Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Schedule of Lease Costs

The following table provides supplemental balance sheet classification information related to leases:

Leases	Balance Sheet Classification	September 30, 2019
Assets
Operating	Operating lease right-of-use-asset, net	$	5,628
Total leased assets(a)		$	5,628
Liabilities
Current Operating	Accrued expenses	$	2,077
Noncurrent Operating	Operating lease liability	3,598
Total operating lease liability(a)		$	5,675

(a) The Company has no finance lease assets or liabilities.

The following table presents the components of lease costs:

	Quarter Ended September 30,		Year to Date Ended September 30,
	2019		2019
Operating lease costs	$	620	$	1,778
Short-term lease costs	169		722
Sublease income	(99)		(147)
Net lease costs(a)(b)	$	690	$	2,353

(a) The Company has no finance lease costs.

(b) Recorded as a component of Operating income on the Company’s Condensed Consolidated Statement of Income.

The following table presents supplemental cash flow and non-cash activity related to lease information:

	Year to Date Ended September 30,
	2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases(a)	$	1,757
Right-of-use assets obtained in exchange for lease obligations
Operating leases(a)	$	576

(a) The Company has no finance leases.

The following table presents weighted average discount rate and remaining lease term:

	September 30, 2019
Weighted average discount rate (a)
Operating leases	5.88	%
Weighted average remaining lease term(a)
Operating leases	3.1 years

(a) The Company has no finance leases.

Maturity of Operating Lease Liabilities

As of September 30, 2019, the maturities of operating lease liabilities were as follows:

	September 30, 2019
Remainder of 2019	$	596
2020	2,278
2021	1,684
2022	1,079
2023	496
After 2023	57
Total lease payments	6,190
Less interest	(515)
Total operating lease liability(a)	$	5,675

(a) The Company has no finance leases.

Maturity of Operating Lease Liabilities under 840

Maturity of Operating Lease Liabilities	December 31, 2018
2019	$	2,224
2020	1,858
2021	1,357
2022	977
2023	481
After 2023	55
Total lease commitments	$	6,952