Leases (Tables)
|
12 Months Ended |
Dec. 31, 2020 |
|---|
| Leases [Abstract] |
|
| Schedule of ROU Assets and Liabilities |
The following is a summary of the Company's ROU assets and liabilities at December 31:
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
2020 |
2019 |
|
|
| Operating Leases: |
|
|
|
|
| Operating Right-of-Use Assets, Gross |
$ |
28,678 |
|
$ |
28,788 |
|
|
|
| Less Accumulated Right-of-Use Asset Impairment |
1,710 |
|
1,019 |
|
|
|
| Less Accumulated Amortization |
8,015 |
|
4,167 |
|
|
|
| Operating Right-of-Use Assets, Net |
$ |
18,953 |
|
$ |
23,602 |
|
|
|
| Short-term Operating Lease Liabilities |
$ |
4,998 |
|
$ |
4,517 |
|
|
|
| Long-term Operating Lease Liabilities |
16,637 |
|
21,039 |
|
|
|
| Operating Lease Liabilities |
$ |
21,635 |
|
$ |
25,556 |
|
|
|
|
|
|
|
|
| Finance Leases: |
|
|
|
|
| Finance Right-of-Use Assets, Gross |
$ |
3,484 |
|
$ |
3,484 |
|
|
|
| Less Accumulated Amortization |
2,039 |
|
1,020 |
|
|
|
| Finance Right-of-Use Assets, Net — Included in Other Assets |
$ |
1,445 |
|
$ |
2,464 |
|
|
|
Short-term Finance Lease Liabilities — Included in Other Accrued Expenses |
$ |
2,081 |
|
$ |
1,922 |
|
|
|
| Long-term Finance Lease Liabilities — Included in Other Liabilities |
734 |
|
2,815 |
|
|
|
| Finance Lease Liabilities |
$ |
2,815 |
|
$ |
4,737 |
|
|
|
|
| Summary of Lease Costs and Cash Paid |
The following is a summary of the Company's total lease costs as of December 31:
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
2020 |
2019 |
| Finance Lease Cost: |
|
|
|
| Amortization of ROU Assets |
|
$ |
1,020 |
|
$ |
1,020 |
|
| Interest on Lease Liabilities |
|
214 |
314 |
| Total Finance Lease Cost |
|
1,234 |
|
1,334 |
|
| Operating Lease Cost |
|
5,292 |
5,050 |
| Impairment Charge of Operating Lease ROU Asset |
|
691 |
1,019 |
| Variable Lease Cost |
|
1,358 |
1,236 |
| Short-term Lease Cost (excluding month-to-month) |
|
175 |
223 |
| Less Sublease and Rental (Income) Expense |
|
(1,437) |
|
(630) |
|
| Total Operating Lease Cost |
|
6,079 |
|
6,898 |
|
| Total Net Lease Cost |
|
$ |
7,313 |
|
$ |
8,232 |
|
The following is a summary of cash paid for amounts included in the measurement of lease liabilities as of December 31:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
2020 |
2019 |
|
|
| Operating Cash Flow for Finance Leases |
|
$ |
214 |
|
$ |
314 |
|
|
|
| Operating Cash Flow for Operating Leases |
|
$ |
5,334 |
|
$ |
4,718 |
|
|
|
| Financing Cash Flow for Finance Leases |
|
$ |
1,922 |
|
$ |
1,746 |
|
|
|
|
| Summary of Maturity of Lease Liabilities, Operating Leases |
The following is a summary of the Company's maturity of lease liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
Operating Leases |
|
Financing Leases |
| 2021 |
|
$ |
5,635 |
|
|
$ |
2,181 |
|
| 2022 |
|
5,167 |
|
|
747 |
|
| 2023 |
|
3,795 |
|
|
— |
|
| 2024 |
|
2,855 |
|
|
— |
|
| 2025 |
|
2,806 |
|
|
— |
|
| Thereafter |
|
3,430 |
|
|
— |
|
| Total Lease Payments |
|
$ |
23,688 |
|
|
$ |
2,928 |
|
| Less: Interest |
|
2,053 |
|
|
113 |
|
| Total Lease Liability |
|
$ |
21,635 |
|
|
$ |
2,815 |
|
|
| Summary of Maturity of Lease Liabilities, Financing Leases |
The following is a summary of the Company's maturity of lease liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
Operating Leases |
|
Financing Leases |
| 2021 |
|
$ |
5,635 |
|
|
$ |
2,181 |
|
| 2022 |
|
5,167 |
|
|
747 |
|
| 2023 |
|
3,795 |
|
|
— |
|
| 2024 |
|
2,855 |
|
|
— |
|
| 2025 |
|
2,806 |
|
|
— |
|
| Thereafter |
|
3,430 |
|
|
— |
|
| Total Lease Payments |
|
$ |
23,688 |
|
|
$ |
2,928 |
|
| Less: Interest |
|
2,053 |
|
|
113 |
|
| Total Lease Liability |
|
$ |
21,635 |
|
|
$ |
2,815 |
|
|