Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Components of lease expense, and lease assets and liabilities

The components of lease expense were as follows:

		Year Ended
(in thousands)		December 31, 2019
Finance lease cost:
	Amortization of right-of-use assets (included in depreciation expense)		$	711
	Interest on lease liabilities			548
Operating lease cost				17,014
Short-term lease cost				566
Variable lease cost				1,899
	Total lease cost		$	20,738
Other information:
	Cash paid for amounts included in the measurement of lease liabilities:
	Operating cash flows used for finance lease		$	578
	Operating cash flows used for operating leases		$	15,169
	Financing cash flows used for finance lease		$	1,168
	Right-of-use assets obtained in exchange for new operating lease liabilities		$	15,501

The lease assets and liabilities as of December 31, 2019 were as follows (in thousands):

	December 31,
			2019
Finance lease right-of-assets (included in other assets)		$	2,311
Operating lease right-of-use assets		$	76,859
Finance liability, current (included in current installments of long-term debt)		$	1,325
Finance lease liability, noncurrent (included in long-term debt)		$	3,654
Operating lease liabilities, current (included in accrued liabilities)		$	11,043
Operating lease liabilities, noncurrent		$	67,898
Weighted average remaining lease term – finance leases		3.5 years
Weighted average remaining lease term – operating leases		10.2 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 December 31, 2019 were as follows (in thousands):

		Operating			Finance
Year ending December 31,			Leases		Leases
	2020	$	14,552	$	1,781
	2021		12,168		1,816
	2022		10,399		1,853
	2023		9,751		465
	2024		8,585		—
	2025 and thereafter		46,016		—
	Total minimum lease payments	$	101,471	$	5,915
	Less: imputed interest		(22,530)		(936)
	Present value of lease liabilities	$	78,941	$	4,979

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