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Leases
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Leases

7.  LEASES

 

We have operating leases primarily consisting of offices and lab space, machinery and equipment and vehicles.

The components of lease expense are as follows (in thousands):

 

 

For the Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

 

 

 

 

 

 

 

 

Operating lease expense

 

$

17,848

 

 

$

18,639

 

Short-term lease expense

 

 

1,801

 

 

 

1,228

 

Variable lease expense

 

 

1,442

 

 

 

920

 

Total lease expense

 

$

21,091

 

 

$

20,787

 

 

 

 

 

 

 

 

 

 

Other Information:

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

17,049

 

 

$

18,195

 

Right-of-use assets obtained in exchange for new lease obligations:

 

 

 

 

 

 

 

 

Operating leases

 

$

5,654

 

 

 

11,688

 

Weighted-average remaining lease term - operating leases

 

8.69 years

 

 

9.07 years

 

Weighted-average discount rate - operating leases

 

 

4.70

%

 

 

4.94

%

Scheduled undiscounted lease payments for non-cancellable leases consist of the following (in thousands):

 

 

December 31, 2020

 

2021

 

$

13,769

 

2022

 

 

12,062

 

2023

 

 

10,301

 

2024

 

 

8,123

 

2025

 

 

7,040

 

Thereafter

 

 

31,156

 

Total undiscounted lease payments

 

$

82,451

 

Less: Imputed interest

 

 

(14,906

)

Total lease liabilities

 

$

67,545

 

 

During the year ended December 31, 2020, the Company recorded a net loss on lease abandonment of $0.5 million, for certain properties that ceased in use and are expected to provide no future economic benefits.