Leases (Tables)

3 Months Ended

Mar. 31, 2019

Other information related to the Company's lease arrangements is as follows:



	Three Months Ended March 31, 2019
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	3,302
ROU assets obtained in exchange for lease liabilities in non-cash transactions:
Operating lease assets obtained in exchange for operating lease liabilities	$	1,160
Weighted-average remaining lease term	3.74 years
Weighted-average discount rate⁽¹⁾	3.74		%

⁽¹⁾Discount rates used for existing operating leases upon adoption of Topic 842 were established based on remaining lease term as of January 1, 2019.

The Company's lease costs were as follows:

Leases recorded on the consolidated balance sheet consist of the following:



	March 31, 2019
	(in thousands)
Assets:
Operating lease right-of-use assets	$	27,997
Liabilities:
Current operating lease liabilities	10,980
Long-term operating lease liabilities	27,470
Total lease liabilities	$	38,450

Maturities of lease liabilities are as follows:



	As of March 31, 2019
	(in thousands)
2019 (remaining 9 months)	$	9,344
2020	10,671
2021	9,070
2022	8,818
2023	3,316
Thereafter	2
Total minimum lease payments	$	41,221
Less imputed interest	2,771
Present value of minimum lease payments	$	38,450

The following table discloses future minimum lease payments in accordance with Topic 840:



	As of December 31, 2018
	(in thousands)
2019 (net of minimum sublease rentals of $124)	$	12,509
2020	10,638
2021	9,258
2022	8,866
2023	3,514
Thereafter	—
Total	$	44,785