LEASES

We enter into operating and finance leases for offices, production and related facilities, cars and certain equipment. Our leases have remaining lease terms up to ten years. Certain lease agreements include options to extend for up to three years and include options to terminate within one year.

The components of lease cost for the three months ended March 31, 2019 were as follows:



	For the Three Months Ended March 31,
Operating lease cost:
Short-term operating lease cost	$	1,684
Long-term operating lease cost	1,150
Total operating lease cost	$	2,834

Finance lease cost:
Amortization of right-of-use asset	$	1,255
Interest of lease liabilities	107
Total finance lease cost	$	1,362

The classification of cash flows related to our leases for the three months ended March 31, 2019 was as follows:



	For the Three Months Ended March 31,
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,321
Operating cash flows from finance leases	109
Financing cash flows from finance leases	1,769

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	1,564
Finance leases	2,248

Our current and non-current assets and liabilities related to our leasing arrangements comprised the following at March 31, 2019:



	March 31, 2019
Operating Leases
Operating lease right-of-use-assets, gross	$	13,284
Accumulated amortization	(964		)
Operating lease right-of-use-assets, net	$	12,320

Other current liabilities	$	3,443
Other non-current liabilities	8,828
Total operating lease liabilities	$	12,271

Finance Leases
Property, plant and equipment, gross	$	30,475
Accumulated depreciation	(11,605		)
Property, plant and equipment, net	$	18,870

Current portion of long-term debt and other financing arrangements	$	5,802
Long-term debt and other financing arrangements	9,811
Total finance lease liabilities	$	15,613

Weighted Average Remaining Lease Term	Years
Operating leases	5.3
Finance leases	2.9

Weighted Average Discount Rate	Discount Rate
Operating leases	4.71		%
Finance leases	2.09		%

Our lease liabilities had the following maturities at March 31, 2019:



	Operating Leases			Finance Leases
2019	$	3,270		$	4,583
2020	3,060			5,677
2021	2,179			4,215
2022	1,460			1,565
2023	1,322			36
2024 and thereafter	2,732			16
Total undiscounted payments	14,023			16,092
Less: amount representing interest	(1,752		)	(479		)
Present value of net minimum lease payments	$	12,271		$	15,613