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Operating Leases (Tables)
3 Months Ended
Mar. 31, 2020
Lessee Disclosure [Abstract]  
Schedule of Net Lease Cost

The table below summarizes our net lease cost for the three months ended March 31, 2020 and 2019 (in thousands):

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

Operating lease cost

 

$

24,395

 

 

$

22,346

 

Short-term lease cost

 

 

476

 

 

 

360

 

Variable lease cost

 

 

15

 

 

 

6

 

Sublease income

 

 

(908

)

 

 

(1,272

)

Net lease cost

 

$

23,978

 

 

$

21,440

 

The table below summarizes other information related to our operating leases as of and for the three months ended March 31, 2020 (in thousands):

Operating lease cash flows

 

$

23,956

 

Weighted-average remaining lease term

 

11.5 years

 

Weighted-average discount rate

 

 

4.56

%

Schedule of Information About Operating Lease Liabilities

The table below presents information about operating lease liabilities as of March 31, 2020, (in thousands, except percentages).

Remainder of 2020

 

$

69,890

 

2021

 

 

85,042

 

2022

 

 

83,314

 

2023

 

 

82,885

 

2024

 

 

81,792

 

Thereafter

 

 

529,185

 

Total undiscounted lease payments

 

 

932,108

 

Imputed interest

 

 

(223,606

)

Total operating lease liabilities

 

$

708,502