Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.4
Leases (Tables)
 9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Schedule of Financing and Operating Leases

The table below presents the lease-related assets and liabilities recorded in the Condensed Consolidated Balance Sheet:

 

    Classification on the Balance Sheet   September 30, 2020  
        (unaudited)  
Assets          
Financing lease assets   Property and equipment, net   $ 470  
Operating lease assets   Operating lease right of use assets     4,758  
Total lease assets       $ 5,228  
             
Liabilities            
Current            
Financing lease liabilities   Other accrued expenses   $ 134  
Operating lease liabilities   Other accrued expenses     1,110  
Total current lease liabilities       $ 1,244  
Noncurrent            
Financing lease liabilities   Other long-term liabilities     33  
Operating lease liabilities   Operating lease liabilities, net of current portion     3,746  
Total long-term lease liabilities         3,779  
Total lease liabilities       $ 5,023  

Schedule of Maturities of Operating and Financing Lease Liabilities

The table below reconciles the cash flows to the lease liabilities recorded on the Company’s Condensed Consolidated Balance Sheet as of September 30, 2020:

 

    Operating Leases     Financing Leases  
2020     365       49  
2021     1,235       120  
2022     1,028       13  
2023     629       -  
2024-2030     2,717          
Total minimum lease payments     5,974       182  
Less: amount of lease payments representing effects of discounting     1,118       13  
Present value of future minimum lease payments     4,856       169  
Less: current obligations under leases     1,110       134  
Long-term lease obligations   $ 3,746     $ 35  
Schedule of Future Minimum Lease Payments Under Non-Cancelable Leases

As of September 30, 2020, contractual obligations with terms exceeding one year and estimated minimum future rental payments required by non-cancelable operating leases with initial or remaining lease terms exceeding one year were as follows:

 

          Less than     1 to 3     3 to 5     After  
    Total     1 Year     Years     Years     5 Years  
Operating lease obligations   $ 5,974     $ 365     $ 2,263     $ 1,020     $ 2,326  
Total   $ 5,974     $ 365     $ 2,263     $ 1,020     $ 2,326