Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Lease ROU Assets and Liabilities

Lease ROU assets and liabilities at December 31, 2019 were as follows:

(amounts in thousands)	Balance Sheet Location	December 31, 2019
Assets:
Operating	Operating lease assets, net	$	202,053
Finance	Property and equipment, net (1)	4,045
Total lease assets		$	206,098
Liabilities:
Current:
Operating	Accrued expense and other current liabilities	$	45,254
Finance	Current maturities of long-term debt	1,280
Noncurrent:
Operating	Operating lease liability	164,026
Finance	Long-term debt	2,820
Total lease liability		$	213,380

(1)

Finance lease assets are recorded net of accumulated depreciation of $1.5 million as of December 31, 2019.

Schedule of Components of Lease Expense

The components of lease expense for the year ended December 31, 2019 were as follows:

(amounts in thousands)
Operating	$	54,535
Short term	11,543
Variable	3,806
Low value	1,738
Finance	90
Total lease costs	$	71,712

	December 31, 2019
Weighted average remaining lease terms (years):
Operating	6.7
Finance	3.7
Weighted average discount rate:
Operating	4.7%
Finance	4.4%

Schedule of Future Minimum Lease Payment Obligations under Capital Leases

Future minimum lease payment obligations under operating and capital leases are as follows:

	December 31, 2019
(amounts in thousands)	Operating Leases (1)		Finance Leases		Total
2020	$	53,894	$	1,451	$	55,345
2021	43,854		1,143		44,997
2022	35,945		783		36,728
2023	30,014		699		30,713
2024	23,630		428		24,058
Thereafter	59,244		—		59,244
Total lease payments	246,581		4,504		251,085
Less: Interest	37,301		404		37,705
Present value of lease liability	$	209,280	$	4,100	$	213,380

(1)

Operating lease payments include $15.4 million related to options to extend lease terms that are reasonably certain of being exercised.

Schedule of Future Minimum Lease Payment Obligations under Operating Leases

Future minimum lease payment obligations under operating and capital leases are as follows:

	December 31, 2019
(amounts in thousands)	Operating Leases (1)		Finance Leases		Total
2020	$	53,894	$	1,451	$	55,345
2021	43,854		1,143		44,997
2022	35,945		783		36,728
2023	30,014		699		30,713
2024	23,630		428		24,058
Thereafter	59,244		—		59,244
Total lease payments	246,581		4,504		251,085
Less: Interest	37,301		404		37,705
Present value of lease liability	$	209,280	$	4,100	$	213,380

(1)

Operating lease payments include $15.4 million related to options to extend lease terms that are reasonably certain of being exercised.

Schedule of Operating Lease Future Minimum Lease Payments Before Adoption

Future minimum lease payment obligations under operating and capital leases are as follows:

	December 31, 2018
(amounts in thousands)	Operating Leases		Capital Leases (1)		Total
2019	$	49,128	$	862	$	49,990
2020	43,794		826		44,620
2021	30,885		561		31,446
2022	24,020		237		24,257
2023	19,352		225		19,577
Thereafter	33,943		23,968		57,911
Total future minimum lease payment obligations	$	201,122	$	26,679	$	227,801

⁽¹⁾ As of December 31, 2018, capital leases included maturities of approximately $24.5 million related to a build-to-suit lease that transitioned to an operating lease under the new leasing standard.

Schedule of Capital Lease Future Minimum Lease Payments Before Adoption

Future minimum lease payment obligations under operating and capital leases are as follows:

	December 31, 2018
(amounts in thousands)	Operating Leases		Capital Leases (1)		Total
2019	$	49,128	$	862	$	49,990
2020	43,794		826		44,620
2021	30,885		561		31,446
2022	24,020		237		24,257
2023	19,352		225		19,577
Thereafter	33,943		23,968		57,911
Total future minimum lease payment obligations	$	201,122	$	26,679	$	227,801

⁽¹⁾ As of December 31, 2018, capital leases included maturities of approximately $24.5 million related to a build-to-suit lease that transitioned to an operating lease under the new leasing standard.