Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.19.3.a.u2
Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of lease expense and other supplemental information
Other supplemental information related to leases for the year ended December 31, 2019 is as follows (in thousands):
 
Year Ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows from operating leases
$
21,375

Operating cash flows from finance leases
192

Financing cash flows from finance leases
1,503

Right-of-use assets obtained in exchange for lease obligations:
 
Operating leases
$
5,548

Finance leases
3,721


 
December 31, 2019
Weighted-average remaining lease term:
 
Operating leases
3.4 years

Finance leases
4.1 years

Weighted-average discount rate:
 
Operating leases
4.4
%
Finance leases
4.3
%
Lease expense consisted of the following for the year ended December 31, 2019 (in thousands):
 
Year Ended December 31, 2019
Operating lease expense
$
21,643

Short-term lease expense
682

Finance lease expense:
 
Amortization of right-of-use assets
1,134

Interest on lease liabilities
192

Total lease expense
$
23,651

Schedule of lease assets and liabilities
Supplemental balance sheet information related to leases as of December 31, 2019 is as follows:
 
December 31, 2019
Operating leases:
 
Operating lease right-of-use assets
$
43,446

Current operating lease liability
16,432

Long-term operating lease liability
27,102

Finance leases:
 
Property and equipment, net
$
5,111

Accrued expenses and other current liabilities
1,365

Other liabilities
3,856

Schedule of future minimum lease payments for capital leases
Maturities of lease liabilities as of December 31, 2019 are as follows (in thousands):
 
Operating Leases
 
Finance Leases
2020
$
17,948

 
$
1,563

2021
13,181

 
1,254

2022
8,747

 
1,221

2023
4,353

 
1,214

2024
1,721

 
441

Thereafter
881

 

Total lease payments
46,831

 
5,693

Less: Present value discount
3,297

 
472

Present value of lease payments
$
43,534

 
$
5,221

Schedule of future minimum rental payments for operating leases
Maturities of lease liabilities as of December 31, 2019 are as follows (in thousands):
 
Operating Leases
 
Finance Leases
2020
$
17,948

 
$
1,563

2021
13,181

 
1,254

2022
8,747

 
1,221

2023
4,353

 
1,214

2024
1,721

 
441

Thereafter
881

 

Total lease payments
46,831

 
5,693

Less: Present value discount
3,297

 
472

Present value of lease payments
$
43,534

 
$
5,221