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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Lease, Cost
The following table provides details of our lease contracts for the three-month and six-month periods ended June 30, 2020 and 2019 (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2020201920202019
Operating lease cost$8,473  $8,381  $17,213  $17,802  
Finance lease cost:
Amortization of right of use assets153  136  307  314  
Interest on lease liabilities630  32  1,280  65  
Total finance lease cost783  168  1,587  379  
Short-term lease cost3,514  1,869  6,397  3,835  
Variable lease cost2,084  1,432  4,032  2,518  
Total lease cost$14,854  $11,850  $29,229  $24,534  
Supplemental cash flow information related to our lease contracts for the six-month periods ended June 30, 2020 and 2019 is as follows (in thousands):
Six Months Ended June 30,
20202019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$18,664  $15,775  
Operating cash flows from finance leases749  65  
Financing cash flows from finance leases344  341  
Right-of-use assets obtained in exchange for lease obligations:
Operating leases17,197  526  
Supplemental Balance Sheet Information related to Leases
Supplemental balance sheet information related to our lease contracts, including the location on balance sheet, at June 30, 2020 and December 31, 2019 is as follows (in thousands, except as noted):
June 30, 2020December 31, 2019
Operating leases:
Other assets$136,210  $133,864  
Current operating lease liability21,808  23,137  
Other noncurrent liabilities116,249  114,686  
Total operating lease liabilities138,057  137,823  
Finance leases:
Net property, plant and equipment58,972  59,494  
Current portion of long-term debt592  636  
Long-term debt58,620  58,888  
Total finance lease liabilities59,212  59,524  
Weighted average remaining lease term (in years):
Operating leases15.911.4
Finance leases28.028.3
Weighted average discount rate (%):
Operating leases4.08 %3.84 %
Finance leases4.57 %4.56 %
Lessee, Operating Lease, Liability, Maturity
Maturities of lease liabilities as of June 30, 2020 were as follows (in thousands):
Operating LeasesFinance Leases
Remainder of 2020$16,273  $1,092  
202118,834  2,139  
202214,675  4,420  
202313,237  4,420  
202412,289  4,420  
Thereafter149,131  94,335  
Total lease payments224,439  110,826  
Less imputed interest86,382  51,614  
Total$138,057  $59,212  
Finance Lease, Liability, Maturity
Maturities of lease liabilities as of June 30, 2020 were as follows (in thousands):
Operating LeasesFinance Leases
Remainder of 2020$16,273  $1,092  
202118,834  2,139  
202214,675  4,420  
202313,237  4,420  
202412,289  4,420  
Thereafter149,131  94,335  
Total lease payments224,439  110,826  
Less imputed interest86,382  51,614  
Total$138,057  $59,212