Leases (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Lease Assets and Liabilities

The following table presents the lease balances within the Condensed Consolidated Balance Sheet as of September 30, 2020:

(in thousands)	Classification on the Balance Sheet	September 30, 2020			December 31, 2019
Assets
Operating lease assets	Operating lease right-of-use assets	$	36,485		$	39,380
Finance lease assets	Property, plant and equipment, net	4,880			6,789
Liabilities
Current
Operating lease liabilities	Current maturities of operating leases	9,080			12,038
Accrued expenses	Current maturities of finance leases	2,343			2,743
Long-term
Operating lease liabilities	Operating lease liabilities	28,225			27,665
Other long-term liabilities	Finance lease liabilities	$	2,538		$	4,046
Weighted average remaining lease term
Operating leases		5.6 years			5.6 years
Finance leases		2.6 years			2.6 years
Weighted average discount rate
Operating leases		6.4		%	6.3		%
Finance leases		4.3		%	3.0		%

Lease Liability Maturity

The following table reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under noncancelable operating leases with terms of more than one year to the total operating lease liabilities recognized on our Condensed Consolidated Balance Sheet as of September 30, 2020:

(in thousands)	Operating		Finance
October 1, 2020 through December 31, 2020	$	3,154	$	731
2021	7,737		2,242
2022	6,777		1,218
2023	5,996		620
2024	4,788		277
Thereafter	17,384		1
Total undiscounted future minimum lease payments	45,836		5,089
Less: Difference between lease payments and discounted lease liabilities	8,531		208
Total lease liabilities	$	37,305	$	4,881

Lease Liability Maturity

The following table reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under noncancelable operating leases with terms of more than one year to the total operating lease liabilities recognized on our Condensed Consolidated Balance Sheet as of September 30, 2020:

(in thousands)	Operating		Finance
October 1, 2020 through December 31, 2020	$	3,154	$	731
2021	7,737		2,242
2022	6,777		1,218
2023	5,996		620
2024	4,788		277
Thereafter	17,384		1
Total undiscounted future minimum lease payments	45,836		5,089
Less: Difference between lease payments and discounted lease liabilities	8,531		208
Total lease liabilities	$	37,305	$	4,881

Lease Cash Flows

Supplemental cash flow information is as follows:

(in thousands)	For the nine months ended September 30,
	2020		2019
Operating cash out flows from operating leases	$	13,596	$	15,664
Operating cash out flows from finance leases	149		306
Financing cash out flows from finance leases	2,009		2,165
Total	$	15,754	$	18,135