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Leases (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Components of Lease Expense

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

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30, 2019

 

September 30, 2019

Operating lease expense

 

$

3,671

 

$

11,148

Finance lease expense:

 

 

 

 

 

 

Amortization of assets

 

 

244

 

 

733

Interest on lease liabilities

 

 

11

 

 

39

Short-term lease expense

 

 

89

 

 

223

Variable lease expense

 

 

681

 

 

2,101

Total lease expense

 

$

4,696

 

$

14,244

Supplemental Balance Sheet Information Related to Leases

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

 

 

 

September 30, 2019

Operating leases:

 

 

Operating lease ROU assets

 

$60,217

 

 

 

Current operating lease liabilities

 

12,235

Noncurrent operating lease liabilities

 

29,920

Total operating lease liabilities

 

$42,155

 

 

 

Finance leases:

 

 

Finance lease ROU assets

 

$3,396

Accumulated amortization

 

(1,680)

Finance lease ROU assets, net

 

$1,716

 

 

 

Current finance lease liabilities

 

$896

Non-current finance lease liabilities

 

367

Total finance lease liabilities

 

$1,263

 

 

 

Weighted average remaining lease term (in years):

 

 

Operating leases

 

4.6

Finance leases

 

1.5

 

 

 

Weighted average discount rate:

 

 

Operating leases

 

3.8%

Finance leases

 

3.6%

Supplemental Cash Flow and Other Information Related to Leases

 

 

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

 

 

 

Nine Months Ended

 

 

September 30, 2019

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

 

 

Operating cash outflows from operating leases

 

$14,728

Operating cash outflows from finance leases

 

39

Financing cash outflow from finance leases

 

912

 

 

 

ROU assets obtained in exchange for lease liabilities incurred:

 

 

Operating leases

 

3,611

Schedule of Operating and Finance Lease Liability Maturities

The table below sets forth information about lease liability maturities:

 

 

 

September 30, 2019

 

 

Operating Leases

 

Finance Leases

Remainder of 2019

 

$

3,535

 

$

230

2020

 

 

13,410

 

 

922

2021

 

 

9,476

 

 

139

2022

 

 

8,028

 

 

-

2023

 

 

4,437

 

 

-

2024

 

 

2,370

 

 

-

2025 and thereafter

 

 

4,785

 

-

Total lease payments

 

 

46,041

 

 

1,291

Less: imputed interest

 

 

(3,886)

 

 

(28)

Total lease obligations

 

 

42,155

 

 

1,263

Less: current obligations

 

 

(12,235)

 

 

(896)

Long-term lease obligations

 

$

29,920

 

$

367