Annual report pursuant to Section 13 and 15(d)

Operating Leases (Tables)

v3.20.4
Operating Leases (Tables)
12 Months Ended
Dec. 31, 2020
Operating leases  
Schedule of lease cost

The following table shows the lease costs for the years ended December 31, 2020 and 2019 (in thousands):

Year ended

December 31, 

     

2020

     

2019

Lease cost:

Operating lease cost

 

$

4,044

 

$

4,017

Short-term lease cost

 

359

 

319

 

$

4,403

 

$

4,336

Year ended

December 31, 

2020

     

2019

Other information:

Operating cash outflows from operating leases (in thousands)

$

3,769

 

$

4,063

Weighted-average remaining lease term - operating leases

6.3 years

7.3 years

Weighted-average discount rate - operating leases

7.2%

7.2%

Schedule of maturities of operating lease liabilities

The maturities of operating lease liabilities as of December 31, 2020 are as follows (in thousands):

     

Operating leases

     

2021

 

$

4,326

 

2022

 

4,371

2023

 

4,127

2024

 

4,011

2025

 

4,059

after 2025

 

9,114

Total lease payments

30,008

Less: Imputed interest

6,297

Present value of lease liability

$

23,711