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LEASES (Tables)
6 Months Ended
Jun. 30, 2020
Lease, Cost [Abstract]  
Lease, Cost Table

The components of lease expense for the three and six months ended June 30, 2020 and 2019 are as follows (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

Location in Statements of

​

Three Months Ended June 30,

​

Description

​

Comprehensive Income (Loss)

    

2020

    

2019

    

Amortization of ROU assets - finance leases

​

Depreciation and amortization

​

$

1,928

​

$

1,798

​

Interest on lease liabilities - finance leases

​

Interest expense

​

​

52

​

​

32

 

Operating lease cost (cost resulting from lease payments)

​

Cost of services

​

 

11,642

​

 

12,647

​

Operating lease cost (cost resulting from lease payments)

​

Selling, general and administrative

​

​

858

​

​

1,363

​

Operating lease cost (cost resulting from lease payments)

​

Other income (expense), net

​

​

287

​

​

242

​

Short-term lease cost

​

Cost of services

​

 

883

​

 

1,247

​

Variable lease cost (cost excluded from lease payments)

​

Cost of services

​

​

(284)

​

​

—

​

Less: Sublease income

​

Selling, general and administrative

​

​

(212)

​

​

(126)

​

Less: Sublease income

​

Other income (expense), net

​

 

(616)

​

 

(496)

​

Total lease cost

​

​

​

$

14,538

 

$

16,707

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Location in Statements of

​

Six Months Ended June 30,

​

Description

​

Comprehensive Income (Loss)

    

2020

    

2019

​

Amortization of ROU assets - finance leases

​

Depreciation and amortization

​

$

3,844

​

$

3,405

​

Interest on lease liabilities - finance leases

​

Interest expense

​

​

108

​

​

40

​

Operating lease cost (cost resulting from lease payments)

​

Cost of services

​

 

23,680

​

 

23,346

​

Operating lease cost (cost resulting from lease payments)

​

Selling, general and administrative

​

​

1,400

​

​

2,630

​

Operating lease cost (cost resulting from lease payments)

​

Other income (expense), net

​

​

529

​

​

484

​

Short-term lease cost

​

Cost of services

​

 

1,880

​

 

2,312

​

Variable lease cost (cost excluded from lease payments)

​

Cost of services

​

​

(284)

​

​

—

​

Less: Sublease income

​

Selling, general and administrative

​

​

(394)

​

​

(193)

​

Less: Sublease income

​

Other income (expense), net

​

 

(1,112)

​

 

(992)

​

Total lease cost

​

​

​

$

29,651

 

$

31,032

​

Schedule of leases

Other supplementary information for the three and six months ended June 30, 2020 and 2019 are as follows (dollar values in thousands):

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30,

​

​

    

2020

    

2019

    

Finance lease - operating cash flows

​

$

17

​

$

32

​

Finance lease - financing cash flows

​

$

1,735

​

$

2,202

​

Operating lease - operating cash flows (fixed payments)

​

$

13,280

​

$

13,741

​

New ROU assets - operating leases

​

$

247

​

$

5,368

​

Modified ROU assets - operating leases

​

$

6,221

​

$

10,202

​

New ROU assets - finance leases

​

$

320

​

$

1,657

​

​

​

​

​

​

​

​

​

​

​

​

Six Months Ended June 30,

​

​

    

2020

    

2019

    

Finance lease - operating cash flows

​

$

36

​

$

40

​

Finance lease - financing cash flows

​

$

3,867

​

$

5,985

​

Operating lease - operating cash flows (fixed payments)

​

$

27,417

​

$

26,075

​

New ROU assets - operating leases

​

$

6,795

​

$

7,057

​

Modified ROU assets - operating leases

​

$

6,221

​

$

23,201

​

New ROU assets - finance leases

​

$

828

​

$

4,247

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2020

​

December 31, 2019

​

Weighted average remaining lease term - finance leases

​

​

2.63 years

​

​

2.91 years

​

Weighted average remaining lease term - operating leases

​

​

4.02 years

​

​

4.27 years

​

Weighted average discount rate - finance leases

​

​

1.60%

​

​

1.43%

​

Weighted average discount rate - operating leases

​

​

6.90%

​

​

7.22%

​

Assets and liabilities lessee [Table Text Block]

Operating and financing lease right-of-use assets and lease liabilities within the Consolidated Balance Sheet as of June 30, 2020 and December 31, 2019 are as follows (in thousands):

​

​

​

​

​

​

​

​

​

​

Description

Location in Balance Sheet

​

June 30, 2020

​

December 31, 2019

 

Assets

​

​

​

​

​

​

​

​

Operating lease assets

Operating lease assets

​

$

142,701

​

$

150,808

​

Finance lease assets

Property, plant and equipment, net

​

 

14,989

​

 

18,016

​

Total leased assets

​

​

$

157,690

​

$

168,824

​

​

​

​

​

​

​

​

​

​

Liabilities

​

​

​

​

​

​

​

​

Current

​

​

​

​

​

​

​

​

Operating

Current operating lease liabilities

​

$

45,121

​

$

45,218

​

Finance

Other current liabilities

​

​

6,987

​

​

7,470

​

Non-current

​

​

​

​

​

​

​

​

Operating

Non-current operating lease liabilities

​

​

116,558

​

​

127,395

​

Finance

Other long-term liabilities

​

​

6,423

​

​

8,896

​

Total lease liabilities

​

​

$

175,089

​

$

188,979

​

​

Schedule of future minimum operating lease payments

The future minimum operating lease and finance lease payments required under non-cancelable leases as of June 30, 2020 and December 31, 2019 are as follows (in thousands):

June 30, 2020

​

​

​

​

​

​

​

​

​

​

​

​

    

