v3.19.1
LEASES (Tables)
3 Months Ended
Mar. 31, 2019
Lessee Disclosure [Abstract]  
Schedule of Lease-related Assets and Liabilities
The following table summarizes the Company’s lease-related assets and liabilities recorded on the condensed consolidated balance sheet:

 
Classification on the condensed consolidated Balance Sheet
 
As of March 31, 2019
 
Assets
         
           
Operating lease assets, net of lease incentive obligation
 
Operating lease right-of-use assets
 
$
30,839
 
Finance lease assets
 
Property, plant and equipment, net
   
2,905
 
Total lease assets
     
$
33,744
 
             
Liabilities
           
             
Operating and finance leases short term
 
Accrued expenses and other current liabilities
 
$
8,808
 
Operating leases long term
 
Operating lease liabilities
   
24,790
 
Finance leases long term
 
Other non-current liabilities
   
2,045
 
Total lease liabilities
     
$
35,643
 
             
Weighted average remaining lease term in years
           
  Operating leases
       
5.08
 
Finance leases
       
8.67
 
             
Weighted average annual discount rate
           
Operating leases
       
1.56
%
Finance leases
       
2.87
%
Schedule of Information Related to Lease Costs for Finance and Operating Leases
The following table presents certain information related to the lease costs for operating and finance leases for the three months ended March 31, 2019:

   
Three months
ended March
31, 2019
 
Finance lease cost
     
Amortization of leased assets
 
$
27
 
Interest on lease liabilities
   
16
 
         
Operating lease cost
   
2,231
 
         
Total lease cost
 
$
2,274
Schedule of Supplemental Cash Flow Information Related to Leases
The following table presents supplemental cash flow information related to the lease costs for operating and finance leases for the three months ended March 31, 2019:

   
Three months
ended March
31, 2019
 
Cash paid for amounts included in the measurement of lease liabilities
     
Operating cash flows for operating leases
 
$
2,231
Schedule of Operating and Finance lease liabilities
The following table reconciles the undiscounted cash flows for each of the first five years and total of the remaining years of the operating and finance lease liabilities recorded on the condensed consolidated balance sheets:

   
Operating
Lease
   
Finance
Leases
 
2019
 
$
6,632
   
$
156
 
2020
   
7,444
     
208
 
2021
   
6,443
     
208
 
2022
   
5,470
     
194
 
2023
   
4,732
     
194
 
Thereafter
   
4,435
     
1,620
 
Total lease payments
   
35,156
     
2,580
 
Less: amount of lease payments representing interest
   
(1,737
)
   
(356
)
Present value of future lease payments
   
33,419
     
2,224
 
Less: current obligations under leases
   
(8,629
)
   
(179
)
Long-term lease obligations
 
$
24,790
   
$
2,045