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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Lease Costs and Supplemental Cash Flow Information Related to Leases
The following table presents the lease costs and supplemental cash flow information related to our operating leases:
(dollars in thousands)
 
Three months ended March 31, 2019
Operating lease costs
 
$
3,961

Short-term lease costs (1)
 
880

Total lease costs
 
$
4,841

(1) Includes variable lease costs which are immaterial.
 
 
 
 
 
Cash paid for operating leases included in the measurement of lease liabilities
 
$
3,945

ROU assets obtained in exchange for lease liabilities
 
$
69,562

Reconciliation of Undiscounted Cash Flows to the Operating Lease Liability
The following table reconciles the undiscounted cash flows to the operating lease liabilities recorded on the balance sheet:
(dollars in thousands)
 
March 31, 2019
2019 (remainder of year)
 
$
11,162

2020
 
13,753

2021
 
10,304

2022
 
9,120

2023
 
8,507

2024 and thereafter
 
22,866

Total minimum lease payments
 
75,712

Less: interest
 
(9,541
)
Present value of future minimum lease payments
 
66,171

Less: lease liabilities (current portion)
 
(12,499
)
Noncurrent lease liabilities
 
$
53,672

Future Minimum Rental Payments Under Operating Leases
As presented in our 2018 Form 10-K, the future minimum rental commitments under ASC 840 for non-cancelable operating leases as of December 31, 2018, was as follows (dollars in thousands):
2019
 
2020
 
2021
 
2022
 
2023
 
2024 and
thereafter
 
$15,407
 
$13,787
 
$10,339
 
$9,143
 
$8,551
 
$20,755