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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Supplemental Cash Flow Information
Supplemental cash flow information related to leases consisted of the following (in thousands):
Three Months Ended
March 31,
20202019
Cash paid for operating lease liabilities$20,554  $16,728  
Right-of-use assets obtained in exchange for new operating lease liabilities$14,547  $10,517  
Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases consisted of the following:
March 31,
2020
December 31,
2019
Weighted average remaining lease term for operating leases4.8 years4.8 years
Weighted average discount rate for operating leases2.9 %3.0 %
Schedule of Future Minimum Lease Payments
Future minimum lease payments under non-cancellable leases as of March 31, 2020, were as follows (in thousands):
2020 (excluding the three months ended March 31, 2020)
$59,247  
202167,151  
202253,833  
202344,610  
202434,645  
Thereafter35,863  
Less: Imputed interest(19,463) 
Present value of operating lease liabilities (a)$275,886  
(a) Includes current portion of $71.3 million for operating leases.