Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Summary of Lease Assets and Liabilities

(in thousands)	Classification		March 31, 2019
Assets
Operating lease assets	Operating lease assets	$	309,880
Finance lease assets	Other assets		4,838
Total lease assets		$	314,718
Liabilities
Operating lease liabilities	Operating lease liabilities	$	333,964
Finance lease liabilities	Notes and contracts payable		5,078
Total lease liabilities		$	339,042

Summary of Components of Lease Expense

The components of lease expense are as follows:

(in thousands)	Classification	Three Months Ended March 31, 2019
Operating lease cost	Other operating expenses	$	22,093
Finance lease cost:
Amortization of lease assets	Depreciation and amortization		573
Interest of lease liabilities	Interest		56
Variable lease cost	Other operating expenses		6,989
Short-term lease cost	Other operating expenses		461
Sublease income	Information and other		(477	)
Net lease cost		$	29,695

Schedule of Future Minimum Lease Payments Under Operating and Finance Lease with Noncancelable Lease Terms

Future minimum lease payments under operating and finance leases with noncancelable lease terms, as of March 31, 2019, are as follows:

(in thousands)		Operating Leases			Finance Leases			Total
Remainder of 2019	$	65,448		$	1,415		$	66,863
2020		78,098			1,432			79,530
2021		63,304			1,130			64,434
2022		51,791			1,036			52,827
2023		37,740			434			38,174
2024		26,021			—			26,021
Thereafter		57,068			—			57,068
Total lease payments		379,470			5,447			384,917
Interest		(45,506	)		(369	)		(45,875	)
Present value of lease liabilities	$	333,964		$	5,078		$	339,042

Schedule of Information Related to Lease Terms and Discount Rate

Information related to lease terms and discount rates is as follows:

	March 31, 2019
Weighted-average remaining lease terms (years):
Operating leases	5.7
Finance leases	3.6
Weighted-average discount rates:
Operating leases	4.32	%
Finance leases	4.25	%

Schedule of Cash Flow Information Related to Lease Liabilities

Cash flow information related to lease liabilities is as follows:

(in thousands)		Three Months Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	21,879
Operating cash flows from finance leases	$	56
Financing cash flows from finance leases	$	474
Operating lease assets obtained in exchange for new operating lease liabilities	$	10,376

Summary of Future Minimum Lease Payments Under Operating Leases with Noncancelable Lease Terms

Future minimum lease payments under operating leases with noncancelable lease terms, as of December 31, 2018, are as follows:

Year	in thousands
2019	$	76,375
2020		68,026
2021		54,853
2022		41,859
2023		28,948
Thereafter		64,732
Total lease payments	$	334,793