LEASES LEASES

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

LEASES

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.

The components of lease cost for the three and nine months ended September 30, 2019 were as follows:

	For the Three Months Ended September 30,		For the Nine Months Ended September 30,
Operating lease cost:
Short-term operating lease cost	$	1,354	$	4,166
Long-term operating lease cost	1,147		3,446
Total operating lease cost	$	2,501	$	7,612
Finance lease cost:
Amortization of right-of-use asset	$	1,600	$	4,319
Interest on lease liabilities	80		276
Total finance lease cost	$	1,680	$	4,595

The classification of cash flows related to our leases for the nine months ended September 30, 2019 was as follows:

	For the Nine Months Ended September 30,
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	3,371
Operating cash flows from finance leases	288
Financing cash flows from finance leases	5,106
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	2,184
Finance leases	3,520

Our current and non-current assets and liabilities related to our leasing arrangements comprised the following at September 30, 2019:

	September 30, 2019
Operating Leases
Operating lease right-of-use-assets, gross	$	13,452
Accumulated amortization	(2,781		)
Operating lease right-of-use-assets, net	$	10,671
Other current liabilities	$	2,969
Other non-current liabilities	7,658
Total operating lease liabilities	$	10,627
Finance Leases
Property, plant and equipment, gross	$	31,821
Accumulated depreciation	(13,810		)
Property, plant and equipment, net	$	18,011
Current portion of long-term debt and other financing arrangements	$	6,063
Long-term debt and other financing arrangements	8,744
Total finance lease liabilities	$	14,807
Weighted Average Remaining Lease Term	Years
Operating leases	5.2
Finance leases	2.7
Weighted Average Discount Rate	Discount Rate
Operating leases	4.77		%
Finance leases	2.07		%

Our lease liabilities had the following maturities at September 30, 2019:

	Operating Leases			Finance Leases
2019	$	2,051		$	1,636
2020	2,134			6,194
2021	2,360			4,792
2022	1,600			2,143
2023	1,334			459
2024 and thereafter	2,649			—
Total undiscounted payments	12,128			15,224
Less: amount representing interest	(1,501		)	(417		)
Present value of net minimum lease payments	$	10,627		$	14,807