XML 67 R25.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Leases Leases

The Company has operating leases for corporate offices and certain information technology equipment.
The following table summarizes the Company's lease cost included in general and administrative expense in the consolidated statements of operations:
 
Years Ended December 31,
(in thousands)
2019
 
2018
 
2017
Operating lease cost
$
11,495

 
$
11,552

 
$
11,334


Supplemental cash flow information related to operating leases is summarized below:
 
Years Ended December 31,
(in thousands)
2019
 
2018
 
2017
Cash paid for amounts included in the measurement of lease liabilities
$
12,365

 
$
11,709

 
$
11,579

Right-of-use assets obtained in exchange for new lease liabilities

 
614

 


Other information related to operating leases is summarized below:
 
Years Ended December 31,
 
2019
 
2018
 
2017
Weighted-average remaining lease term (years)
4

 
5

 
6

Weighted-average discount rate
2.8
%
 
2.8
%
 
2.8
%

The following table summarizes the maturities of lease liabilities at December 31, 2019 (in thousands):
Year Ending December 31,
Operating Leases
2020
$
11,933

2021
11,184

2022
10,882

2023
10,855

2024
963

Total remaining undiscounted lease payments
45,817

Less: imputed interest
2,468

Total remaining discounted lease payments
$
43,349