LEASES (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

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

Amounts reported in the condensed consolidated balance sheet were:

	March 31, 2020		December 31, 2019
	(in thousands)
Assets:
Right-of-use assets	$	193,070	$	182,228
Liabilities:
Current operating lease liabilities	$	50,026	$	48,585
Long-term operating lease liabilities	152,139		140,148
Total operating lease liabilities	$	202,165	$	188,733

Schedule of Lease Costs and Other Information

Lease-related costs reported within ‘Cost of sales’ and ‘Selling, general and administrative expenses’ in our condensed consolidated statement of operations were:

	Three Months Ended March 31,
	2020		2019
	(in thousands)
Operating lease cost	$	14,994	$	14,930
Short-term lease cost	1,325		1,360
Variable lease cost	1,500		2,989
Total lease costs	$	17,819	$	19,279

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

	Three Months Ended March 31,
	2020		2019
	(in thousands)
Cash paid for operating leases	$	12,293	$	18,574
Right-of-use assets obtained in exchange for operating lease liabilities (1)	24,790		177,509

⁽¹⁾ In the three months ended March 31, 2019, we implemented ASC 842, Leases. The previously reported amount includes $176.1 million for operating leases existing on January 1, 2019 and $1.4 million for operating leases that commenced in the first quarter of 2019.

Schedule of Maturities of Operating Lease Liabilities

The maturities of our operating lease liabilities were:

	As of March 31, 2020
	(in thousands)
2020 (remainder of year)	$	42,343
2021	50,196
2022	35,832
2023	26,650
2024	17,013
Thereafter	65,102
Total future minimum lease payments	237,136
Less: imputed interest	(34,971)
Total operating lease liabilities	$	202,165