XML 102 R32.htm IDEA: XBRL DOCUMENT

Leases (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Occupancy Expense and Supplemental Cash Flow Information Related to Operating Leases

Our lease expense is a component of "Occupancy expense" on our condensed consolidated statements of earnings (loss). The following table presents the components of lease expense for the periods indicated:



	Three Months Ended
	March 31,
	2020			2019
	(In thousands)
Operating lease expense:
Fixed costs	$	8,245		$	8,302
Variable costs	13			24
Short-term lease costs	92			520
Sublease income	(1,016		)	(1,126		)
Net lease expense	$	7,334		$	7,720

Schedule of Cash Flow, Supplemental Disclosures

The following table presents supplemental cash flow information related to leases for the periods indicated:



	Three Months Ended
	March 31,
	2020		2019
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	8,236	$	8,242
ROU assets obtained in exchange for lease obligations:
Operating leases	$	4,560	$	147,972

Schedule of Supplemental Balance Sheet Information Related to Operating Leases

The following table presents supplemental balance sheet and other information related to operating leases as of the dates indicated:



	March 31, 2020			December 31, 2019
	(Dollars in thousands)
Operating leases:
Operating lease right-of-use assets, net	$	124,897		$	129,301
Operating lease liabilities	$	142,654		$	145,354

Weighted average remaining lease term (in years)	5.9			6.1
Weighted average discount rate	2.77		%	2.82		%

Schedule of Maturities of Operating Leases

The following table presents the maturities of operating lease liabilities as of the date indicated:



	March 31, 2020
	(In thousands)
Period ending December 31,
2020	$	25,163
2021	31,675
2022	25,859
2023	22,992
2024	15,729
2025 and thereafter	34,522
Total operating lease liabilities	155,940
Less: Imputed interest	(13,286		)
Present value of operating lease liabilities	$	142,654

Schedule of Payments to be Received on Operating Leases

The following table presents the rental payments to be received on operating leases as of the date indicated:



	March 31, 2020
	(In thousands)
Period ending December 31,
2020	$	31,434
2021	39,086
2022	33,046
2023	25,554
2024	20,903
2025 and thereafter	37,283
Total undiscounted cash flows	$	187,306