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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Schedule of Future minimum lease payments under non-cancelable operating leases
Future minimum lease payments under non-cancelable operating leases (with initial lease terms in excess of one year) as of June 30, 2020 are:
 
As of June 30, 2020
Maturity of Lease Liabilities (in thousands)
Operating Leases (1)
Remainder of 2020
$
26,198

2021
42,182

2022
29,304

2023
20,294

2024
13,105

Thereafter
26,319

Total lease payments
$
157,402

Less: imputed interest
(3,754)

Present value of lease liabilities
$
153,648

(1)    Operating lease payments reflect the Company's current fixed obligations under the operating lease agreements. Certain ATM site leases contain termination options that grant the Company the option to terminate the lease prior to the stated term of the agreement. The Company includes the future minimum lease payments for these ATM site leases only to the extent that the termination option is not reasonably certain to be exercised.


Schedule of Lease expense recognized in the Consolidated Statements of Income
Lease expense recognized in the Consolidated Statements of Income is summarized as follows:









Lease Expense (in thousands)
Income Statement Classification

Three Months Ended
June 30, 2020

Three Months Ended
June 30, 2019

Six Months Ended June 30, 2020



Six Months Ended June 30, 2019

Operating lease expense
Selling, general and administrative and Direct operating costs

$
21,045

$
33,113

$
54,233

$
63,573
Short-term and variable lease expense
Selling, general and administrative and Direct operating costs

 
12,281


12,320

20,961


18,889
Total lease expense
 

$
33,326

$
45,433

$
75,194

$
82,462
Schedule of Other information about lease amounts recognized in the consolidated financial statements
Other information about lease amounts recognized in the consolidated financial statements is summarized as follows:
Lease Term and Discount Rate of Operating Leases
 
As of June 30, 2020
Weighted- average remaining lease term (years)
 
4.8

Weighted- average discount rate
 
2.1
%
Schedule ofsupplemental cash flow and non-cash information related to leases.
The following table presents supplemental cash flow and non-cash information related to leases.



Other Information (in thousands)
 
Six Months Ended
June 30, 2020

Six Months Ended
June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities (a)
 
$
53,869


$
62,935
Supplemental non-cash information on lease liabilities arising from obtaining ROU assets
 
 



ROU assets obtained in exchange for new operating lease liabilities
 
$
52,764


$
157,914
(a) Included in Net cash provided by operating activities on the Company's Consolidated Statements of Cash Flows.