Note 18 - Leases

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Lessee, Operating Leases [Text Block]

18. LEASES

We have operating and finance leases for service centers, corporate offices and certain equipment. Our leases have remaining lease terms of 1 year to 10 years, some of which include options to extend the leases for up to 3-5 years, and some of which include options to terminate the leases within 1 year.

The components of lease expense were as follows:

	Year ended December 31, 2019
Operating lease cost	$	30,752
Finance lease cost:
Amortization of right-of-use assets	$	1,990
Interest on lease liabilities	$	89
Total Finance lease cost	$	2,079

Supplemental cash flow information related to leases was as follows:

	Year ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		30,518
Operating cash flow from finance leases		89
Financing cash flows from finance leases		2,359
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		73,692
Finance leases		1,400

Supplemental balance sheet information related to leases was as follows:

	As of December 31, 2019
Operating leases
Operating lease right-of-use assets		73,692
Operating lease liabilities current		19,677
Operating lease liabilities non-current		54,341
Total operating lease liabilities		74,018
Finance Leases
Property and equipment, at cost		4,391
Accumulated depreciation		(1,984	)
Property and equipment, at net		2,407
Finance lease current liabilities		632
Other long-term liabilities		1,353
Total finance lease liabilities		1,985
Weighted average remaining lease term
Operating leases		4.66 yrs
Finance leases		1.92 yrs
Weighted average discount rate
Operating leases		7.3	%
Finance leases		6.0	%

Maturities of lease liabilities were as follows:

	Operating Leases			Finance Leases
Year ending December 31,
2020		24,058			1,144
2021		15,309			593
2022		12,157			434
2023		9,620			-
2024		8,613			-
Thereafter		8,681			-
Total Lease payments		78,438			2,171
Less imputed interest		(4,420	)		(186	)
Total		74,018			1,985