LEASES (Tables)

12 Months Ended

Dec. 31, 2019

LEASES

Schedule of components of operating lease expense

For the year ended December 31, 2019, the components of operating lease expense were as follows (in thousands):

	December 31, 2019
Fixed operating lease expense	$	4,018
Variable operating lease expense		733
	$	4,751

Schedule of supplemental cash flow information related to the operating leases

Supplemental cash flow information related to the Company’s operating leases for the year ended December 31, 2019 was as follows (in thousands):

Cash paid for amounts included in the measurement of operating leases	$	4,886
ROU assets obtained in exchange for operating lease obligations	$	20,717

Schedule of Lease assets and liabilities and other quantitative information

The following table presents the lease balances within the consolidated balance sheet, weighted average remaining lease term, and weighted average discount rates related to the Company’s operating leases as of December 31, 2019 (in thousands except for the weighted average remaining lease term and weighted average discount rate):

Lease assets and liabilities	Classification		Amount
Assets:
Right of use asset		Other long-term assets	$	16,420
Liabilities:
Current
Right of use liability, current		Accrued liabilities	$	3,203
Long-term
Right of use liability, long-term		Other long-term liabilities		13,715
Total ROU lease liabilities			$	16,918
Weighted average remaining lease term				8.27
Weighted average discount rate				2.91	%

Schedule of maturity of the operating lease liabilities

The following table presents the maturity of the Company’s operating lease liabilities as of December 31, 2019 (in thousands):

2020	$	3,635
2021		2,935
2022		2,328
2023		2,065
2024		1,641
Thereafter		6,087
Total undiscounted cash flows		18,691
Less: present value discount		(1,773)
Total lease liabilities	$	16,918