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Leases (Tables)
9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Schedule of Lease Cost and Other Information

 

(In thousands)

Three months ended

September 30, 2020

 

 

Nine months ended

September 30, 2020

 

Lease Cost

 

 

 

 

 

 

 

Operating lease cost

$

3,101

 

 

$

8,583

 

Short-term lease cost

 

1,105

 

 

 

3,488

 

Variable lease cost

 

203

 

 

 

802

 

Total lease cost

$

4,409

 

 

$

12,873

 

Other Information

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

Operating cash flow from operating leases

$

3,124

 

 

$

8,658

 

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

 

3,666

 

 

 

5,160

 

 

Schedule of Lease Liability Payments

 

 

 

 

 

 

(In thousands)

 

 

 

 

Undiscounted Cash Flows:

 

 

 

 

2020 (excluding the nine months ended September 30, 2020)

 

$

3,072

 

2021

 

 

10,666

 

2022

 

 

8,641

 

2023

 

 

6,091

 

2024

 

 

3,602

 

Subsequent to 2024

 

 

17,117

 

Total Undiscounted Cash Flows

 

$

49,189

 

Less: Imputed interest

 

 

(9,761

)

Present value

 

$

39,428

 

Current operating lease liabilities (1)

 

 

9,938

 

Non-current operating lease liabilities

 

 

29,490

 

Total lease liabilities

 

$

39,428

 

 

 

(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

 

8 Years

Weighted-average discount rate-operating leases

 

4.0%