Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.19.2
Leases (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Components of Lease Expense and Supplemental Cash Flow Information
The components of lease expense were as follows (in thousands):
 
Three Months Ended June 30, 2019
 
Six Months Ended June 30, 2019
Operating lease cost (a)
$
120

 
251

Operating lease cost (b)
975

 
1,971

Total operating lease cost
$
1,095

 
2,222

 
(a)        Amount is included in Cost of services in the unaudited condensed consolidated statements of operations.
(b)        Amount is included in Selling, general and administrative, including stock-based and long-term incentive compensation in the unaudited condensed consolidated statements of operations.

Remaining Lease Term and Discount Rate

The following table presents the weighted-average remaining lease term and the weighted-average discount rate:
 
As of June 30, 2019
Weighted-average remaining lease term for operating leases (in years)
10.1

Weighted-average discount rate for operating leases
11.8
%

Supplemental Cash Flow Information

The following is the supplemental cash flow information associated with the Company's leases (in thousands):
 
Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
 
Operating cash flows from operating leases
2,132

Maturities of Lease Liabilities
As of June 30, 2019, maturities of lease liabilities were as follows:
Remainder of 2019
$
1,749

2020
3,923

2021
3,195

2022
3,069

2023
3,087

Thereafter
20,329

Total lease payments
$
35,352

Less: Interest
(15,240
)
Total lease obligations
$
20,112

Disclosures Related to Periods Prior to Adoption of ASU 2016-02
Minimum lease commitments as of December 31, 2018 that have initial or remaining noncancelable lease terms in excess of one year are as follows (in thousands):
Year Ended December 31:
 
2019
$
4,628

2020
4,207

2021
3,093

2022
3,068

2023
3,087

Thereafter
20,329

Minimum lease commitments
$
38,412