LEASES (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Schedule of ROU Assets and Lease Liabilities

The following table presents the Company’s right-of-use (ROU) assets and lease liabilities as of September 30, 2019: 

Lease Classification	Classification	September 30, 2019
Assets:
Operating	Other Assets	$	51,284
Financing	Other Assets	10,346
Total ROU assets		$	61,630
Liabilities:
Current:
Operating	Accounts payable and accrued liabilities	$	7,273
Financing	Accounts payable and accrued liabilities	2,952
Noncurrent:
Operating	Other long-term liabilities	45,499
Financing	Other long-term liabilities	9,544
Total lease liabilities		$	65,268

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities as of September 30, 2019 by fiscal year were as follows: 

Maturity of Lease Liabilities	Operating			Financing			Total
Remainder of 2019	$	3,115		$	3,204		$	6,319
2020	9,925			3,464			13,389
2021	8,721			2,865			11,586
2022	8,406			2,258			10,664
2023	7,504			1,748			9,252
Thereafter	27,464			—			27,464
Total lease payments	65,135			13,539			78,674
Less: Interest	(12,363		)	(1,043		)	(13,406		)
Present value of lease liabilities	$	52,772		$	12,496		$	65,268

Schedule of Maturities of Finance Lease Liabilities

Maturities of lease liabilities as of September 30, 2019 by fiscal year were as follows: 

Maturity of Lease Liabilities	Operating			Financing			Total
Remainder of 2019	$	3,115		$	3,204		$	6,319
2020	9,925			3,464			13,389
2021	8,721			2,865			11,586
2022	8,406			2,258			10,664
2023	7,504			1,748			9,252
Thereafter	27,464			—			27,464
Total lease payments	65,135			13,539			78,674
Less: Interest	(12,363		)	(1,043		)	(13,406		)
Present value of lease liabilities	$	52,772		$	12,496		$	65,268

Schedule of Lease Cost

Supplemental Cash Flow Information	Nine Months Ended September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Cash used in operating activities:
Operating leases	$	5,918
Financing leases	$	454
Cash used in financing activities:
Financing leases	$	2,027
ROU assets obtained in exchange for lease obligations:
Operating leases	$	9,268
Financing leases	$	72

Lease Cost	Classification	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Operating (1)	Operating Expenses	$	3,535	$	9,946
Financing:
Amortization	Operating Expenses	600		1,811
Interest expense	Operating Expenses	142		455
Total lease costs		$	4,277	$	12,212

 

(1)

Includes short-term leases and variable lease costs, both of which were not material.

Schedule of Other Information

Other Information	September 30, 2019
Weighted average remaining lease term (in years):
Operating leases	8.0
Financing leases	4.2
Weighted average discount rate:
Operating leases	5.2	%
Financing leases	5.4	%

Schedule of Minimum Lease Payments for Future Years

Minimum lease payments for future years as of December 31, 2018 were as follows: 

2019	$	12,976
2020	12,549
2021	11,198
2022	10,574
2023	9,993
Thereafter	27,701
Total	$	84,991