Operating

    

Sub-lease

    

Finance

 

​

​

Leases

​

Income

​

Leases

 

Year 1

​

$

54,344

​

$

(3,401)

​

$

6,829

​

Year 2

​

 

47,643

​

 

(3,437)

​

 

4,149

​

Year 3

​

 

41,159

​

 

(3,433)

​

 

1,609

​

Year 4

​

 

21,523

​

 

(2,828)

​

 

817

​

Year 5

​

 

13,215

​

 

(2,940)

​

 

104

​

Thereafter

​

 

10,230

​

 

(1,960)

​

 

—

​

Total minimum lease payments

​

$

188,114

​

$

(17,999)

​

$

13,508

​

Less imputed interest

​

​

(26,435)

​

​

​

​

​

(98)

​

Total lease liability

​

$

161,679

​

​

​

​

$

13,410

​

​

December 31, 2019

​

​

​

​

​

​

​

​

​

​

​

​

    

Operating

    

Sub-lease

    

Finance

 

​

​

Leases

​

Income

​

Leases

 

Year 1

​

$

54,903

​

$

(2,976)

​

$

7,594

​

Year 2

​

 

47,892

​

 

(621)

​

 

5,587

​

Year 3

​

 

43,590

​

 

(345)

​

 

2,139

​

Year 4

​

 

28,124

​

 

(201)

​

 

1,109

​

Year 5

​

 

14,494

​

 

—

​

 

331

​

Thereafter

​

 

14,734

​

 

—

​

 

—

​

Total minimum lease payments

​

$

203,737

​

$

(4,143)

​

$

16,760

​

Less imputed interest

​

​

(31,124)

​

​

​

​

​

(394)

​

Total lease liability

​

$

172,613

​

​

​

​

$

16,366

​

Schedule of future minimum finance lease payments

The future minimum operating lease and finance lease payments required under non-cancelable leases as of June 30, 2020 and December 31, 2019 are as follows (in thousands):

June 30, 2020

​

​

​

​

​

​

​

​

​

​

​

​

    

Operating

    

Sub-lease

    

Finance

 

​

​

Leases

​

Income

​

Leases

 

Year 1

​

$

54,344

​

$

(3,401)

​

$

6,829

​

Year 2

​

 

47,643

​

 

(3,437)

​

 

4,149

​

Year 3

​

 

41,159

​

 

(3,433)

​

 

1,609

​

Year 4

​

 

21,523

​

 

(2,828)

​

 

817

​

Year 5

​

 

13,215

​

 

(2,940)

​

 

104

​

Thereafter

​

 

10,230

​

 

(1,960)

​

 

—

​

Total minimum lease payments

​

$

188,114

​

$

(17,999)

​

$

13,508

​

Less imputed interest

​

​

(26,435)

​

​

​

​

​

(98)

​

Total lease liability

​

$

161,679

​

​

​

​

$

13,410

​

​

December 31, 2019

​

​

​

​

​

​

​

​

​

​

​

​

    

Operating

    

Sub-lease

    

Finance

 

​

​

Leases

​

Income

​

Leases

 

Year 1

​

$

54,903

​

$

(2,976)

​

$

7,594

​

Year 2

​

 

47,892

​

 

(621)

​

 

5,587

​

Year 3

​

 

43,590

​

 

(345)

​

 

2,139

​

Year 4

​

 

28,124

​

 

(201)

​

 

1,109

​

Year 5

​

 

14,494

​

 

—

​

 

331

​

Thereafter

​

 

14,734

​

 

—

​

 

—

​

Total minimum lease payments

​

$

203,737

​

$

(4,143)

​

$

16,760

​

Less imputed interest

​

​

(31,124)

​

​

​

​

​

(394)

​

Total lease liability

​

$

172,613

​

​

​

​

$

16,366

​

Schedule of Future Minimum Lease Payments

June 30, 2020

​

​

​

​

​

​

​

​

​

​

​

​

    

Operating

    

Sub-lease

    

Finance

 

​

​

Leases

​

Income

​

Leases

 

Year 1

​

$

54,344

​

$

(3,401)

​

$

6,829

​

Year 2

​

 

47,643

​

 

(3,437)

​

 

4,149

​

Year 3

​

 

41,159

​

 

(3,433)

​

 

1,609

​

Year 4

​

 

21,523

​

 

(2,828)

​

 

817

​

Year 5

​

 

13,215

​

 

(2,940)

​

 

104

​

Thereafter

​

 

10,230

​

 

(1,960)

​

 

—

​

Total minimum lease payments

​

$

188,114

​

$

(17,999)

​

$

13,508

​

Less imputed interest

​

​

(26,435)

​

​

​

​

​

(98)

​

Total lease liability

​

$

161,679

​

​

​

​

$

13,410

​

​

December 31, 2019

​

​

​

​

​

​

​

​

​

​

​

​

    

Operating

    

Sub-lease

    

Finance

 

​

​

Leases

​

Income

​

Leases

 

Year 1

​

$

54,903

​

$

(2,976)

​

$

7,594

​

Year 2

​

 

47,892

​

 

(621)

​

 

5,587

​

Year 3

​

 

43,590

​

 

(345)

​

 

2,139

​

Year 4

​

 

28,124

​

 

(201)

​

 

1,109

​

Year 5

​

 

14,494

​

 

—

​

 

331

​

Thereafter

​

 

14,734

​

 

—

​

 

—

​

Total minimum lease payments

​

$

203,737

​

$

(4,143)

​

$

16,760

​

Less imputed interest

​

​

(31,124)

​

​

​

​

​

(394)

​

Total lease liability

​

$

172,613

​

​

​

​

$

16,366

​