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Leases
 12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
LEASES LEASES
Leases
 
The Company leases office space and equipment under various operating and capital leases, which generally are expected to be renewed or replaced by other leases. As of December 31, 2019, the components of lease cost were as follows:

Components of Lease Cost
Twelve Months Ended   December 31,
(in thousands)2019
Finance lease cost:
Amortization of right-of-use assets$125  
Interest on lease liabilities10  
Operating lease cost4,457  
Short-term lease cost594  
Variable lease cost464  
Total lease cost$5,650  


As of December 31, 2019, future minimum lease payments under these non-cancelable leases are:
Future Minimum Lease Payments
December 31, 2019
  
(in thousands)
Operating
Leases
Finance Leases
2020$4,305  $97  
20212,718  83  
20222,051  45  
20231,459  22  
2024941  19  
Thereafter2,587  14  
Total minimum lease payments$14,061  $280  
Less imputed interest(1,100) (16) 
Total lease liabilities$12,961  $264  
   
As of December 31, 2018, prior to the adoption of ASU 2016-02, the approximate future minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year were:
December 31, 2018
  
(in thousands)
Operating
Leases
Capital Leases
2019$3,310  $125  
20202,453  97  
20211,308  62  
2022743  24  
2023419  1  
Thereafter79  —  
Total minimum lease payments$8,312  $309  
Less imputed interest—  (11) 
Total lease liabilities$8,312  $298  

Rental expense for operating leases was $5,515,000 for 2019, $5,087,000 for 2018, and $4,788,000 for 2017.

Future Lease Commencements

As of December 31, 2019, we have additional operating leases, that have not yet commenced in the amount of $116,000. These operating leases will commence in fiscal year 2020.

Supplemental balance sheet information related to leases was as follows:
Operating Leases
(in thousands)December 31, 2019
Other non-current assets
$12,858  
Accrued liabilities3,972  
Other long-term liabilities8,989  
Total operating lease liabilities$12,961  


Finance Leases
(in thousands)December 31, 2019
Property, plant and equipment, gross$524  
Accumulated Depreciation(265) 
Property, plant and equipment, net$259  
Current maturities of long-term debt and finance lease obligations$90  
Long-term debt and finance lease obligations, net of current maturities174  
Total finance lease liabilities$264  
Weighted Average Remaining Lease Term
Operating leases5.10 years
Finance leases3.47 years
Weighted Average Discount Rate
Operating leases3.29 %
Finance leases3.39 %
Supplemental Cash Flow information related to leases was as follows:
Twelve Months Ended December 31,
(in thousands)2019
Cash paid for amounts included in the measurement of lease liabilities:
     Operating cash flows from finance leases$10  
     Operating cash flows from operating leases 4,507  
     Financing cash flows from finance leases122  
LEASES LEASES
Leases
 
The Company leases office space and equipment under various operating and capital leases, which generally are expected to be renewed or replaced by other leases. As of December 31, 2019, the components of lease cost were as follows:

Components of Lease Cost
Twelve Months Ended   December 31,
(in thousands)2019
Finance lease cost:
Amortization of right-of-use assets$125  
Interest on lease liabilities10  
Operating lease cost4,457  
Short-term lease cost594  
Variable lease cost464  
Total lease cost$5,650  


As of December 31, 2019, future minimum lease payments under these non-cancelable leases are:
Future Minimum Lease Payments
December 31, 2019
  
(in thousands)
Operating
Leases
Finance Leases
2020$4,305  $97  
20212,718  83  
20222,051  45  
20231,459  22  
2024941  19  
Thereafter2,587  14  
Total minimum lease payments$14,061  $280  
Less imputed interest(1,100) (16) 
Total lease liabilities$12,961  $264  
   
As of December 31, 2018, prior to the adoption of ASU 2016-02, the approximate future minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year were:
December 31, 2018
  
(in thousands)
Operating
Leases
Capital Leases
2019$3,310  $125  
20202,453  97  
20211,308  62  
2022743  24  
2023419  1  
Thereafter79  —  
Total minimum lease payments$8,312  $309  
Less imputed interest—  (11) 
Total lease liabilities$8,312  $298  

Rental expense for operating leases was $5,515,000 for 2019, $5,087,000 for 2018, and $4,788,000 for 2017.

Future Lease Commencements

As of December 31, 2019, we have additional operating leases, that have not yet commenced in the amount of $116,000. These operating leases will commence in fiscal year 2020.

Supplemental balance sheet information related to leases was as follows:
Operating Leases
(in thousands)December 31, 2019
Other non-current assets
$12,858  
Accrued liabilities3,972  
Other long-term liabilities8,989  
Total operating lease liabilities$12,961  


Finance Leases
(in thousands)December 31, 2019
Property, plant and equipment, gross$524  
Accumulated Depreciation(265) 
Property, plant and equipment, net$259  
Current maturities of long-term debt and finance lease obligations$90  
Long-term debt and finance lease obligations, net of current maturities174  
Total finance lease liabilities$264  
Weighted Average Remaining Lease Term
Operating leases5.10 years
Finance leases3.47 years
Weighted Average Discount Rate
Operating leases3.29 %
Finance leases3.39 %
Supplemental Cash Flow information related to leases was as follows:
Twelve Months Ended December 31,
(in thousands)2019
Cash paid for amounts included in the measurement of lease liabilities:
     Operating cash flows from finance leases$10  
     Operating cash flows from operating leases 4,507  
     Financing cash flows from finance leases122