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Lease Commitments
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Lease Commitments
Lease Commitments

The Company is the lessee in various noncancellable operating leases for land, buildings, and equipment. Certain leases contain provisions for variable lease payments that are linked to the consumer price index. Lease cost for the three months ended March 31, 2019 consists of:
 
 
Three Months Ended
(In thousands)
 
March 31, 2019
Operating lease cost
 
$
1,405

Variable lease cost
 
306

Short-term lease cost
 
229

Sublease income
 
(128
)
Total lease cost
 
$
1,812



The following table provides supplemental information related to leases as of and for the three months ended March 31, 2019:
(In thousands, except for weighted average data)
 
March 31, 2019
Operating lease right-of-use assets
 
$
28,052

Operating lease liabilities
 
32,270

Cash paid for amounts included in the measurement of operating lease liabilities
 
1,512

Right-of-use assets obtained in exchange for new operating lease obligations
 

Weighted average remaining lease term for operating leases
 
9 years

Weighted average discount rate for operating leases
 
4.69
%


The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If, at lease inception, the Company considers the exercising of a renewal option to be reasonably certain, the Company includes the extended term in the calculation of the lease liability. Maturities of lease liabilities as of March 31, 2019 are as follows:

(In thousands)
 
 
Twelve Months Ended March 31,
 
 
2020
 
$
5,902

2021
 
5,114

2022
 
4,698

2023
 
3,907

2024
 
3,445

Thereafter
 
17,027

Total undiscounted cash flows
 
40,093

Less: Net present value adjustment
 
(7,823
)
Total
 
$
32,270