Leases Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule Of Future Principal Debt Payments and Minimum Lease Payments Under Non-Cancelable Operating And Capital Leases

Such arrangements represent further commitments of approximately $97.8 million as follows:

Year	Commitments
	(In thousands)
2020	$	27,496
2021	25,831
2022	22,713
2023	21,734
2024	—
Thereafter	—
Total	$	97,774

Lease, Cost

The lease cost recognized in our Condensed Consolidated Statement of Income in the category of General and Administrative, is summarized as follows:

	December 31, 2019
	(In thousands)
Operating Lease Cost	$	8,613
Finance Lease Cost:
Amortization of Lease Assets	121
Interest on Lease liabilities	36
Finance Lease Cost	157
Sublease Income	(654		)
Total Net Lease Cost	$	8,116

Other Operating and Finance Lease Information

As of December 31, 2019, the maturity of lease liabilities under Topic 842 are as follows:

Year	Operating Leases			Financing Leases			Total
	(In thousands)
2020	$	7,289		$	201		$	7,490
2021	5,293			190			5,483
2022	3,768			160			3,928
2023	2,900			99			2,999
2024	1,591			77			1,668
Thereafter	1,591			—			1,591
Total	22,432			727			23,159
Less: present value discount*	(3,281		)	(87		)	(3,368		)
Present value of lease liabilities	19,151			640			19,791
Less: current portion of lease liabilities	(5,955		)	(164		)	(6,119		)
Total long-term lease liabilities	$	13,196		$	476		$	13,672
* The discount rate used was the relevant incremental borrowing rate in each of the jurisdictions wherein the leased properties are located

Other information about lease amounts recognized in our Condensed Consolidated Statement of Income is summarized as follows:

	December 31, 2019
Weighted Average Lease Term - Operating Leases	3.90 years
Weighted Average Lease Term - Finance Leases	4.02 years
Weighted Average Discount Rate - Operating Leases	8.44	%
Weighted Average Discount Rate - Finance Leases	7.28	%

Schedule of Future Minimum Rental Payments for Operating Leases

Commitments for minimum rentals under non-cancellable leases, under the legacy guidance in ASC 840 as of December 31, 2018 were as follows:

Year	Operating Leases			Financing Leases
	(In thousands)
2019	$	34,189		$	266
2020	32,093			96
2021	26,675			89
2022	23,355			67
2023	21,890			15
Thereafter	3,299			—
Total	$	141,501		$	533
Less: sublease income	(1,091		)
Net lease payments	$	140,410
Less: amount representing interest				(63		)
Present value of obligations under financing leases				$	470
Less: current portion				(239		)
Long-term obligations				$	231

Schedule of Future Minimum Lease Payments for Capital Leases

Commitments for minimum rentals under non-cancellable leases, under the legacy guidance in ASC 840 as of December 31, 2018 were as follows:

Year	Operating Leases			Financing Leases
	(In thousands)
2019	$	34,189		$	266
2020	32,093			96
2021	26,675			89
2022	23,355			67
2023	21,890			15
Thereafter	3,299			—
Total	$	141,501		$	533
Less: sublease income	(1,091		)
Net lease payments	$	140,410
Less: amount representing interest				(63		)
Present value of obligations under financing leases				$	470
Less: current portion				(239		)
Long-term obligations				$	231