Rental and Lease Information

12 Months Ended

Dec. 31, 2018

Leases [Abstract]

Rental and Lease Information

Rental and Lease Information

The Company has capital and operating leases for certain plant facilities, office facilities, and equipment. Rental expense for the years ended December 31, 2018 and 2017 was $4,825 and $5,278, respectively. Generally, land and building leases include escalation clauses.

The following is a schedule, by year, of the future minimum payments under capital and operating leases, together with the present value of the net minimum payments as of December 31, 2018:

	Capital		Operating
Year ending December 31,	Leases		Leases
2019	$	666	$	3,226
2020	325		2,894
2021	19		1,960
2022	—		1,585
2023	—		1,277
2024 and thereafter	—		4,302
Total minimum lease payments	1,010		$	15,244
Less: amount representing interest	(36)
Total present value of minimum payments with interest rates ranging from 2.95% to 4.25%	$	974

Assets recorded under capital leases were as follows for the years ended December 31, 2018 and 2017:

	December 31,
	2018		2017
Machinery and equipment at cost	$	3,274	$	3,164
Less: accumulated amortization	(1,503)		(1,066)
Net capital lease assets	$	1,771	$	2,098