Leases (Tables)

6 Months Ended

Jun. 30, 2019

Lease Position as of June 30, 2019

The table below presents the lease-related assets and liabilities recorded on the condensed consolidated balance sheet (in thousands):

	June 30, 2019
Assets
Real Estate	$	236,377
Select Express Drive Partner Program		110,650
Total operating lease right-of-use assets	$	347,027
Liabilities
Current
Real Estate	$	36,538
Select Express Drive Partner Program		55,920
Total current operating lease liabilities		92,458
Noncurrent
Real Estate		231,262
Select Express Drive Partner Program		63,902
Total noncurrent operating lease liabilities		295,164
Total operating lease liabilities	$	387,622
Weighted-average remaining lease term (years)
Real Estate		6.3
Select Express Drive Partner Program		2.0
Weighted-average discount rate⁽¹⁾
Real Estate		6.8	%
Select Express Drive Partner Program		6.5	%

(1)	Upon adoption of the new lease standard, discount rates used for existing leases were established at January 1, 2019.

Schedule of Lease Costs of Operating Leases

The table below presents certain information related to the lease costs for operating leases (in thousands):

	Three Months Ended June 30, 2019						Six Months Ended June 30, 2019
	Real Estate		Select Express Drive Partner Program		Total Operating Leases		Real Estate		Select Express Drive Partner Program		Total Operating Leases
Operating lease cost	$	13,816	$	11,459	$	25,275	$	26,974	$	21,840	$	48,814
Short-term lease cost		2,199		—		2,199		3,932		—		3,932
Variable lease cost		1,943		1,353		3,296		3,306		2,990		6,296
Total lease cost	$	17,958	$	12,812	$	30,770	$	34,212	$	24,830	$	59,042

Schedule of Operating Lease Liabilities

The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the lease liabilities recorded on the condensed consolidated balance sheet as of June 30, 2019 (in thousands):

	Real Estate			Select Express Drive Partner Program			Total Leases
2019, remainder	$	28,541		$	28,319		$	56,860
2020		60,100			57,930			118,030
2021		58,083			32,276			90,359
2022		52,769			10,691			63,460
2023		37,809			—			37,809
Thereafter		103,468			—			103,468
Total minimum lease payments		340,770			129,216			469,986
Less: amount of lease payments representing interest		(72,970	)		(9,394	)		(82,364	)
Present value of future minimum lease payments		267,800			119,822			387,622
Less: current obligations under leases		(36,538	)		(55,920	)		(92,458	)
Long-term lease obligations	$	231,262		$	63,902		$	295,164

Future Minimum Lease Payments

As of December 31, 2018, the future minimum lease payments required under noncancelable operating leases as defined under the previous accounting guidance of ASC Topic 840 were as follows (in thousands):

	Real Estate		Select Express Drive Partner Program		Total Operating Leases
2019	$	51,221	$	30,129	$	81,350
2020		53,380		34,597		87,977
2021		52,794		6,439		59,233
2022		48,813		—		48,813
2023 and Thereafter		133,670		—		133,670
Total minimum lease payments	$	339,878	$	71,165	$	411,043