Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Schedule of Consolidated Balance Sheet Information and Supplemental Information

As of June 30, 2019, the following disclosures for remaining lease term and incremental borrowing rates were applicable:

Supplemental disclosure	June 30, 2019
Weighted average remaining lease term	12 years
Weighted average discount rate	3.3%

The following was included in our consolidated balance sheet as of June 30, 2019 (in thousands):

Leases	As of June 30, 2019
Assets
ROU operating lease assets	$	79,309
Liabilities
Short-term operating lease liabilities	$	11,732
Long-term operating lease liabilities	71,272
Total operating lease liabilities	$	83,004

Components of Lease Costs

We recognize lease expense on a straight-line basis over the term of the lease. The components of lease costs for the three and six months ended June 30, 2019 are as follows, in thousands:

		Three months ended			Six months ended
Lease Cost	Classification	June 30, 2019			June 30, 2019
Operating lease cost (a)	Selling, general and administrative expenses	$	4,172		$	8,398
Sublease (income) (b)	Selling, general and administrative expenses	(146		)	(292		)
Net lease cost		$	4,026		$	8,106

(a) Includes expense related to short-term leases and variable payments, which were not significant.

(b) Does not include rental revenue from leases of hardware consoles to customers, which was not significant.

Supplemental cash flow information for the six months ended June 30, 2019 is as follows:

	Six months ended
	June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities	$	7,267
Right-of-use assets obtained in exchange for lease obligations	$	2,927

Maturities of Operating Lease Liabilities

As of June 30, 2019, maturities of operating lease liabilities were as follows, in thousands:

Year ended December 31,	Amounts due under Operating Leases
Remaining 2019	$	7,064
2020	12,789
2021	11,762
2022	9,361
2023	7,381
Thereafter	53,588
Total lease payments	101,945
Less: Imputed interest	(18,941		)
Total	$	83,004

Schedule of Minimum Payments Under Operating Lease Agreements

As previously disclosed in our 2018 Form 10-K under the prior guidance of ASC 840, minimum payments under operating lease agreements as of December 31, 2018 were as follows, in thousands:

Year ended December 31,	Operating Leases
2019	$	13,421
2020	11,319
2021	9,995
2022	8,053
2023	6,953
Thereafter	52,754
Total minimum lease payments	$	102,495