Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Summary of Lease Costs

The components of lease costs for the three months ended March 31, 2020 and March 31, 2019 are as follows (in thousands):

	Three Months Ended
	March 31, 2020			March 31, 2019
Operating lease cost	$	17,271		$	18,285
Short-term lease cost		3,651			2,004
Amortization of right-of-use assets		254			225
Interest on lease liabilities		12			16
Sublease income		(880	)		(930	)
Total lease cost	$	20,308		$	19,600

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases for the three months ended March 31, 2020 and March 31, 2019 are as follows (in thousands):

	Three Months Ended
	March 31, 2020		March 31, 2019
Operating cash flows for operating leases	$	16,420	$	18,333
Operating cash flows for financing activities		25		16
Financing cash flows from finance leases		278		246
Right-of-use assets obtained in exchange for new operating lease liabilities		15,106		249,848
Right-of-use assets obtained in exchange for new finance lease liabilities	$	-	$	1,341

Schedule of Supplemental Balance Sheet and Other Information Related to Leases

Supplemental balance sheet and other information related to leases as of March 31, 2020 and December 31, 2019 are as follows (in thousands):

	March 31, 2020			December 31, 2019
Operating Leases:
Right-of-use assets	$	231,269		$	233,415
Lease liabilities:
Current	$	47,217		$	49,994
Long-term		206,760			203,624
Total operating lease liabilities	$	253,977		$	253,618
Finance Leases:
Other noncurrent assets	$	2,123		$	2,377
Accrued expenses and other current liabilities	$	1,056		$	1,075
Other long-term liabilities	$	943		$	1,202
Weighted Average Remaining Lease Term:
Operating leases	6 years			6 years
Finance leases	2 years			3 years
Weighted Average Discount Rate:
Operating leases		3.9	%		4.0	%
Finance leases		4.5	%		4.5	%

Schedule of Maturity Analysis of Future Undiscounted Cash Flows

A maturity analysis of the future undiscounted cash flows associated with the Company’s operating and finance lease liabilities as of March 31, 2020 is as follows (in thousands):

	Operating Leases			Finance Leases
2020	$	40,845		$	850
2021		57,697			870
2022		51,705			326
2023		44,759			48
2024		34,445			-
Thereafter		53,434			-
Total lease payments		282,885			2,094
Less: imputed interest		(28,908	)		(95	)
Total present value of lease liabilities	$	253,977		$	1,999