Annual report pursuant to Section 13 and 15(d)

Operating Leases (Tables)

v3.19.3.a.u2
Operating Leases (Tables)
12 Months Ended
Dec. 31, 2019
Operating leases  
Schedule of lease cost

The following table shows the lease costs for the year ended December 31, 2019 (in thousands):

Year ended

December 31, 

2019

Lease cost:

Operating lease cost

$

4,017

Short-term lease cost

 

319

$

4,336

Year ended

December 31, 

2019

Other information:

Operating cash flows from operating leases (in thousands)

$

4,063

December 31, 

2019

Weighted-average remaining lease term - operating leases

7.3 years

Weighted-average discount rate - operating leases

7.2%

Schedule of maturities of operating lease liabilities

The maturities of operating lease liabilities as of December 31, 2019 are as follows (in thousands):

     

Operating leases

     

2020

 

$

4,191

 

2021

 

4,234

2022

 

4,237

2023

 

4,004

2024

 

3,936

after 2024

 

12,748

Total lease payments

33,350

Less: Imputed interest

(7,890)

Present value of lease liability

$

25,460