LEASES (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of lease expenses and supplemental cash flow information

The components of lease expense were as follows:



	Three Months Ended
Lease Cost	March 31, 2020			March 31, 2019
Operating lease cost	$	8,261		$	7,834
Finance lease cost:
Amortization of right-of-use assets	165			145
Interest on lease liabilities	178			141
Short-term lease cost (1)	86			72
Variable lease cost	3,031			2,562
Less: Sublease income	(462		)	(438		)
Total lease cost	$	11,259		$	10,316

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(1)	Short-term leases are leases having a term of twelve months or less. The Company elected to recognize short-term leases on a straight-line basis and does not record a related lease asset or liability for such leases.

Supplemental cash flow information related to leases was as follows:



	Three Months Ended
Other Information	March 31, 2020		March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	8,211	$	7,871
Operating cash flows from finance leases	178		141
Financing cash flows from finance leases	79		15
Right-of-use assets obtained in exchange for new or modified lease obligations:
Operating leases	8,851		4,818
Finance leases	—		—

Supplemental balance sheet information related to leases

Supplemental balance sheet information related to leases was as follows:



	As of March 31, 2020			As of December 31, 2019
Operating Leases
Operating lease right-of-use assets	$	138,640		$	133,899

Current portion of operating lease liabilities	$	22,926		$	22,061
Long-term operating lease liabilities, less current portion	128,055			123,792
Total operating lease liabilities	$	150,981		$	145,853

Finance Leases
Property and equipment, at cost	$	7,488		$	7,499
Accumulated depreciation	(753		)	(588		)
Property and equipment, net	$	6,735		$	6,911

Current portion of long-term debt	$	401		$	390
Long-term debt, less current portion	7,289			7,390
Total finance lease liabilities	$	7,690		$	7,780

Weighted Average Remaining Lease Term
Operating leases	7.2 years			7.1 years
Finance leases	10.7 years			10.9 years
Weighted Average Discount Rate
Operating leases	7.0		%	7.0		%
Finance leases	9.8		%	9.7		%

Future minimum lease payments under noncancelable finance leases

Future minimum lease payments under noncancelable operating leases, net of sublease receipts and finance leases as of December 31, 2019, are as follows:



Year Ended December 31,	Operating Leases		Less: Sublease Income		Net Operating Leases		Finance Leases
2020	$	32,691	$	1,607	$	31,084	$	1,093
2021	31,105		1,641		29,464		1,108
2022	28,637		1,662		26,975		1,123
2023	24,242		1,142		23,100		1,141
2024	19,844		607		19,237		1,188
Thereafter	57,893		2,575		55,318		7,495
Total minimum lease payments	$	194,412	$	9,234	$	185,178	$	13,148
Less: amount representing interest	42,792						5,368
Present value of lease liabilities held for sale	5,767						—
Present value of lease liabilities	$	145,853					$	7,780

Future minimum lease payments under noncancelable operating leases, net of sublease receipts and finance leases as of March 31, 2020, are as follows:



Year Ended December 31,	Operating Leases		Less: Sublease Income		Net Operating Lease		Finance Leases
2020 (excluding the three months ended March 31, 2020)	$	25,281	$	1,185	$	24,096	$	820
2021	32,531		1,614		30,917		1,107
2022	30,203		1,635		28,568		1,123
2023	25,774		1,119		24,655		1,140
2024	21,374		607		20,767		1,188
Thereafter	64,570		2,575		61,995		7,532
Total minimum lease payments	$	199,733	$	8,735	$	190,998	$	12,910
Less: amount representing interest	44,461						5,220
Present value of lease liabilities held for sale	4,291						—
Present value of lease liabilities	$	150,981					$	7,690

Future minimum lease payments under noncancelable operating leases

Future minimum lease payments under noncancelable operating leases, net of sublease receipts and finance leases as of December 31, 2019, are as follows:



Year Ended December 31,	Operating Leases		Less: Sublease Income		Net Operating Leases		Finance Leases
2020	$	32,691	$	1,607	$	31,084	$	1,093
2021	31,105		1,641		29,464		1,108
2022	28,637		1,662		26,975		1,123
2023	24,242		1,142		23,100		1,141
2024	19,844		607		19,237		1,188
Thereafter	57,893		2,575		55,318		7,495
Total minimum lease payments	$	194,412	$	9,234	$	185,178	$	13,148
Less: amount representing interest	42,792						5,368
Present value of lease liabilities held for sale	5,767						—
Present value of lease liabilities	$	145,853					$	7,780

Future minimum lease payments under noncancelable operating leases, net of sublease receipts and finance leases as of March 31, 2020, are as follows:



Year Ended December 31,	Operating Leases		Less: Sublease Income		Net Operating Lease		Finance Leases
2020 (excluding the three months ended March 31, 2020)	$	25,281	$	1,185	$	24,096	$	820
2021	32,531		1,614		30,917		1,107
2022	30,203		1,635		28,568		1,123
2023	25,774		1,119		24,655		1,140
2024	21,374		607		20,767		1,188
Thereafter	64,570		2,575		61,995		7,532
Total minimum lease payments	$	199,733	$	8,735	$	190,998	$	12,910
Less: amount representing interest	44,461						5,220
Present value of lease liabilities held for sale	4,291						—
Present value of lease liabilities	$	150,981					$	7,690