Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.20.4
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