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LEASES
9 Months Ended
Sep. 30, 2020
LEASES  
LEASES

14.    LEASES

The Company has operating leases for office space, manufacturing equipment, computer equipment and automobiles. Many leases include one or more options to renew, some of which include options to extend the leases for a long-term period, and some leases include options to terminate the leases within 30 days. In certain of the Company’s lease agreements, the rental payments are adjusted periodically to reflect actual charges incurred for capital area maintenance, utilities, inflation and/or changes in other indexes.

Short term and variable lease expense were not material in any of the periods presented.

Supplemental cash flow information related to the Company’s operating leases for the nine-month periods ended September 30, 2020 and 2019 was as follows (in thousands):

Nine months ended

September 30, 

2020

2019

Cash paid for amounts included in the measurement of operating leases

    

$

3,341

    

$

3,101

  

ROU assets obtained in exchange for operating lease obligations

$

2,395

$

260

ROU assets recorded upon adoption of ASC 842

$

$

20,344

ROU assets obtained in acquisitions (Note 2)

$

2,735

$

The following table presents the maturity of the Company’s operating lease liabilities as of September 30, 2020 (in thousands):

2020 (remaining 3 months)

    

$

1,214

2021

 

4,334

2022

 

3,413

2023

 

2,684

2024

 

2,140

2025

1,990

Thereafter

 

4,403

Total undiscounted cash flows

$

20,178

Less: present value discount

(1,410)

Total lease liabilities

$

18,768

As of September 30, 2020, the Company had no additional significant operating or finance leases that had not yet commenced.