Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Summary of Other Lease Information

Other information related to our leases is as follows:

	March 31,		December 31,
(Amounts in thousands)	2020		2019
Operating Leases:
ROU assets recorded under operating leases	$	224,627	$	220,865
Accumulated amortization associated with operating leases	(42,163)		(34,647)
Total operating leases ROU assets, net	$	182,464	$	186,218
Liabilities recorded under operating leases (current)	$	36,841	$	36,108
Liabilities recorded under operating leases (non-current)	147,031		151,523
Total operating leases liabilities	$	183,872	$	187,631
Finance Leases:
ROU assets recorded under finance leases	$	19,761	$	19,606
Accumulated depreciation associated with finance leases	(7,952)		(7,551)
Total finance leases ROU assets, net(1)	$	11,809	$	12,055
Total finance leases liabilities(2)	$	11,700	$	11,788
The costs components of operating and finance leases are as follows:
	March 31,
(Amounts in thousands)	2020		2019
Operating Lease Costs:
Fixed lease expense(3)	$	14,470	$	15,209
Variable lease expense(3)	2,172		1,575
Total operating lease expense	$	16,642	$	16,784
Finance Lease Costs:
Depreciation of finance lease ROU assets(3)	$	1,305	$	1,157
Interest on lease liabilities(4)	233		78
Total finance lease expense	$	1,538	$	1,235

_____________________

(1) Included in property plant and equipment, net.

(2) Included in debt due within one year and long-term debt due after one year, accordingly.

(3) Included in cost of sales and selling, general and administrative expense, accordingly.

(4) Included in interest expense.

Schedule of Supplemental Cash Flows Information

Supplemental cash flows information as of and for the three months ended:

	March 31,
(Amounts in thousands, except lease term and discount rate)	2020			2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases(1)	$	17,493		$	16,736
Financing cash flows from finance leases(2)	724			1,124
ROU assets obtained in exchange for lease obligations:
Operating leases	$	802		$	2,922
Finance leases	1,411			3,580
Weighted average remaining lease term (in years)
Operating leases	9 years			9 years
Finance leases	3 years			3 years
Weighted average discount rate (percent)
Operating leases	4.5		%	4.5		%
Finance leases	3.5		%	3.6		%

_____________________

(1) Included in our condensed consolidated statement of cash flows, operating activities, prepaid expenses and other assets, net and retirement obligations and other.

(2) Included in our condensed consolidated statement of cash flows, financing activities, payments under other financing arrangements.

Schedule of Future Finance Lease Payments

Future undiscounted lease payments under operating and finance leases as of March 31, 2020 were as follows (amounts in thousands):

Year ending December 31,	Operating Leases		Finance Leases
2020 (excluding the three months ended March 31, 2020)	$	31,199	$	3,899
2021	34,324		4,056
2022	28,631		2,741
2023	23,441		1,384
2024	18,316		335
Thereafter	85,691		55
Total future minimum lease payments	$	221,602	$	12,470
Less: Imputed interest	(37,730)		(770)
Total	$	183,872	$	11,700
Other current liabilities	$	36,841	$	—
Operating lease liabilities	147,031		—
Debt due within one year	—		4,653
Long-term debt due after one year	—		7,047
Total	$	183,872	$	11,700

Schedule of Future Operating Lease Payments

Future undiscounted lease payments under operating and finance leases as of March 31, 2020 were as follows (amounts in thousands):

Year ending December 31,	Operating Leases		Finance Leases
2020 (excluding the three months ended March 31, 2020)	$	31,199	$	3,899
2021	34,324		4,056
2022	28,631		2,741
2023	23,441		1,384
2024	18,316		335
Thereafter	85,691		55
Total future minimum lease payments	$	221,602	$	12,470
Less: Imputed interest	(37,730)		(770)
Total	$	183,872	$	11,700
Other current liabilities	$	36,841	$	—
Operating lease liabilities	147,031		—
Debt due within one year	—		4,653
Long-term debt due after one year	—		7,047
Total	$	183,872	$	11,700