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Leases (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Schedule of Components of Lease Expense The components of lease expense are as follows (in thousands):

 

 

Three months ended

 

 

Six months ended

 

 

June 30, 2019

 

 

June 30, 2019

 

Lease Cost

 

 

 

 

 

 

 

Operating lease cost

$

4,551

 

 

$

9,303

 

Short-term lease cost

 

328

 

 

 

622

 

Variable lease cost

 

240

 

 

 

359

 

Total lease cost

$

5,119

 

 

$

10,284

 

 

 

 

 

 

 

 

 

Other Information

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

Operating cash flows from operating leases

$

4,826

 

 

$

9,423

 

Right-of-use assets obtained in exchange for new lease obligations:

 

 

 

 

 

 

 

Operating leases

$

3,559

 

 

$

7,229

 

Weighted-average remaining lease term- operating leases

9.04 years

 

 

9.04 years

 

Weighted-average discount rate - operating leases

 

4.97

%

 

 

4.97

%

 

Schedule of Undiscounted Cash Flows for Non-cancellable Leases

Scheduled undiscounted cash flows for non-cancellable leases at June 30, 2019 consist of the following (in thousands):

 

 

Operating Leases

 

Remainder of 2019

$

8,231

 

2020

 

14,002

 

2021

 

11,524

 

2022

 

10,176

 

2023

 

8,651

 

Thereafter

 

42,339

 

Total undiscounted lease payments

$

94,923

 

Less:  Imputed Interest

 

(19,218

)

Total lease liabilities

$

75,705

 

Schedule of Minimum Rental Commitments Under Non-Cancellable Operating Leases

 

We adopted ASU 2017-06 using the cumulative effect transition method on January 1, 2019. As required, the following disclosure is provided for periods prior to adoption. Scheduled minimum rental commitments under non-cancellable operating leases at December 31, 2018, consist of the following (in thousands):

 

 

Operating Leases

 

2019

$

16,267

 

2020

 

12,572

 

2021

 

9,774

 

2022

 

7,955

 

2023

 

4,938

 

Thereafter

 

14,815

 

Total commitments

$

66,321