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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Schedule of Balances and Classification of Operating Lease Right-of-Use Assets and Operating Lease Liabilities within Condensed Consolidated Balance Sheet

The balances and classification of operating lease right-of-use assets and operating lease liabilities within the Condensed Consolidated Balance Sheet is as follows:

 

(in thousands)

 

 

March 31, 2020

 

December 31, 2019

 

Balance Sheet

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

Operating lease right-of-use assets

Operating lease assets

 

$

193,591

 

$

184,288

 

Total Assets

 

 

 

193,591

 

 

184,288

 

Liabilities:

 

 

 

 

 

 

 

 

Current operating lease liabilities

Accrued expenses and other liabilities

 

 

43,352

 

 

43,415

 

Non-current operating lease liabilities

Operating lease liabilities

 

 

176,748

 

 

167,855

 

Total Liabilities

 

 

$

220,100

 

$

211,270

 

Schedule of Components of Lease Cost for Operating Leases

The components of lease cost for operating leases for the three months ended March 31, 2020 were:

 

(in thousands)

Three months ended

March 31, 2020

 

 

Three months ended

March 31, 2019

 

Operating leases:

 

 

 

 

 

 

 

Lease cost

$

12,968

 

 

$

12,088

 

Variable lease cost

 

845

 

 

 

713

 

Short-Term lease cost

 

128

 

 

 

 

Operating lease cost

$

13,941

 

 

$

12,801

 

Sublease income

 

(268

)

 

 

 

Total lease cost net

$

13,673

 

 

$

12,801

 

Schedule of Weighted Average Remaining Lease Term and Weighted Average Discount Rate for Operating Leases

The weighted average remaining lease term and the weighted average discount rate for operating leases as of March 31, 2020 were:

 

Weighted-average remaining lease term

 

 

6.01

 

Weighted-average discount rate

 

 

3.63

 

Schedule of Maturities of Operating Lease Liabilities

Maturities of the operating lease liabilities by fiscal year at March 31, 2020 for the Company's operating leases are as follows:

 

(in thousands)

 

Operating Leases

 

2020 (Remainder)

 

$

37,172

 

2021

 

 

48,817

 

2022

 

 

41,138

 

2023

 

 

34,417

 

2024

 

 

26,685

 

Thereafter

 

 

58,148

 

Total undiscounted lease payments

 

 

246,377

 

Less: Imputed interest

 

 

26,277

 

Present value of lease payments

 

$

220,100

 

Schedule of Supplemental Cash Flow Information

Supplemental cash flow information for operating leases:

 

(in thousands)

Three months ended

March 31, 2020

 

 

Three months ended

March 31, 2019

 

Cash paid for amounts included in measurement of liabilities

 

 

 

 

 

 

 

Operating cash flows from operating leases

$

13,001

 

 

$

12,311

 

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

   liabilities

$

19,158

 

 

$

2,439