XML 43 R33.htm IDEA: XBRL DOCUMENT v3.19.2
Lessee Leases - (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Minimum Future Payments on Non-Cancelable Operating Leases
The maturity schedule of future minimum lease payments under operating leases and the reconciliation to the operating lease liabilities reported on the Condensed Consolidated Balance Sheets was as follows:
 
June 30,
2019
 
(In thousands)
Remaining six months of 2019
$
7,239

2020
13,458

2021
12,866

2022
11,802

2023
8,409

Thereafter
27,809

Total operating lease payments
$
81,583

Present value adjustment
(16,060
)
Total operating lease liabilities (1)
$
65,523

 _________________________________________________
(1) 
Amount consists of a current and long-term portion of operating lease liabilities of $10.3 million and $55.2 million, respectively. The short-term portion of the operating lease liabilities is included in accrued liabilities in the Condensed Consolidated Balance Sheets.
Minimum Future Payments on Non-Cancelable Operating Leases Prior To ASC 842 Adoption
Prior to the adoption of the new lease accounting standard, the maturity schedule of future minimum lease payments under operating leases was as follows:
 
December 31,
2018
 
(In thousands)
2019
$
14,153

2020
13,104

2021
12,729

2022
11,809

2023
8,334

Thereafter
27,289

Total minimum future lease payments
$
87,418


Lease Costs
The following table summarizes supplemental cash flow information related to the Company’s operating leases for the six months ended June 30, 2019:
 
Six months ended June 30, 2019
 
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities
$
7,391

Right-of-use assets obtained in exchange for new lease liabilities
557


The following table summarizes the weighted-average remaining lease term and weighted-average discount rate related to the Company’s operating leases as of June 30, 2019:
 
June 30,
2019
Weighted-average remaining lease term, years
6.8

Weighted-average discount rate, %
6.4
%