Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Lessee, Operating Lease, Liability, Maturity

Aggregate future minimum lease payments under noncancelable operating and finance leases with an initial term in excess of one year were as follows as of March 31, 2019 (in thousands):

Year Ending:	Operating leases			Finance leases			Total
Remainder of 2019	$	34,178		$	16,666		$	50,844
2020	35,278			20,606			55,884
2021	25,499			24,081			49,580
2022	21,220			9,421			30,641
2023	18,041			8,986			27,027
Thereafter	17,924			6,550			24,474
Total	$	152,140		$	86,310		$	238,450
Less: Interest	(24,576		)	(12,318		)	(36,894		)
Present value of lease liabilities	$	127,564		$	73,992		$	201,556

Schedule of Future Minimum Rental Payments for Operating Leases

Aggregate future minimum lease payments under noncancelable operating leases with an initial term in excess of one year were as follows as of December 31, 2018 (in thousands):

Year Ending:
2019	$	45,713
2020	34,920
2021	25,536
2022	21,413
2023	17,920
Thereafter	17,556
Total	$	163,058

Finance Lease, Liability, Maturity

Aggregate future minimum lease payments under noncancelable operating and finance leases with an initial term in excess of one year were as follows as of March 31, 2019 (in thousands):

Year Ending:	Operating leases			Finance leases			Total
Remainder of 2019	$	34,178		$	16,666		$	50,844
2020	35,278			20,606			55,884
2021	25,499			24,081			49,580
2022	21,220			9,421			30,641
2023	18,041			8,986			27,027
Thereafter	17,924			6,550			24,474
Total	$	152,140		$	86,310		$	238,450
Less: Interest	(24,576		)	(12,318		)	(36,894		)
Present value of lease liabilities	$	127,564		$	73,992		$	201,556

Balance Sheet

Amounts recognized in the condensed consolidated balance sheets related to the Company's lease portfolio are as follows (in thousands):

	March 31, 2019
Assets:
Finance lease assets, net (included in property and equipment)	$	74,154
Operating lease right-of-use asset	122,701
Total lease assets	$	196,855
Liabilities:
Current finance lease liability	$	17,658
Current operating lease liability	36,797
Long-term finance lease liability	56,334
Long-term operating lease liability	90,767
Total lease liabilities	$	201,556

Lease, Cost

The weighted average remaining lease term and discount rate used in computing the lease liability as of March 31, 2019 are as follows:

Weighted average remaining lease term (in years)
Operating leases	4.5
Finance leases	3.6
Weighted average discount rate
Operating leases	7.2	%
Finance leases	7.2	%

Supplemental cash flow information related to leases for the three months ended March 31, 2019 is as follows (in thousands):

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	12,149
Operating cash flows from finance leases	1,200
Financing cash flows from finance leases	3,980
ROU assets obtained in exchange or lease liabilities:
Operating leases	$	2,030

Amounts recognized in the condensed consolidated income statement related to the Company's lease portfolio for the three months ended March 31, 2019 are as follows (in thousands):

Lease component	Classification
Rent expense - operating leases	Other operating expenses	$	16,510
Amortization of finance lease assets	Depreciation expense	$	4,331
Interest on finance lease liabilities	Interest expense	$	1,200

Schedule of Weighted Average Remaining Lease Term and Discount Rate

The weighted average remaining lease term and discount rate used in computing the lease liability as of March 31, 2019 are as follows:

Weighted average remaining lease term (in years)
Operating leases	4.5
Finance leases	3.6
Weighted average discount rate
Operating leases	7.2	%
Finance leases	7.2	%