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Leases (Tables)
9 Months Ended
Sep. 30, 2019
Lessee, Lease, Description [Line Items]  
Schedule of balance sheet location

 

 

 

 

 

    

September 30,

 

 

2019

Balance sheet location:

 

 

 

Operating Lease

 

 

 

Operating lease right-of-use assets, net

 

$

93,352

Current portion of operating lease liabilities

 

 

26,604

Operating lease liabilities, net of current portion

 

 

71,661

Finance Lease

 

 

 

  Finance lease right-of-use assets, net (included in property, plant and equipment, net)

 

 

28,394

Current portion of finance lease liabilities

 

 

15,172

Finance lease liabilities, net of current portion

 

 

24,159

 

Schedule of maturities of operating lease liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance

 

Operating

 

    

Leases

    

Leases

Remainder of 2019

 

$

6,554

 

$

8,469

2020

 

 

14,931

 

 

24,803

2021

 

 

11,587

 

 

19,707

2022

 

 

5,470

 

 

15,651

2023

 

 

2,847

 

 

11,721

2024 and thereafter

 

 

4,120

 

 

23,244

Total lease payments

 

 

45,509

 

 

103,595

Less: Imputed interest

 

 

6,178

 

 

5,380

Present value of lease liabilities

 

$

39,331

 

$

98,265

 

Schedule of maturities of finance lease liabilities

The following table summarizes maturities of finance and operating lease liabilities based on lease term as of September 30, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance

 

Operating

 

    

Leases

    

Leases

Remainder of 2019

 

$

6,554

 

$

8,469

2020

 

 

14,931

 

 

24,803

2021

 

 

11,587

 

 

19,707

2022

 

 

5,470

 

 

15,651

2023

 

 

2,847

 

 

11,721

2024 and thereafter

 

 

4,120

 

 

23,244

Total lease payments

 

 

45,509

 

 

103,595

Less: Imputed interest

 

 

6,178

 

 

5,380

Present value of lease liabilities

 

$

39,331

 

$

98,265

 

Schedule of future minimum payments due under non‐cancelable leases under ASC 840

 

 

 

 

 

 

 

 

 

 

Finance

 

Operating

 

 

 

Leases

    

Leases

2019

 

$

20,080

 

$

38,057

2020

 

 

11,851

 

 

29,346

2021

 

 

9,018

 

 

22,239

2022

 

 

4,169

 

 

16,782

2023

 

 

2,244

 

 

12,302

2024 and thereafter

 

 

3,617

 

 

18,874

Total minimum lease payments

 

$

50,979

 

$

137,600

Less: imputed interest

 

 

6,743

 

 

 

Total net minimum lease payments

 

 

44,236

 

 

 

Less: Current portion of obligations under finance leases

 

 

17,498

 

 

 

Long-term portion of obligations under finance leases

 

$

26,738

 

 

 

 

Schedule of cash paid and lease recognition

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

    

 

September 30, 2019

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

 

 

 

Operating cash flows from operating leases

 

$

28,831

Financing cash flows from finance leases

 

 

13,598

Right-of-use lease assets obtained in the exchange for lease liabilities:

 

 

 

Operating leases

 

 

3,894

Finance leases

 

 

9,352

 

ASU 2016-02  
Lessee, Lease, Description [Line Items]  
Schedule of new accounting standard adoption

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

Balance at

 

 

December 31,

 

Impact of

 

January 1,

 

 

2018

 

Lease Standard

 

2019

Total assets

 

$

1,639,782

 

$

102,651

 

$

1,742,433

Total current liabilities

 

 

432,722

 

 

25,304

 

 

458,026

Total long-term liabilities

 

 

1,820,788

 

 

79,703

 

 

1,900,491