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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases  
Schedule of Balance sheet information related to leases

 

 

 

 

 

 

(in thousands)

    

Classification

    

As of December 31, 2019

Assets

 

 

 

 

 

Operating lease right-of-use assets

 

Operating lease right-of-use assets

 

$

110,559

Finance lease right-of-use assets

 

Other assets

 

 

1,488

Total lease assets

 

 

 

$

112,047

Liabilities

 

 

 

 

 

Current

 

 

 

 

 

Operating

 

Current portion of operating lease liabilities

 

$

34,342

Finance

 

Current portion of long-term debt

 

 

370

Noncurrent

 

 

 

 

 

Operating

 

Operating lease liabilities

 

 

88,418

Finance

 

Long-term debt, less current portion

 

 

1,135

Total lease liabilities

 

 

 

$

124,265

 

Schedule of lease expense

 

 

 

 

 

 

For the Year Ended

(in thousands)

    

2019

Operating lease cost

 

$

44,081

Finance lease cost

 

 

 

Amortization of right-of-use assets

 

 

312

Interest on lease liabilities

 

 

28

Sublease income

 

 

(240)

Short-term lease cost

 

 

613

Variable lease cost

 

 

5,476

Total lease cost

 

$

50,270

 

Schedule of maturities of our lease liabilities

 

 

 

 

 

 

 

 

 

 

 

    

Finance

    

Operating

    

 

 

(in thousands)

 

Leases

 

Leases

 

Total Leases

2020

 

 

422

 

 

38,972

 

 

39,394

2021

 

 

355

 

 

34,384

 

 

34,739

2022

 

 

267

 

 

26,416

 

 

26,683

2023

 

 

185

 

 

17,797

 

 

17,982

2024

 

 

148

 

 

10,530

 

 

10,678

Thereafter

 

 

289

 

 

8,975

 

 

9,264

Total lease payments

 

 

1,666

 

 

137,074

 

 

138,740

Imputed interest

 

 

(161)

 

 

(14,314)

 

 

(14,475)

Total

 

$

1,505

 

$

122,760

 

$

124,265

 

Schedule of weighted average lease term and discount rates

 

 

 

 

 

    

As of December 31, 2019

 

Weighted average remaining lease term (years)

 

  

 

Operating leases

 

3.98

 

Finance leases

 

5.17

 

Weighted average discount rate

 

  

 

Operating leases

 

5.29

%

Finance leases

 

4.01

%

 

Schedule of supplemental cash flow information

 

 

 

 

 

 

For the Year Ended

(in thousands)

    

December 31, 2019

Cash flows for amounts included in the measurement of lease liabilities:

 

 

  

Operating cash flows from operating leases

 

$

44,111

Operating cash flows from finance leases

 

 

28

Financing cash flows from finance leases

 

 

325

Right-of-use assets obtained in exchange for lease obligations:

 

 

  

Operating leases

 

 

46,254

Finance leases

 

 

1,245

 

Schedule of future minimum rental payments, by year and in the aggregate, under operating and financing obligations

 

 

 

 

 

 

 

 

 

Operating

 

Capital

(in thousands)

    

Leases

    

Leases

 

 

 

 

 

 

 

2019

 

$

39,378

 

$

249

2020

 

 

29,641

 

 

175

2021

 

 

21,303

 

 

109

2022

 

 

14,479

 

 

28

2023

 

 

9,193

 

 

Thereafter

 

 

10,008

 

 

 

 

$

124,002

 

$

561