XML 44 R33.htm IDEA: XBRL DOCUMENT v3.19.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2019
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Additional Leases Information See below for additional information about the Company’s leases

 

 

 

Three Months Ended

 

 

 

 

March 31,

 

 

($ in thousands)

 

2019

 

 

Supplemental Income Statement Information:

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease cost

 

$

 

4,133

 

 

Adjustment to the sublease loss reserve

 

$

 

 

 

 

 

 

 

 

 

 

Supplemental Cash Flow Information:

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

 

4,868

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for lease obligations:

 

$

 

1,172

 

 

 

 

 

 

 

 

 

Other Information

 

 

 

 

 

 

Weighted-average remaining lease term - operating leases

 

 

 

5.18

 

years

Weighted-average discount rate - operating leases

 

 

 

4.00

 

%

 

Schedule of future minimum rental payments required under the operating leases in place

The future minimum rental payments required under the operating leases in place at March 31, 2019, are as follows:

 

Fiscal year ended

 

Operating Leases

 

 

Sublease Income

 

 

Net Minimum Payments

 

2019

 

$

 

14,968

 

 

$

 

(436

)

 

$

 

14,532

 

2020

 

 

 

13,959

 

 

 

 

(872

)

 

 

 

13,087

 

2021

 

 

 

8,802

 

 

 

 

(872

)

 

 

 

7,930

 

2022

 

 

 

8,591

 

 

 

 

(872

)

 

 

 

7,719

 

2023

 

 

 

7,212

 

 

 

 

(872

)

 

 

 

6,340

 

Thereafter

 

 

 

12,477

 

 

 

 

(1,308

)

 

 

 

11,169

 

Total Payments

 

$

 

66,009

 

 

$

 

(5,232

)

 

$

 

60,777

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Present Value Adjustment

 

$

 

6,676

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

 

59,333

 

 

 

 

 

 

 

 

 

 

 

In accordance with ASC 840, the future minimum rental payments under the operating leases in place at December 31, 2018 are as follows:

 

Fiscal year ended

 

Operating Leases

 

 

Sublease Income

 

 

Net Minimum Payments

 

2019

 

$

 

19,742

 

 

$

 

(530

)

 

$

 

19,212

 

2020

 

 

 

13,836

 

 

 

 

(849

)

 

 

 

12,987

 

2021

 

 

 

8,682

 

 

 

 

(849

)

 

 

 

7,833

 

2022

 

 

 

8,471

 

 

 

 

(849

)

 

 

 

7,622

 

2023

 

 

 

7,090

 

 

 

 

(849

)

 

 

 

6,241

 

Thereafter

 

 

 

12,349

 

 

 

 

(1,273

)

 

 

 

11,076

 

Total

 

$

 

70,170

 

 

$

 

(5,199

)

 

$

 

64,971