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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Lease Cost and Other Information

 

(In thousands)

Year ended

December 31, 2019

 

Lease Cost

 

 

 

Operating lease cost

$

10,908

 

Short-term lease cost

 

4,420

 

Variable lease cost

 

1,045

 

Total lease cost

$

16,373

 

Other Information

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

Operating cash flow from operating leases

$

10,954

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

5,694

 

 

Schedule of Lease Liability Payments

 

 

 

 

 

(In thousands)

 

 

 

 

Undiscounted Cash Flows:

 

 

 

 

2020

 

$

10,086

 

2021

 

 

7,589

 

2022

 

 

6,395

 

2023

 

 

5,132

 

2024

 

 

3,014

 

Subsequent to 2024

 

 

16,235

 

Total Undiscounted Cash Flows

 

$

48,451

 

Less: Imputed interest

 

 

(10,052

)

Present value

 

$

38,399

 

Current operating lease liabilities (1)

 

 

8,745

 

Non-current operating lease liabilities

 

 

29,654

 

Total lease liabilities

 

$

38,399

 

 

 

(1)

This item is included in Accrued liabilities line on the Company’s Consolidated Balance Sheet.

Schedule of Operating Leases Weighted Average, Remaining Lease Term and Discount Rate

 

Weighted-average remaining lease term-operating leases

 

9 Years

Weighted-average discount rate-operating leases

 

4.2%

Schedule of Future Minimum Lease Payments Under ASC 840

 

(In thousands)

 

 

 

 

Year

 

 

 

 

2019

 

$

9,740

 

2020

 

 

8,294

 

2021

 

 

6,027

 

2022

 

 

5,242

 

2023

 

 

4,101

 

Subsequent to 2023

 

 

16,593

 

Total minimum future rental payments

 

$

49,997