Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2019
Summary of Significant Accounting Policies  
Schedule of maturities of operating lease liabilities

The maturities of operating lease liabilities are as follows (in thousands):

     

Operating leases

     

2019

 

$

2,037

 

2020

 

4,110

2021

 

4,153

2022

 

4,158

2023

 

3,918

after 2023

 

16,302

Total lease payments

34,678

Less: Imputed interest

(8,674)

Present value of lease liability

$

26,004

The Company has operating leases in relation to property for office and research facilities. The maximum lease term without activation of termination options is to 2041.

Schedule of amounts reclassified out of other comprehensive income

The following amounts were reclassified out of other comprehensive income during the three and six months ended June 30, 2019 and 2018 (in thousands):

Amount reclassified

Amount reclassified

Three months ended

Three months ended

Six months ended

Six months ended

June 30, 

June 30, 

June 30, 

June 30, 

Component of accumulated other comprehensive income

2019

2018

 

2019

2018

Unrealized gains (losses) on available-for-sale securities

 

 

 

 

 

Reclassification adjustment for (gains) losses on available-for-sale debt securities

 

$

(13)

$

1,310

$

(13)

$

2,473