Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Summary of Lessee Assets and Liabilities

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

(In thousands)	Balance Sheet Location	December 31, 2019
Assets
Operating	Operating lease right-of-use assets	$	170,056
Finance	Property and equipment, net	15,713
Total lease assets		$	185,769
Liabilities
Current:
Operating	Current portion of lease obligations	$	30,171
Finance	Current portion of lease obligations	3,788
		33,959
Noncurrent:
Operating	Lease obligations	193,570
Finance	Lease obligations	17,477
		211,047
Total lease liabilities		$	245,006

Summary of Lease Costs

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

(In thousands)	Income Statement Location	December 31, 2019
Operating lease costs	SG&A expenses	$	33,184
Finance lease costs:
Amortization of leased assets	Depreciation and amortization	2,472
Interest on lease liabilities	Net interest expense	2,513
Short term lease costs	SG&A expenses	3,309
Variable lease costs	SG&A expenses	1,068
Total net lease costs		$	42,546

Summary of Maturity of Lease Liabilities for Operating Leases

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

(In thousands)	Operating Leases		Finance Leases		Total
2020	$	39,446	$	5,863	$	45,309
2021	32,681		4,389		37,070
2022	34,330		4,416		38,746
2023	34,915		4,442		39,357
2024	34,391		4,469		38,860
Thereafter	92,963		5,197		98,160
Total lease payments	268,726		28,776		297,502
Less: Interest	44,990		7,506		52,496
Present value of lease liabilities	$	223,736	$	21,270	$	245,006

Summary of Maturity of Lease Liabilities for Financing Leases

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

(In thousands)	Operating Leases		Finance Leases		Total
2020	$	39,446	$	5,863	$	45,309
2021	32,681		4,389		37,070
2022	34,330		4,416		38,746
2023	34,915		4,442		39,357
2024	34,391		4,469		38,860
Thereafter	92,963		5,197		98,160
Total lease payments	268,726		28,776		297,502
Less: Interest	44,990		7,506		52,496
Present value of lease liabilities	$	223,736	$	21,270	$	245,006

Summary of Lease Information

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

	December 31, 2019
Weighted average remaining lease term (years):
Operating leases	7.7
Finance leases	5.9
Weighted average discount rate:
Operating leases	4.8	%
Finance leases	10.5	%

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:

	December 31, 2019
Operating cash flows from operating leases	$	26,758
Financing cash flows from finance leases	$	5,115