Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Summary of Leases Included in the Consolidated Balance Sheets

The following table summarizes the leases included in the consolidated balance sheets as follows:

(In thousands)	Balance Sheet  Location	September 30, 2019
Assets
Operating	Operating lease right-of-use asset	$	172,575
Finance	Property and equipment, net	16,085
Total lease assets		$	188,660
Liabilities
Current:
Operating	Current portion of lease obligations	$	29,519
Finance	Current portion of lease obligations	3,830
		$	33,349
Noncurrent:
Operating	Lease obligations	$	197,006
Finance	Lease obligations	18,245
		215,251
Total lease liabilities		$	248,600

Summary of Lease Costs

The following table summarizes the lease costs included in the condensed consolidated statement of income:

(In thousands)	Income Statement Location	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Operating lease costs	SG&A expenses	$	8,428	$	24,875
Finance lease costs:
Amortization of leased assets	Depreciation and amortization	590		1,964
Interest on lease liabilities	Net interest expense	610		1,932
Short term lease costs	SG&A expenses	162		3,036
Variable lease costs	SG&A expenses	289		767
Total net lease cost		$	10,079	$	32,574

Summary of Maturity of Operating Lease Liabilities

The following table summarizes the maturity of lease liabilities for operating and finance leases:

(In thousands)	Operating Leases		Finance Leases		Total
2019	$	10,042	$	1,627	$	11,669
2020	38,735		5,813		44,548
2021	32,446		4,339		36,785
2022	34,045		4,364		38,409
2023	34,590		4,390		38,980
Thereafter	122,817		9,559		132,376
Total lease payments	272,675		30,092		302,767
Less: Interest	46,150		8,017		54,167
Present value of lease liabilities	$	226,525	$	22,075	$	248,600

Summary of Maturity of Finance Lease Liabilities

The following table summarizes the maturity of lease liabilities for operating and finance leases:

(In thousands)	Operating Leases		Finance Leases		Total
2019	$	10,042	$	1,627	$	11,669
2020	38,735		5,813		44,548
2021	32,446		4,339		36,785
2022	34,045		4,364		38,409
2023	34,590		4,390		38,980
Thereafter	122,817		9,559		132,376
Total lease payments	272,675		30,092		302,767
Less: Interest	46,150		8,017		54,167
Present value of lease liabilities	$	226,525	$	22,075	$	248,600

Summary of Lease Information

The following table summarizes the weighted average remaining lease term and discount rate for operating and finance leases:

	September 30, 2019
Weighted average remaining lease term (years):
Operating leases	7.97
Finance leases	5.92
Weighted average discount rate:
Operating leases	4.75	%
Finance leases	10.40	%

Summary of Supplemental Cash Paid for Amounts in the Measurement of Lease Liabilities

The following table summarizes the supplemental cash paid for amounts in the measurement of lease liabilities:

	September 30, 2019
Operating cash flows from operating leases	$	19,688
Financing cash flows from finance leases	$	4,059