Leases

9 Months Ended

Sep. 30, 2019

Note 11. Leases

We have operating leases primarily for (i) office space, (ii) manufacturing, warehouse and research and development facilities and (iii) vehicles. Our leases have remaining lease terms up to 12 years, some of which include options to extend the leases, and some of which include options to terminate the leases at our sole discretion. The components of operating lease assets, liabilities and costs are as follows (in thousands):



Operating Lease Assets and Liabilities	September 30, 2019
Assets
Operating lease right-of-use assets	$	54,283

Liabilities
Accrued liabilities and other	$	10,565
Long-term operating lease liabilities	44,724
Total lease liabilities	$	55,289



Operating Lease Cost	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Operating lease cost	$	3,391	$	10,600
Variable lease cost	225		651
Short-term lease cost	258		538
Total lease cost	$	3,874	$	11,789

Contractual maturities of our lease liabilities as of September 30, 2019, are as follows (in thousands):



Remaining 2019	$	2,728
2020	11,309
2021	9,411
2022	8,263
2023	6,913
Thereafter	21,866
Total lease payments	60,490
Less: Amount representing interest	5,201
Present value of lease liabilities	$	55,289



Lease Term and Discount Rate	September 30, 2019
Weighted Average Remaining Lease Term (in years)	7.3
Weighted Average Discount Rate	2.3	%



Other Information (in thousands)	Nine Months Ended September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	10,111

Operating lease assets obtained in exchange for lease liabilities	$	5,403

Disclosures Related to Periods Prior to Adoption of Topic 842

On January 1, 2019, we adopted Topic 842 using the modified retrospective adoption approach, as noted in “Note 1. Unaudited Condensed Consolidated Financial Statements.” As required and as previously disclosed in our 2018 Form 10-K, the following table summarizes our future minimum operating lease payments as of December 31, 2018 (in thousands):



Less than one year	$	11,986
One to three years	21,031
Three to five years	14,998
Thereafter	20,943
Total	$	68,958