Leases

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Leases

Leases:

 The Company's operating lease portfolio primarily includes corporate offices and call centers. The majority of its leases have remaining lease terms of 1 year to 20 years, some of which include options to extend the leases for 5 years, and others include options to terminate the leases within 1 year. Exercises of lease renewal options are typically at the Company's sole discretion and are included in its right-of-use ("ROU") assets and lease liabilities based upon whether the Company is reasonably certain of exercising the renewal options. The Company has lease agreements with lease and non-lease components, which are generally accounted for separately. The Company's lease agreements do not contain any material residual value guarantees or material restrictive covenants.

As most of the Company's leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the lease commencement date in determining the present value of the lease payments.

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

	Three months ended June 30,				Six months ended June 30,
	2020		2019		2020		2019
Operating lease expense	$	2,974	$	3,067	$	6,037	$	5,930
Short-term lease expense	676		720		1,369		1,562
Total lease expense	$	3,650	$	3,787	$	7,406	$	7,492

Supplemental cash flow information and non-cash activity related to leases for the six months ended June 30, 2020 and 2019 were as follows (amounts in thousands):

	Six months ended June 30,
	2020		2019
Cash paid for amounts included in the measurement of operating lease liabilities	$	6,014	$	5,671
ROU assets obtained in exchange for operating lease obligations	(5,999)		80,543

Lease term and discount rate information related to operating leases were as follows as of the dates indicated:

	June 30,
	2020		2019
Weighted-average remaining lease term (years)	9.5		11.0
Weighted-average discount rate	4.82	%	4.96	%

Maturities of lease liabilities at June 30, 2020 are as follows for the following periods (amounts in thousands):

	Operating Leases
For the six months ending December 31, 2020	$	5,860
For the year ending December 31, 2021	11,338
For the year ending December 31, 2022	9,320
For the year ending December 31, 2023	7,141
For the year ending December 31, 2024	6,336
Thereafter	38,919
Total lease payments	$	78,914
Less imputed interest	16,208
Total	$	62,706