Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Lease expense and other information related to leases

The components of lease expense were as follows (in thousands):

	Three Months Ended March 31,
	2019			2018
Finance lease cost:
Amortization of right-of-use assets	$	3,484		$	2,634
Interest on lease liabilities	239			119
Operating lease cost	2,879			2,629
Short-term lease cost	524			201
Variable lease cost	877			777
Sublease income	(156		)	(106		)
Total lease cost	$	7,847		$	6,254

Other information related to leases was as follows (in thousands):

	Three Months Ended March 31,
	2019			2018
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	2,567		$	2,600
Operating cash flows from finance leases	201			109
Financing cash flows from finance leases	3,060			2,159
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	20,395			1,117
Finance leases	3,566			99
Weighted average remaining lease term (years):
Operating leases	5.55			3.89
Finance leases	2.90			1.87
Weighted average discount rate:
Operating leases	5.2		%	4.1		%
Finance leases	4.3		%	3.1		%

Future minimum lease payments under non-cancellable leases

Future minimum lease payments under non-cancellable leases as of March 31, 2019 were as follows (in thousands):

	Operating Leases		Sublease Income		Net Operating Leases		Finance Leases
2019	$	11,952	$	777	$	11,175	$	10,060
2020	11,878		791		11,087		5,453
2021	10,538		439		10,099		3,587
2022	9,101		—		9,101		1,568
2023	8,189		—		8,189		60
Thereafter	10,677		—		10,677		49
Total future lease payments	62,335		2,007		60,328		20,777
Less: Amount representing interest	6,200		—		6,200		1,072
Present value of future payments	56,135		2,007		54,128		19,705
Less: Short term leases not recorded as a liability	11,761		—		11,761		—
Less: Tenant incentives	3,186		—		3,186		—
Revised Present value of future payments	41,188		2,007		39,181		19,705
Less: Current portion	9,462		—		9,462		9,459
Long-term portion	$	31,726	$	2,007	$	29,719	$	10,246

Future minimum lease payments under non-cancellable leases

Future minimum lease payments under non-cancellable leases as of March 31, 2019 were as follows (in thousands):

	Operating Leases		Sublease Income		Net Operating Leases		Finance Leases
2019	$	11,952	$	777	$	11,175	$	10,060
2020	11,878		791		11,087		5,453
2021	10,538		439		10,099		3,587
2022	9,101		—		9,101		1,568
2023	8,189		—		8,189		60
Thereafter	10,677		—		10,677		49
Total future lease payments	62,335		2,007		60,328		20,777
Less: Amount representing interest	6,200		—		6,200		1,072
Present value of future payments	56,135		2,007		54,128		19,705
Less: Short term leases not recorded as a liability	11,761		—		11,761		—
Less: Tenant incentives	3,186		—		3,186		—
Revised Present value of future payments	41,188		2,007		39,181		19,705
Less: Current portion	9,462		—		9,462		9,459
Long-term portion	$	31,726	$	2,007	$	29,719	$	10,246