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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Components Of Lease Expense



 

 

 

 

 

 



 

 

 

 

December 31,

(Dollars in thousands)

 

 

 

 

2019

Lease cost

 

 

 

 

 

 

Finance lease cost:

 

 

 

 

 

 

Amortization of right-of-use assets

 

 

 

 

$

165 

Interest on lease liabilities

 

 

 

 

 

13 

Operating lease cost

 

 

 

 

 

31,675 

Variable lease cost

 

 

 

 

 

1,489 

Total lease cost

 

 

 

 

$

33,342 



Supplemental Cash Flow Information Related To Leases



 

 

 

 

 

 



 

 

 

 

December 31,

(Dollars in thousands)

 

 

 

 

2019

Cash flows relating to lease cost

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

Operating cash flows for finance leases

 

 

 

 

$

174 

Operating cash flows for operating leases

 

 

 

 

 

31,220 

Right-of-use assets obtained in exchange for new finance lease liabilities

 

 

 

 

 

 —

Right-of-use assets obtained in exchange for new operating lease liabilities

 

 

 

 

 

18,091 



Supplemental Balance Sheet Information Related To Leases



 

 

 

 

 

 



 

 

 

 

December 31,

(Dollars in thousands)

 

 

 

 

2019

Operating leases

 

 

 

 

 

 

Operating lease right-of-use assets

 

 

 

 

$

229,879 

Operating lease liabilities - current portion

 

 

 

 

 

20,379 

Operating lease liabilities - non-current portion

 

 

 

 

 

223,164 

Total operating lease liabilities

 

 

 

 

$

243,543 

Finance leases

 

 

 

 

 

 

Property plant and equipment, gross

 

 

 

 

 

370 

Accumulated depreciation

 

 

 

 

 

(165)

Property plant and equipment, net

 

 

 

 

$

205 

Other current liabilities

 

 

 

 

 

93 

Other long-term liabilities

 

 

 

 

 

116 

Total finance lease liabilities

 

 

 

 

$

209 



 

 

 

 

 

 

Other information

 

 

 

 

 

 

Weighted-average remaining lease term - finance leases

 

 

 

 

 

Weighted-average remaining lease term - operating leases

 

 

 

 

 

11 

Weighted-average discount rate - finance leases

 

 

 

 

 

5.13% 

Weighted-average discount rate - operating leases

 

 

 

 

 

4.86% 



Maturity Of Leases As Lessee



 

 

 

 

 

 

(Dollars in thousands)

 

Operating
leases

 

Finance
leases

2020

 

$

31,777 

 

$

101 

2021

 

 

32,243 

 

 

53 

2022

 

 

32,232 

 

 

43 

2023

 

 

31,481 

 

 

28 

2024

 

 

29,628 

 

 

 —

Thereafter

 

 

162,122 

 

 

 —

Total lease payments

 

$

319,483 

 

$

225 

Less imputed interest

 

 

(75,940)

 

 

(16)

Total

 

$

243,543 

 

$

209 



Components Of Lease Income



 

 

 

 

 

 



 

December 31,

(Dollars in thousands)

 

2019

 

2018

Components of lease income

 

 

 

 

 

 

Lease payments

 

$

9,074 

 

$

9,494 

Variable lease payments

 

 

1,087 

 

 

979 

Total lease income

 

$

10,161 

 

$

10,473 



Book Value Of Assets Under Operating Leases From Owned Assets



 

 

 

 

 

 



 

December 31,

 

December 31,

(Dollars in thousands)

 

2019

 

2018

Building and improvements

 

 

 

 

 

 

Gross balance

 

$

67,766 

 

$

67,887 

Accumulated depreciation

 

 

(20,220)

 

 

(17,709)

Net Book Value

 

$

47,546 

 

$

50,178 



Maturity Of Leases As Lessor



 

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

Operating
leases

2020

 

 

 

 

$

7,562 

2021

 

 

 

 

 

7,118 

2022

 

 

 

 

 

6,324 

2023

 

 

 

 

 

5,509 

2024

 

 

 

 

 

4,524 

Thereafter

 

 

 

 

 

6,141 

Total

 

 

 

 

$

37,178