Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Lease, Cost

The supplementary cash and non-cash disclosures for the nine months ended September 30, 2019 are as follows (in thousands):

	Nine Months Ended September 30, 2019
Cash paid for operating lease liabilities	$	14,556
Right-of-use assets obtained in exchange for new operating lease obligations 1	$	94,534
Weighted-average remaining lease term (years)	7.69
Weighted-average discount rate	4.80		%
1 Includes $55.9 million for operating leases existing on January 1, 2019

Lessee, Operating Lease, Liability, Maturity

Maturities of lease liabilities as of September 30, 2019 were as follows (in thousands):

2020	$	18,404
2021	17,687
2022	13,971
2023	12,866
2024	11,927
Thereafter	40,645
Total lease payments	115,500
Less imputed interest	(20,556		)
Present value of lease liabilities	$	94,944