LEASES (Tables)

6 Months Ended

Jun. 30, 2020

LEASES [Abstract]

Components of Lease Expense

For the three months and six months ended June 30, 2020, the components of lease expense were as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Operating lease cost	$	7,815	$	7,708	$	15,627	$	15,295
Short-term lease cost		215		297		509		668
Variable lease cost		1,514		1,547		3,046		3,128
Total lease cost *	$	9,544	$	9,552	$	19,182	$	19,091

* Sublease income was immaterial

Supplemental Information Related to Leases

Supplemental information related to leases was as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Cash paid for amounts included in the measurement of operating lease liabilities (in thousands)	$	6,555	$	7,686	$	14,345	$	15,392
Right-of-use assets obtained in exchange for new operating lease liabilities (in thousands) *	$	7,535	$	8,629	$	19,075	$	98,514

* Includes the right-of-use assets obtained in exchange for lease liabilities of $82.6 million which were recognized upon adoption of ASC Topic 842 at January 1, 2019.

Future Lease Payments for Operating Leases

The aggregate future lease payments for operating leases as of June 30, 2020 were as follows (in thousands):

Fiscal Year	Amount
2020 (excluding the six months ended June 30, 2020)	$	15,568
2021		26,363
2022		20,565
2023		14,968
2024		9,439
2025 and therafter		10,288
Total lease payments	$	97,191
Less: imputed  interest		6,359
Total operating lease liabilities	$	90,832

Average Lease Terms and Discount Rates

Average lease terms and discount rates were as follows:

	Three Months Ended June 30, 2020			Six Months Ended June 30, 2020
Weighted-average remaining lease term - Operating leases	4.21 Years			4.21 Years
Weighted-average discount rate - Operating leases		3.2	%		3.2	%