Leases

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Leases

LEASES

The Company leases certain warehouses, office spaces, land, vehicles and equipment under operating lease agreements. The remaining terms of these leases range from less than 1 year to 46 years. The operating lease expense for the three months ended March 31, 2019 was $1,669. The cash paid for amounts included in the measurement of lease liabilities included in the operating cash flows from operating leases was $1,870 for the three months ended March 31, 2019. The Company does not have any finance lease arrangements.

The Company's operating lease assets and lease liabilities consist of the following as of March 31, 2019:

Account	Classification	Amount
Right-of-use assets	Other assets	$	24,290
Short-term lease liabilities	Accrued expenses and other liabilities	5,001
Long-term lease liabilities	Deferred income taxes and other long-term liabilities	19,170
Total lease liabilities		$	24,171

The table below presents the future minimum lease payments to be made under non-cancelable operating leases as of December 31, 2018:

Years ending December 31,
2019	$	6,314
2020	4,603
2021	3,358
2022	2,596
2023	2,078
Thereafter	11,340
Total	$	30,289

The table below presents the maturities of operating lease liabilities as of March 31, 2019:

2019 (a)	$	5,626
2020	4,190
2021	3,193
2022	2,437
2023	1,867
Thereafter	10,916
Total future minimum lease payments	28,229
Less: imputed interest	(4,058)
Present value of lease liabilities	$	24,171

(a) For the nine-month period beginning April 1, 2019

Other information relevant to the Company's operating leases consist of the following as of March 31, 2019:

Weighted-average remaining lease term	10 years
Weighted-average discount rate	3.52	%