Right-of-Use Asset and Lease Liabilities (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lease, Cost

The components of the lease expense recorded in the consolidated statement of operations were as follows:

	Year Ended December 31, 2019
	(In thousands)
Operating lease cost	$	32,558
Finance lease cost:
Amortization of assets	6,090
Interest on lease liabilities	708
Short-term lease cost	6,342
Variable lease cost	3,792
Total net lease cost	$	49,490

Supplemental cash flow and other information related to leases was as follows:

	Year Ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:	(In thousands)
Operating cash flows from operating leases	$	28,291
Operating cash flows from finance leases (interest)	$	687
Financing cash flows from finance leases	$	5,646
Weighted average remaining lease term (in years):
Operating leases	6.1
Finance leases	3.0
Weighted average discount rate:
Operating leases	5.5		%
Finance leases	5.3		%

Assets and Liabilities, Lessee

Supplemental balance sheet information related to leases was as follows:

Leases	Classification	As of December 31, 2019
Assets:		(In thousands)
Operating lease assets	Operating right-of-use asset, net of accumulated amortization (1)	$	156,741
Finance lease assets	Property and equipment, net of accumulated depreciation (2)	14,770
Total leased assets		$	171,511
Liabilities:
Current
Operating	Operating lease liability, current	$	27,156
Finance	Financing lease liability, current	6,924
Noncurrent
Operating	Operating lease liability, noncurrent	139,200
Finance	Finance lease liability, noncurrent	8,746
Total lease liabilities		$	182,026

__________

(1)Operating lease assets are recorded net of accumulated amortization of $23.2 million as of December 31, 2019.

(2) Finance lease assets are recorded net of accumulated depreciation of $6.0 million as of December 31, 2019.

Lessee, Operating Lease, Liability, Maturity

Maturities of lease liabilities were as follows:

	As of December 31, 2019
	Operating Leases			Finance Leases
Year Ended December 31,	(In thousands)
2020	$	35,997		$	7,586
2021	34,762			4,659
2022	33,214			2,333
2023	27,859			1,581
2024	25,400			315
Thereafter	43,125			581
Total lease payments	200,357			17,055
Less: imputed interest	(34,001		)	(1,385		)
Total lease obligations	166,356			15,670
Less: current obligations	(27,156		)	(6,924		)
Long-term lease obligations	$	139,200		$	8,746

Finance Lease, Liability, Maturity

Maturities of lease liabilities were as follows:

	As of December 31, 2019
	Operating Leases			Finance Leases
Year Ended December 31,	(In thousands)
2020	$	35,997		$	7,586
2021	34,762			4,659
2022	33,214			2,333
2023	27,859			1,581
2024	25,400			315
Thereafter	43,125			581
Total lease payments	200,357			17,055
Less: imputed interest	(34,001		)	(1,385		)
Total lease obligations	166,356			15,670
Less: current obligations	(27,156		)	(6,924		)
Long-term lease obligations	$	139,200		$	8,746

Schedule of Future Minimum Rental Payments for Operating Leases

Future minimum lease payment obligations under noncancelable operating and finance leases were as follows:

	As of December 31, 2019
	Operating Leases		Financing Leases
Year Ended December 31,	(In thousands)
2019	$	24,128	$	306
2020	29,527		512
2021	30,898		573
2022	30,492		590
2023	30,122		608
Thereafter	81,316		1,939
Total minimum lease payments	$	226,483	$	4,528

Schedule of Future Minimum Lease Payments for Capital Leases

Future minimum lease payment obligations under noncancelable operating and finance leases were as follows:

	As of December 31, 2019
	Operating Leases		Financing Leases
Year Ended December 31,	(In thousands)
2019	$	24,128	$	306
2020	29,527		512
2021	30,898		573
2022	30,492		590
2023	30,122		608
Thereafter	81,316		1,939
Total minimum lease payments	$	226,483	$	4,528