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Note 6 - Leases
3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Lessee, Operating Leases [Text Block]
6.
Leases
:
 
The components of lease expense were as follows:
 
   
Three Months Ended
   
Three Months Ended
 
   
March 31,
   
March 31,
 
(in thousands)
 
2020
   
2019
 
                 
Operating lease cost
  $
1,777
    $
1,759
 
                 
Finance lease cost:
               
Amortization of right-of-use assets
  $
60
    $
5
 
Interest on lease liabilities
   
14
     
3
 
Total finance lease cost
  $
74
    $
8
 
 
Supplemental cash flow information related to leases was as follows:
 
   
Three Months Ended
   
Three Months Ended
 
   
March 31,
   
March 31,
 
(in thousands)
 
2020
   
2019
 
                 
Cash paid for amounts included in the measurement of lease liabilities:
               
Operating cash flows from operating leases
  $
1,759
    $
1,806
 
Operating cash flows from finance leases
   
14
     
3
 
Financing cash flows from finance leases
   
57
     
2
 
Total cash paid for amounts included in the measurement of lease liabilities
  $
1,830
    $
1,811
 
 
Supplemental balance sheet information related to leases was as follows:
 
   
March 31,
   
December 31,
 
(in thousands)
 
2020
   
2019
 
                 
Operating Leases
 
 
 
 
 
 
 
 
Operating lease right-of-use asset
  $
35,929
    $
31,624
 
Operating lease accumulated depreciation
   
(7,256
)    
(5,825
)
Operating lease right-of-use asset, net
   
28,673
     
25,799
 
                 
Other current liabilities
   
5,843
     
5,481
 
Operating lease liabilities
   
22,948
     
20,418
 
Total operating lease liabilities
  $
28,791
    $
25,899
 
                 
Finance Leases
 
 
 
 
 
 
 
 
Property and equipment, at cost
  $
1,628
    $
613
 
Accumulated depreciation
   
(145
)    
(67
)
Property and equipment, net
   
1,483
     
546
 
                 
Other current liabilities
   
252
     
108
 
Other long-term liabilities
   
1,241
     
443
 
Total finance lease liabilities
  $
1,493
    $
551
 
                 
Weighted Average Remaining Lease Term
 
 
 
 
 
 
 
 
Operating leases (in years)
   
7
     
7
 
Finance leases (in years)
   
6
     
6
 
                 
Weighted Average Discount Rate
 
 
 
 
 
 
 
 
Operating leases
   
3.76
%    
3.72
%
Finance leases
   
3.82
%    
4.01
%
 
Maturities of lease liabilities were as follows:
 
   
Operating
   
Finance
 
(in thousands)
 
Leases
   
Leases
 
                 
Year Ending December 31,
 
 
 
 
 
 
 
 
2020
  $
5,162
    $
228
 
2021
   
6,171
     
298
 
2022
   
5,153
     
285
 
2023
   
4,205
     
241
 
2023
   
3,591
     
216
 
Thereafter
   
8,506
     
403
 
Total future minimum lease payments
  $
32,788
    $
1,671
 
Less remaining imputed interest
   
(3,997
)    
(178
)
Total
  $
28,791
    $
1,493