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Note 13 - Leases

9 Months Ended

Sep. 30, 2020

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:

	*Three Months Ended September 30, 2020*		*Three Months Ended September 30, 2019*		*Nine Months Ended September 30, 2020*		*Nine Months Ended September 30, 2019*

Operating lease cost		6,920		7,623		21,290		23,064

Finance lease cost:
Amortization of right-of-use assets		166		272		834		1,257
Interest on lease liabilities		18		28		92		71
Total Finance lease cost		184		300		926		1,328

Supplemental cash flow information related to leases was as follows:

	*Nine Months Ended September 30, 2020*		*Nine Months Ended September 30, 2019*
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		21,040		22,783
Operating cash flow from finance leases		92		71
Financing cash flows from finance leases		926		1,831

Right-of-use assets obtained in exchange for lease obligations:
Operating leases		17,393		66,647
Finance leases		-		-

Supplemental balance sheet information related to leases was as follows:

	*As of September 30, 2020*			*As of December 31, 2019*
Operating leases
Operating lease right-of-use assets		70,256			73,692
	-			-
Operating lease liabilities - Current		18,649			19,677
Operating lease liabilities - Non-current		52,854			54,341
Total operating lease liabilities		71,503			74,018

Finance Leases
Property and equipment, at cost		5,174			4,391
Accumulated depreciation		(3,610	)		(1,984	)
Property and equipment, at net		1,564			2,407
	-			-
Finance lease liabilities - Current		566			632
Finance lease liabilities - Non-current		554			1,353
Total finance lease liabilities		1,120			1,985

Weighted average remaining lease term	*As of September 30, 2020*			*As of December 31, 2019*
Operating leases	4.38 yrs			4.66 yrs
Finance leases	1.17 yrs			1.92 yrs

Weighted average discount rate
Operating leases		6.78	%		7.27	%
Finance leases		6.01	%		6.01	%

Maturities of lease liabilities were as follows:

	*Operating Leases*			*Finance Leases*
Year ending December 31,
Remaining 2020		22,720			201
2021		15,158			567
2022		13,558			442
2023		11,863			-
2024		7,748			-
Thereafter		4,473			-
Total Lease payments		75,520			1,210
Less imputed interest		(4,017	)		(90	)
Total		71,503			1,120