XML 55 R39.htm IDEA: XBRL DOCUMENT v3.8.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2017
Leases [Abstract]  
Schedule of Future Payment on Sale-leaseback Financing Liability

As of December 31, 2017, future payments on the sale-leaseback financing liability are as follows (in thousands):

Fiscal Years

 

Payments

 

 

2018

 

 

406

 

 

2019

 

 

414

 

 

2020

 

 

422

 

 

2021

 

 

431

 

 

2022

 

 

439

 

 

Thereafter

 

 

4,106

 

 

Total payments

 

 

6,218

 

 

     Less amount representing interest

 

 

(1,635

)

 

Total sale-leaseback financing liability

 

 

4,583

 

 

     Less current portion of sale-leaseback financing liability included in accounts payable

      and accrued expenses

 

 

(202

)

 

Long-term portion of sale-leaseback financing liability included in other liabilities

 

$

4,381

 

 

 

Schedule of Future Minimum Payments for Capital Leases

The future minimum payments for the Indianapolis and Telford capital leases that the Company entered into as of December 31, 2017, are as follows (in thousands):

 

Fiscal Years

 

Payments

 

 

2018

 

$

759

 

 

2019

 

 

774

 

 

2020

 

 

790

 

 

2021

 

 

805

 

 

2022

 

 

821

 

 

Thereafter

 

 

5,756

 

 

Total payments

 

 

9,705

 

 

     Less amount representing interest

 

 

(1,705

)

 

Present value of future minimum lease payments

 

 

8,000

 

 

     Less current portion of capital lease obligation included in accounts payable and

      accrued expenses

 

 

(501

)

 

Long-term portion of capital lease obligation included in other liabilities

 

$

7,499

 

 

 

Schedule of Capital Lease Assets Included in Condensed Consolidated Balance Sheets

Capital lease assets included in the Consolidated Balance Sheets as part of property, plant, and equipment as of December 31, 2017, are as follows (in thousands):

 

 

 

December 31, 2017

 

 

December 31, 2016

 

 

Depreciable Life (Years)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Building and improvements, net of deferred gain

 

$

4,385

 

 

$

4,385

 

 

 

13

 

Less:  Accumulated depreciation

 

 

(534

)

 

 

(197

)

 

 

 

 

Total

 

$

3,851

 

 

$

4,188

 

 

 

 

 

 

Summary of Future Annual Minimum Rental Commitments Under Non-Cancellable Operating Lease

We lease certain facilities on a year-to-year basis. We also have future annual minimum rental commitments under noncancelable operating leases as follows:

 

(Table only in thousands)

December 31,

 

Commitment

 

2018

 

$

4,470

 

2019

 

 

3,197

 

2020

 

 

2,477

 

2021

 

 

2,228

 

2022

 

 

1,764

 

2023 and thereafter

 

 

3,128

 

 

 

$

17,264