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LEASES
 6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Leases LEASES
During the three and six months ended June 30, 2020, the Company incurred operating lease expenses of $7.6 million and $15.3 million, respectively, including short-term lease expense, which were included as a component of selling, general and administrative expense in the unaudited condensed consolidated statements of comprehensive income (loss). During the three and six months ended June 30, 2019, the Company incurred operating lease expense of $5.6 million and $10.8 million, respectively, including short-term lease expenses, which were included as a component of selling, general and administrative expenses in the unaudited condensed consolidated statements of comprehensive income (loss). As of June 30, 2020, the weighted-average remaining lease term was 5.2 years and the weighted-average discount rate was 5.48%.
Operating leases mature as follows (in thousands):
Fiscal Year Ending December 31,Minimum Payments
2020$11,895  
202119,591  
202214,192  
202310,774  
20248,009  
Thereafter18,328  
Total lease payments$82,789  
Less: Interest13,538  
Present value of lease liabilities$69,251  
During the three and six months ended June 30, 2020, the Company did not enter into any significant new operating or financing leases. As of June 30, 2020, the Company has entered into one build-to-suit lease agreement for a term of 15 years that has not yet commenced.
Leases LEASES
During the three and six months ended June 30, 2020, the Company incurred operating lease expenses of $7.6 million and $15.3 million, respectively, including short-term lease expense, which were included as a component of selling, general and administrative expense in the unaudited condensed consolidated statements of comprehensive income (loss). During the three and six months ended June 30, 2019, the Company incurred operating lease expense of $5.6 million and $10.8 million, respectively, including short-term lease expenses, which were included as a component of selling, general and administrative expenses in the unaudited condensed consolidated statements of comprehensive income (loss). As of June 30, 2020, the weighted-average remaining lease term was 5.2 years and the weighted-average discount rate was 5.48%.
Operating leases mature as follows (in thousands):
Fiscal Year Ending December 31,Minimum Payments
2020$11,895  
202119,591  
202214,192  
202310,774  
20248,009  
Thereafter18,328  
Total lease payments$82,789  
Less: Interest13,538  
Present value of lease liabilities$69,251  
During the three and six months ended June 30, 2020, the Company did not enter into any significant new operating or financing leases. As of June 30, 2020, the Company has entered into one build-to-suit lease agreement for a term of 15 years that has not yet commenced.