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Leases (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2019
 
Six months ended June 30, 2019
Operating lease costs
 
$
3,972

 
$
7,933

Short-term lease costs (1)
 
938

 
1,818

Total lease costs
 
$
4,910

 
$
9,751

(1) Includes variable lease costs which are immaterial.
 
 
 
 
 
 
 
 
 
Cash paid for operating leases included in the measurement of lease liabilities
 
 
 
$
7,847

ROU assets obtained in exchange for lease liabilities
 
 
 
$
73,041

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)
 
June 30, 2019
2019 (remainder of year)
 
$
7,850

2020
 
14,432

2021
 
10,966

2022
 
9,742

2023
 
9,096

2024 and thereafter
 
23,884

Total minimum lease payments
 
75,970

Less: interest
 
(9,420
)
Present value of future minimum lease payments
 
66,550

Less: lease liabilities (current portion)
 
(12,800
)
Noncurrent lease liabilities
 
$
53,750

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