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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Components of Lease Expense

The components of lease expense are set forth in the table below:

 

 

 

Three Months Ended

 

 

March 31, 2019

Operating lease expense

 

$

3,704

Finance lease expense:

 

 

 

Amortization of assets

 

 

244

Interest on lease liabilities

 

 

15

Short-term lease expense

 

 

36

Variable lease expense

 

 

618

Total lease expense

 

$

4,617

Supplemental Balance Sheet Information Related to Leases

The table below sets forth supplemental balance sheet information related to leases:

 

 

 

March 31, 2019

Operating leases:

 

 

Operating lease ROU assets

 

$64,277

 

 

 

Current operating lease liabilities

 

11,738

Noncurrent operating lease liabilities

 

34,817

Total operating lease liabilities

 

$46,555

 

 

 

Finance leases:

 

 

Finance lease ROU assets

 

$3,395

Accumulated amortization

 

(1,191)

Finance lease ROU assets, net

 

$2,204

 

 

 

Current finance lease liabilities

 

$1,012

Non-current finance lease liabilities

 

818

Total finance lease obligations

 

$1,830

 

 

 

Weighted average remaining lease term (in years):

 

 

Operating leases

 

5.0

Finance leases

 

1.9

 

 

 

Weighted average discount rate:

 

 

Operating leases

 

3.8%

Finance leases

 

3.7%

Supplemental Cash Flow and Other Information Related to Leases

 


The table below sets forth supplemental cash flow and other information related to leases:

 

 

Three Months Ended

 

 

March 31, 2019

Cash paid for the amounts included in the measurements of lease liabilities:

 

 

Operating cash outflows from operating leases

 

$4,277

Operating cash outflows from finance leases

 

15

Financing cash outflow from finance leases

 

293

 

 

 

ROU assets obtained in exchange for lease liabilities incurred:

 

 

Operating leases

 

86

Schedule of Operating and Finance Lease Liability Maturities

The table below sets forth information about lease liability maturities:

 

 

March 31, 2019

 

 

Operating Leases

 

Finance Leases

Remainder of 2019

 

$10,079

 

$821

2020

 

12,756

 

922

2021

 

8,765

 

139

2022

 

7,486

 

2023

 

4,662

 

2024

 

2,491

 

2025 and thereafter

 

5,028

 

Total lease payments

 

51,267

 

1,882

Less: imputed interest

 

(4,712)

 

(52)

Total lease obligations

 

46,555

 

1,830

Less: current obligations

 

(11,738)

 

(1,012)

Long-term lease obligations

 

$34,817

 

$818