Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.19.2
Leases (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Lessee, Operating Lease, Liability, Maturity
The table below presents aggregate future minimum payments due under leases for the next five years and beyond, reconciled to total lease liabilities included in the consolidated balance sheet as of June 30, 2019:
 
Operating Leases
 
(in thousands)
2019 (6 months)
$
4,403

2020
8,817

2021
8,750

2022
3,905

2023
1,040

Thereafter

Total minimum payments
26,915

Less: imputed interest
(2,063
)
Less: unrealized translation loss
(4
)
Total lease liabilities
24,848

Less: short-term lease liabilities
(8,333
)
Long-term lease liabilities
$
16,515


Future Minimum Payments Under Operating Leases
The Company has subleased certain facilities that it ceased using in connection with prior years' restructuring plans (Note 3). Such subleases expire at various years through fiscal 2023. As of June 30, 2019, future minimum rental income under non-cancelable subleases is as follows:
 
Amount
 
(in thousands)
2019 (6 months)
$
1,966

2020
4,036

2021
4,057

2022
782

2023
291

Thereafter

Total minimum rental income
$
11,132