LEASES (Tables)

3 Months Ended

Mar. 31, 2019

LEASES

Summary of components of lease expense

The components of lease expense were as follows (in thousands):

		Three months ended March 31,2019
Operating lease cost:
Operating lease cost	$	3,516
Short-term lease cost		713
Variable lease cost		961
Total operating lease cost	$	5,190
Finance lease cost:
Amortization of right-of-use asset	$	593
Variable costs		296
Total finance lease cost	$	889

Summary of weighted-average remaining lease term and discount rate

The weighted average remaining lease terms and discount rates as of March 31, 2019 are noted in the table below:

Weighted average remaining lease term
Operating leases	7.3 years
Financing leases	12.1 years
Weighted average discount rate
Operating leases	4.9%
Financing leases	n/a

Summary of maturities of lease liabilities

Maturities of lease liabilities as of March 31, 2019 were as follows (in thousands):

		Operating Leases
2019 (excluding the three months ended March 31, 2019)	$	8,356
2020		12,746
2021		11,591
2022		10,816
2023		10,097
Thereafter		27,319
Total lease payments		80,925
Less imputed interest		(13,739)
Total	$	67,186

Summary of maturities of lease liabilities as of December 31, 2018

Maturities of lease liabilities as of December 31, 2018 were as follows (in thousands):

		Operating Leases
2019	$	11,801
2020		12,650
2021		11,491
2022		10,713
2023		9,990
Thereafter		27,325
Total lease payments	$	83,970