Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Components of lease expense, and lease assets and liabilities

The components of lease expense were as follows:

		Three Months Ended				Nine Months Ended
(in thousands)		September 30, 2019
Finance lease cost:
	Amortization of right-to-use assets (included in depreciation expense)		$	178			$	534
	Interest on lease liabilities			135				422
Operating lease cost				4,181				12,861
Short-term lease cost				131				452
Variable lease cost				595				1,391
	Total lease cost		$	5,220			$	15,660
					Nine Months Ended
					September 30, 2019
Other information:
	Cash paid for amounts included in the measurement of lease liabilities:
	Operating cash flows used for finance lease						$	444
	Operating cash flows used for operating leases						$	11,142
	Financing cash flows used for finance lease						$	864
	Right-to-use assets obtained in exchange for new operating lease liabilities						$	15,282

The lease assets and liabilities as of September 30, 2019 were as follows (in thousands):

	September 30,
			2019
Finance lease right-of-assets (included in other assets)		$	2,489
Operating lease right-of-use assets		$	79,854
Finance liability, current (included in current installments of long-term debt)		$	1,284
Finance lease liability, noncurrent (included in long-term debt)		$	4,000
Operating lease liability, current (included in other accrued liabilities)		$	11,394
Operating lease liability, noncurrent		$	70,167
Weighted average remaining lease term – finance leases		3.8 years
Weighted average remaining lease term – operating leases		10.3 years
Weighted average discount rate – finance leases			10.1%
Weighted average discount rate – operating leases			4.7%

Future annual minimum lease payments and finance lease commitments

Future annual minimum lease payments and finance lease commitments as of September 30, 2019 were as follows (in thousands):

		Operating			Finance
Year ending December 31,			Leases		Leases
	2019 (remaining three months)	$	4,006	$	439
	2020		14,359		1,781
	2021		12,075		1,816
	2022		10,339		1,853
	2023		9,709		465
	2024 and thereafter		54,454		—
	Total minimum lease payments	$	104,942	$	6,354
	Less: imputed interest		(23,381)		(1,070)
	Present value of lease liabilities	$	81,561	$	5,284

Future annual minimum lease payments and capital lease commitments in effect as of December 31, 2018 having a noncancelable term in excess of one year as determined prior to the adoption of ASU 842 were as follows (in thousands):

			Operating		Capital
Year ending December 31,			Leases		Leases
	2019	$	15,272	$	1,746
	2020		14,518		1,781
	2021		12,203		1,816
	2022		10,466		1,853
	2023		9,890		465
	Thereafter		47,868		—
	Total minimum lease payments	$	110,217	$	7,661
	Less: amount representing interest				(1,514)
	Present value of minimum lease payments				6,147
	Less: current installments				(1,168)
	Capital lease obligations, less current installments			$	4,979