XML 11 R15.htm IDEA: XBRL DOCUMENT v3.20.1
Leases
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Leases Leases

We have operating leases for office space, data centers and certain equipment. Our leases have remaining lease terms of 1 year to 20 years, some of which may include options to extend the leases for up to 5 years, and some of which may include options to terminate the leases within 1 year. Operating lease costs recognized in our condensed consolidated statements of operations for the three months ended March 31, 2020 and 2019 totaled $5.6 million and $3.4 million, including short-term lease costs of $0.2 million and $0.1 million, respectively.

Other information related to our operating leases was as follows:
(in thousands, except lease term and discount rate)
 
As of 
March 31, 
2020
 
As of 
December 31, 
2019
 
 
 
 
 
Balance Sheet Information
 
 
 
 
  Right-of-use assets
 
$
135,138

 
$
138,640

  Other current liabilities
 
15,170

 
16,168

  Operating lease liabilities
 
121,947

 
123,739

Weighted Average Remaining Lease Term
 
 
 
 
       Operating leases
 
11.95 years

 
12.09 years

Weighted Average Discount Rate
 
 
 
 
       Operating leases
 
5.27
%
 
5.29
%


 
 
Three Months Ended 
March 31,
(in thousands)
 
2020
 
2019
 
 
 
 
 
Supplemental Cash Flows Information
 
 
 
 
    Cash paid for amounts included in the measurement of lease liabilities
 
$
5,031

 
$
3,471

    Right-of-use assets obtained in exchange for lease obligations
 
929

 




Future minimum lease payments under non-cancellable operating leases as of March 31, 2020 were as follows:
(in thousands)
 
Operating
Leases
 
 
 
Remainder of 2020
 
$
18,072

2021
 
13,553

2022
 
16,755

2023
 
16,886

2024
 
15,612

Thereafter
 
105,413

  Total future minimum lease payments
 
186,291

Less: Imputed interest
 
(49,174
)
    Total
 
$
137,117