Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Lease, Cost

The table below presents the components of the Company’s lease costs for the three and six months ended June 30, 2019.

	Three Months Ended June 30, 2019		Six Months Ended June 30, 2019
	(In thousands)
Components of Lease Costs
Finance lease costs
Amortization of right-of-use assets (1)		$410		$784
Interest on lease liabilities (2)	131		276
Operating lease costs (3)	8,700		22,780
Short-term lease costs (4)	245		463
Variable lease costs (5)	50		152
Total lease costs		$9,536		$24,455

Assets and Liabilities, Lessee

The table below presents supplemental balance sheet information for the Company’s leases as of June 30, 2019.

	June 30, 2019
	(In thousands)
Leases
Operating leases:
Operating lease ROU assets		$64,615
Current operating lease liabilities		$34,049
Long-term operating lease liabilities	36,526
Total operating lease liabilities		$70,575
Financing leases:
Other property and equipment, at cost		$7,810
Accumulated depreciation	(5,170		)
Other property and equipment, net		$2,640
Current financing lease liabilities (1)		$1,918
Long-term financing lease liabilities (2)	1,034
Total financing lease liabilities		$2,952

Cash Flow Information, Lessee

The table below presents supplemental cash flow information for the Company’s leases for the six months ended June 30, 2019.

	Six Months Ended June 30, 2019
	(In thousands)
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$5,338
Investing cash flows from operating leases		$22,896
Operating cash flows from financing leases		$276
Financing cash flows from financing leases		$879
ROU assets obtained in exchange for lease liabilities
Operating leases		$9,404
Financing leases		$1,082

Lease Terms and Discount Rates

The table below presents the weighted average remaining lease terms and weighted average discount rates for the Company’s leases as of June 30, 2019.

	June 30, 2019
Weighted Average Remaining Lease Term (In years)
Operating leases	5.1 years
Financing leases	2.3 years
Weighted Average Discount Rate
Operating leases	8.0	%
Financing leases	12.9	%

Lessee, Operating Lease, Liability, Maturity

The table below presents the maturity of the Company’s lease liabilities as of June 30, 2019.

	Operating Leases			Financing Leases
	(In thousands)
July - December 2019		$20,842			$1,113
2020	27,856			1,475
2021	7,726			275
2022	3,697			234
2023	3,680			232
2024 and Thereafter	21,608			39
Total lease payments	85,409			3,368
Less: Imputed interest	(14,834		)	(416		)
Total lease liabilities		$70,575			$2,952