Schedule of Lease Expenses |
The components of lease expense were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | | | Six Months Ended June 30, | | | | 2020 | | 2019 | | 2020 | | 2019 | Operating lease cost | $ | 2,075 | | | $ | 1,960 | | | $ | 4,234 | | | $ | 4,171 | | Short-term lease cost | $ | 3,745 | | | $ | 3,269 | | | $ | 7,026 | | | $ | 8,012 | | | | | | | | | | Finance lease cost: | | | | | | | | Amortization of right-of-use assets | $ | 49 | | | $ | 39 | | | $ | 105 | | | $ | 71 | | Interest on lease liabilities | 7 | | | 1 | | | 15 | | | 3 | | Total finance lease cost | $ | 56 | | | $ | 40 | | | $ | 120 | | | $ | 74 | |
Supplemental cash flow information related to leases was as follows: | | | | | | | | | | | | | Six Months Ended June 30, | | | | 2020 | | 2019 | Cash paid for amounts included in the measurement of lease liabilities: | | | | Operating cash flows from operating leases | $ | 4,336 | | | $ | 4,466 | | Operating cash flows from finance leases | $ | 15 | | | $ | 3 | | Financing cash flows from finance leases | $ | 105 | | | $ | 71 | | | | | | Right-of-use assets obtained in exchange for lease obligations (noncash): | | | | Operating leases | $ | 5,633 | | | $ | 6,311 | | Finance leases | $ | — | | | $ | 770 | |
Supplemental balance sheet information related to leases was as follows: | | | | | | | | | | | | | June 30, 2020 | | December 31, 2019 | Operating Leases | | | | Operating lease right-of-use assets | $ | 17,076 | | | $ | 13,979 | | | | | | Current portion of long-term lease obligations | $ | 7,423 | | | $ | 7,095 | | Long-term lease obligations | 9,733 | | | 6,976 | | Total operating lease liabilities | $ | 17,156 | | | $ | 14,071 | | | | | | Finance Leases | | | | Property and equipment, at cost | $ | 1,479 | | | $ | 1,479 | | Accumulated depreciation | (592) | | | (482) | | Property and equipment, net | $ | 887 | | | $ | 997 | | | | | | Current maturities of long-term debt | $ | 195 | | | $ | 204 | | Long-term debt | 464 | | | 560 | | Total finance lease liabilities | $ | 659 | | | $ | 764 | | | | | | Weighted Average Remaining Lease Term | | | | Operating leases | 3.4 | | 2.5 | Finance leases | 3.7 | | 4.0 | | | | | Weighted Average Discount Rate | | | | Operating leases | 5.8 | % | | 6.0 | % | Finance leases | 4.2 | % | | 4.2 | % |
|
Maturities of Lease Liabilities, Operating Leases |
Maturities of lease liabilities are as follows: | | | | | | | | | | | | | Operating Leases | | Finance Leases | Year Ending December 31, | | | | 2020 (excluding the six months ended June 30, 2020) | $ | 3,662 | | | $ | 112 | | 2021 | 6,294 | | | 208 | | 2022 | 4,300 | | | 161 | | 2023 | 2,767 | | | 154 | | 2024 | 806 | | | 77 | | Thereafter | 1,438 | | | — | | Total lease payments | $ | 19,267 | | | $ | 712 | | Less imputed interest | (2,111) | | | (53) | | Total | $ | 17,156 | | | $ | 659 | |
|
Maturities of Lease Liabilities, Finance Leases |
Maturities of lease liabilities are as follows: | | | | | | | | | | | | | Operating Leases | | Finance Leases | Year Ending December 31, | | | | 2020 (excluding the six months ended June 30, 2020) | $ | 3,662 | | | $ | 112 | | 2021 | 6,294 | | | 208 | | 2022 | 4,300 | | | 161 | | 2023 | 2,767 | | | 154 | | 2024 | 806 | | | 77 | | Thereafter | 1,438 | | | — | | Total lease payments | $ | 19,267 | | | $ | 712 | | Less imputed interest | (2,111) | | | (53) | | Total | $ | 17,156 | | | $ | 659 | |
|