Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Summary of Components of Lease Expense

The components of lease expense were as follows (in thousands):

	Quarter Ended			Six Months Ended
	June 30, 2019			June 30, 2019
Operating lease expense	$	5,864		$	11,163
Variable lease expense		1,284			2,207
Short-term lease expense		151			291
Sublease income		(421	)		(833	)
Total net lease expense	$	6,878		$	12,828

Summary of Other Information Related to Operating Leases

Other information related to leases was as follows (in thousands, except term and discount rate):

	Six Months Ended
	June 30, 2019
Supplemental Cash Flows Information:
Cash paid for amounts included in the measurement of operating lease liabilities	$	11,016
Right-of-use assets obtained in exchange for new operating lease liabilities		21,452
Weighted-average remaining lease term – operating leases	59 months
Weighted-average discount rate – operating leases		4.60	%

Summary of Future Minimum Lease Payments Under Non-cancellable Operating Leases

Future minimum lease payments under non-cancelable leases as of June 30, 2019 were as follows (in thousands):

2019 (excluding the six months ended June 30, 2019)	$	14,154
2020		24,743
2021		24,136
2022		18,248
2023		12,015
Thereafter		20,104
Total future minimum lease payments (1)		113,400
Less:  Interest (2)		(13,128	)
Total	$	100,272
Current operating lease liabilities	$	22,279
Non-current operating lease liabilities		77,993
Total	$	100,272

(1) For leases commencing prior to 2019, minimum lease payments exclude payments for real estate taxes and non-lease components.  

(2) We used our in-country, currency adjusted incremental borrowing rate for the discount rate for the leases at adoption date, and will use the same approach for all leases commencing thereafter.