XML 24 R22.htm IDEA: XBRL DOCUMENT v3.20.1
Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Components of Lease Expense, Lease Term and Discount Rate
The components of lease expense, lease term and discount rate are as follows (in thousands):
 
 
Three Months
Ended March 31, 2020
 
Three Months
Ended March 31, 2019
Operating lease cost
 
$
1,101

 
$
1,266

Short-term lease cost
 
17

 
21

Variable lease cost
 
194

 
43

Sublease income
 
(18
)
 
(17
)
Total lease cost
 
$
1,294

 
$
1,313

Weighted Average Remaining Lease Term and Weighted Average Discount Rate
As of March 31, 2020, the weighted average remaining lease term and weighted average discount rate for the Company's operating leases were as follows:
 
 
Operating Leases
Weighted Average Remaining Lease Term
 
3.3 years

Weighted Average Discount Rate
 
3.8
%
Maturity of Lease Liabilities
The following is a schedule, by years, of maturities of lease liabilities as of March 31, 2020 (in thousands):
 
 
Operating Leases
The remainder of 2020
 
$
3,998

2021
 
3,342

2022
 
1,549

2023
 
1,065

2024
 
509

Thereafter
 
282

Total undiscounted cash flows
 
10,745

Less imputed interest
 
(602
)
Present value of lease liabilities
 
$
10,143

Supplemental Cash Flow Information
Supplemental cash flow information related to the Company's operating leases are as follows (in thousands):
 
Three Months
Ended March 31, 2020
Non-cash activity:
 
Right-of-use assets obtained in exchange for operating lease obligations
$

Operating cash flows:
 
Cash paid for amounts included in the measurement of lease liabilities
$
1,070