Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Schedule of Adjustments for New Lease Guidance

The below adjustments were made to our condensed consolidated balance sheet on January 1, 2019 to reflect the new guidance:

	December 31, 2018		Adjustment			January 1, 2019
Prepaid expenses and other current assets	$	113,234	$	(253	)	$	112,981
Other intangible assets, net	$	897,191	$	(1,510	)	$	895,681
Other assets	$	86,890	$	58,496		$	145,386
Accrued expenses and other current liabilities	$	218,130	$	12,119		$	230,249
Other long-term liabilities	$	39,277	$	44,614		$	83,891

Schedule of Amounts Recognized in Consolidated Balance Sheet

The table below presents the amounts recognized and location of recognition in our condensed consolidated balance sheet as of June 30, 2019 related to our operating and finance leases:

	June 30, 2019
Operating lease right-of-use assets:
Other assets	$	52,471
Total operating lease right-of-use assets	$	52,471
Operating lease liabilities:
Accrued expenses and other current liabilities	$	11,864
Other long-term liabilities	42,062
Total operating lease liabilities	$	53,926
Finance lease right-of-use assets:
Property, plant and equipment, at cost	$	49,714
Accumulated depreciation	(23,412		)
Property, plant and equipment, net	$	26,302
Finance lease liabilities:
Current portion of long-term debt, finance lease and other financing obligations	$	2,298
Finance lease and other financing obligations, less current portion	29,797
Total finance lease liabilities	$	32,095

Lease Cost

The table below presents our total lease cost for the three and six months ended June 30, 2019:

	For the three months ended		For the six months ended
	June 30, 2019		June 30, 2019
Operating lease cost	$	4,244	$	8,224
Finance lease cost:
Amortization of right-of-use assets	$	452	$	904
Interest on lease liabilities	671		1,360
Total finance lease cost	$	1,123	$	2,264

The table below presents the lease liabilities arising from obtaining right-of-use assets in the six months ended June 30, 2019:

	Six months ended
	June 30, 2019
Operating leases	$	1,882
Finance leases	$	—

The table below presents the cash paid related to our operating and financing leases for the six months ended June 30, 2019:

	For the six months ended
	June 30, 2019
Operating cash flows from operating leases	$	8,090
Operating cash flows from finance leases	$	1,206
Financing cash flows from finance leases	$	753

The table below presents the weighted average remaining lease term of our operating and finance leases (in years):

	June 30, 2019
Operating leases	8.2
Finance leases	12.8

The table below presents our weighted average discount rate as of June 30, 2019:

	June 30, 2019
Operating leases	5.8	%
Finance leases	8.5	%

Maturity of Obligations related to Operating Leases

The table below presents a maturity analysis of the obligations related to our operating lease liabilities and finance lease liabilities in effect as of June 30, 2019:

	Operating Leases			Finance Leases
Year ending December 31,
2019 (excluding the six months ended June 30, 2019)	$	7,932		$	2,715
2020	13,030			4,541
2021	9,235			4,063
2022	7,266			3,713
2023	5,961			3,772
Thereafter	27,550			36,330
Total undiscounted cash flows related to lease liabilities	70,974			55,134
Less imputed interest	(17,048		)	(23,039		)
Total lease liabilities	$	53,926		$	32,095

Maturity of Obligations related to Financing Leases

The table below presents a maturity analysis of the obligations related to our operating lease liabilities and finance lease liabilities in effect as of June 30, 2019:

	Operating Leases			Finance Leases
Year ending December 31,
2019 (excluding the six months ended June 30, 2019)	$	7,932		$	2,715
2020	13,030			4,541
2021	9,235			4,063
2022	7,266			3,713
2023	5,961			3,772
Thereafter	27,550			36,330
Total undiscounted cash flows related to lease liabilities	70,974			55,134
Less imputed interest	(17,048		)	(23,039		)
Total lease liabilities	$	53,926		$	32,095