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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Schedule of Lease Cost and Other Information

 

(In thousands)

 

March 31, 2020

 

Lease Cost

 

 

 

 

Operating lease cost

 

$

2,721

 

Short-term lease cost

 

 

1,179

 

Variable lease cost

 

 

298

 

Total lease cost

 

$

4,198

 

Other Information

 

 

 

 

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

 

 

 

 

Operating cash flow from operating leases

 

$

2,747

 

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

 

 

666

 

 

Schedule of Lease Liability Payments

 

(In thousands)

 

 

 

 

Undiscounted Cash Flows:

 

 

 

 

2020 (excluding the three months ended March 31, 2020)

 

$

7,484

 

2021

 

 

7,632

 

2022

 

 

6,421

 

2023

 

 

5,118

 

2024

 

 

3,060

 

Subsequent to 2024

 

 

16,437

 

Total Undiscounted Cash Flows

 

$

46,152

 

Less: Imputed interest

 

 

(9,888

)

Present value

 

$

36,264

 

Current operating lease liabilities (1)

 

 

8,304

 

Non-current operating lease liabilities

 

 

27,960

 

Total lease liabilities

 

$

36,264

 

 

 

(1)

This item is included in Accrued liabilities line on the Company’s Condensed 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

 

 

4.3

%