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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Lease Payments for Operating Leases
The following table includes future minimum lease payments under capital leases together with the present value of the net future minimum lease payments as of December 31, 2018:
(Dollars in thousands)
 
 
Year Ending December 31,
 
 
2019
 
$
543

2020
 
525

2021
 
4,276

2022
 

2023
 

Thereafter
 

Total
 
5,344

Less: Interest
 
(295
)
Present Value of Net Future Minimum Lease Payments
 
$
5,049

Schedule of Future Minimum Lease Payments for Capital Leases
The following table includes future minimum lease payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2018:
(Dollars in thousands)
 
 
Year Ending December 31,
 
 
2019
 
$
3,951

2020
 
3,052

2021
 
2,216

2022
 
1,507

2023
 
491

Thereafter
 

Total
 
$
11,217

Operating and capital leases
The following table includes lease expense for each of the three years ended December 31, 2018:
 
For the Year Ended December 31,
(Dollars in thousands)
2018
 
2017
 
2016
Operating Leases
$
3,850

 
$
3,819

 
$
3,567

Capital Leases
$
472

 
$
608

 
$
564

Schedule of Liability for Unpaid Claims and Claims Adjustment Expense
The following table summarizes the change in number of asbestos claims outstanding during 2018 and 2017:
 
2018
 
2017
Claims outstanding at beginning of year
687

 
605

New claims filed
275

 
362

Pending claims concluded*
(217
)
 
(280
)
Claims outstanding at end of year
745

 
687

* For the year ended December 31, 2018, 192 claims were dismissed and 25 claims were settled. For the year ended December 31, 2017, 258 claims were dismissed and 22 claims were settled. Settlements totaled approximately $7.1 million for the year ended December 31, 2018, compared to $5.0 million for the year ended December 31, 2017.
Schedule of Loss Contingencies by Contingency
For the years ended December 31, 2018 and 2017, our projected asbestos-related claims and insurance receivables were as follows:
(Dollars in millions)
2018
 
2017
Asbestos-related claims
$
70.3

 
$
76.2

Asbestos-related insurance receivables
$
63.8

 
$
69.2