LEASES

The Company has operating leases for its office facilities, data centers and certain vehicles, as well as finance leases for office equipment. The Company's leases have remaining terms of less than one year to ten years. The leases contain various renewal and termination options. The period which is subject to an option to extend the lease is included in the lease term if it is reasonably certain that the option will be exercised. The period which is subject to an option to terminate the lease is included if it is reasonably certain that the option will not be exercised.

Lease costs related to the Company's operating leases included in the condensed consolidated statement of operations were as follows (in thousands):



	Three Months Ended March 31, 2019
Operating lease costs:
Cost of revenues	$	3,238
Software development	952
Selling and marketing (excluding customer base amortization)	2,191
General and administrative	292
Total operating lease costs	$	6,673

The impact of lease costs related to finance leases and short-term leases was not material for the three months ended March 31, 2019. Rent expense related to operating leases for office facilities was $7 million for the three months ended March 31, 2018.

Supplemental balance sheet information related to operating leases was as follows (in thousands):



Balance	Balance Sheet Location	March 31, 2019
Long-term lease liabilities	Lease and other long-term liabilities	$	119,172

Weighted average remaining lease term in years		5.7
Weighted average discount rate		4.2		%

Balance sheet information related to finance leases was not material as of March 31, 2019.

Supplemental cash flow information related to leases was as follows (in thousands):



	Three Months Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in operating leases	$	7,716

ROU assets obtained in exchange for lease obligations:
Operating leases	$	170

Maturities of operating lease liabilities at March 31, 2019 were as follows (in thousands):



April 1, 2019 - March 31, 2020	$	31,652
April 1, 2020 - March 31, 2021	30,116
April 1, 2021 - March 31, 2022	27,193
April 1, 2022 - March 31, 2023	26,377
April 1, 2023 - March 31, 2024	24,421
Thereafter	23,941
Total lease payments	163,700
Less imputed interest	(18,466		)
Present value of lease liabilities	$	145,234