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Leases (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of Rights-of-use Assets and Operating Lease Liabilities

Amounts reported in the condensed consolidated balance sheet were:



	June 30, 2019
	(in thousands)
Assets:
Right-of-use assets	$	163,808
Liabilities:
Current operating lease liabilities	$	45,394
Long-term operating lease liabilities	124,329
Total operating lease liabilities	$	169,723

Schedule of Lease Costs and Other Information

Lease-related costs reported in the Company’s condensed consolidated statement of operations were:



	Three Months Ended June 30, 2019		Six Months Ended June 30, 2019
	(in thousands)
Operating lease cost	$	14,749	$	29,679
Short-term lease cost	387		1,747
Variable lease cost	4,300		7,289
Total lease costs	$	19,436	$	38,715

Other information related to leases, including supplemental cash flow information, consists of:



	Six Months Ended June 30, 2019
	(in thousands)
Cash paid for operating leases	$	33,729
Right-of-use assets obtained in exchange for operating lease liabilities ⁽¹⁾	190,102

⁽¹⁾ Includes $176.1 million for operating leases existing on January 1, 2019 and $14.0 million for operating leases that commenced in the six months ended June 30, 2019.



	As of June 30, 2019
Weighted average remaining lease term (in years)	5.5
Weighted average discount rate	4.8	%

Schedule of Maturities of Operating Lease Liabilities

The maturities of the Company’s operating lease liabilities were:



	As of June 30, 2019
	(in thousands)
2019 (remainder of year)	$	23,614
2020	47,412
2021	39,420
2022	26,607
2023	18,391
Thereafter	41,095
Total future minimum lease payments	196,539
Less: imputed interest	(26,816		)
Total operating lease liabilities	$	169,723

Schedule of Future Minimum Lease Payments

Future minimum lease payments under operating leases were:



	As of December 31, 2018
	(in thousands)
2019	$	42,455
2020	36,299
2021	29,714
2022	20,721
2023	15,334
Thereafter	54,149
Total minimum lease payments ⁽¹⁾	$	198,672

⁽¹⁾ Includes future minimum lease payments of $25.4 million related to the new distribution center in Dayton, Ohio.

Schedule of Rent Expense based on Guidance Previously in Effect

Rent expense for operating leases was:



	Three Months Ended June 30, 2018		Six Months Ended June 30, 2018
	(in thousands)
Minimum rentals⁽¹⁾	$	17,532	$	35,771
Contingent rentals	5,535		7,695
Total rent expense	$	23,067	$	43,466

⁽¹⁾ Minimum rentals include all lease payments as well as fixed and variable common area maintenance, parking, and storage fees, which were approximately $2.4 million and $4.8 million in the three and six months ended June 30, 2018, respectively.