under operating lease and finance leases, with initial or remaining lease terms in excess of one year, were as follows:

	March 31, 2020
(in thousands)	Operating Leases		Finance Leases
Years ending March 31:
2021	$	8,086	$	1,153
2022	7,988		1,443
2023	6,699		1,446
2024	5,343		1,440
2025	3,781		1,392
Thereafter	6,633		8,017
Total lease payments	38,530		14,891
Less: imputed interest	(6,218)		(3,907)
Present value of lease liabilities	$	32,312	$	10,984

Supplemental Cash Flow Information

Supplemental cash flow information related to our operating leases for the periods ending March 31, 2020 and March 31, 2019 were as follows:

(in thousands)	March 31, 2020		March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflow from operating leases	$	3,157	$	3,857
Operating cash outflow from finance leases	$	139	$	115
Financing cash (inflow) outflow from finance leases	$	(296)	$	167

Weighted-average remaining lease terms and discount rate for our operating leases for the period ending March 31, 2020, were as follows:

	March 31, 2020
	Operating		Financing
Weighted-average remaining lease term	5.1 years		10.2 years
Weighted-average discount rate	6.49	%	6.01	%