Leases (Tables)

9 Months Ended

Sep. 30, 2019

The cost components of our operating leases were as follows for the three and nine months ended September 30, 2019:

	Three months ended September 30, 2019		Nine months ended September 30, 2019
	(In Thousands)
Operating lease cost	$	809	$	2371
Variable cost		111		527
Short-term lease cost		230		757
Total	$	1,150	$	3,655

The table below summarizes other information related to our operating leases:

	Nine months ended September 30, 2019
	(Dollars in Thousands)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	2,576
Initial recognition of right of use asset		11,244
Initial recognition of lease liabilities		11,733
Weighted average remaining lease term - operating leases, in years		3.25
Weighted average discount rate - operating leases		5.9	%

As of September 30, 2019, lease liability information for the Company is summarized in the following table.

Maturity analysis	Operating leases
	(In Thousands)
One year or less	$	3,381
More than one year through two years		2,534
More than two years through three years		1,843
More than three years through four years		1,412
More than four years through five years		945
More than five years		916
Total lease payments		11,031
Present value discount		(1,611	)
Lease liability	$	9,420