Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Components of Lease Expense and Supplemental Cash Flow and Additional Information

The components of lease expense were as follows:

	Three Months Ended
(In thousands)	March 31 2019
Finance leases:
Amortization expense	$	310
Interest on lease liabilities	4
Operating leases	4,608
Short-term leases	4,669
Variable lease expense	314
Total lease expense	$	9,905

Supplemental cash flow information related to leases was as follows:

	Three Months Ended
(In thousands)	March 31 2019
Cash paid for amounts included in the measurement of lease liabilities:
Cash flows from operating activities - Operating leases	$	4,670
Cash flows from financing activities - Finance leases	363
Right-of-use assets obtained in exchange for lease obligations:
Operating leases (a)	$	53,750
Finance leases	373

(a) Includes ROU assets of $53.0 million that were recorded upon adoption at January 1, 2019. Supplemental additional information related to leases is as follows:

	March 31 2019
Other information:
Weighted average remaining lease term - Operating leases (in years)	4.42
Weighted average remaining lease term - Finance leases (in years)	2.01
Weighted average discount rate - Operating leases	6.9	%
Weighted average discount rate - Finance leases	4.1	%

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows: 

(In thousands)	March 31 2019
Operating Leases:
Operating lease right-of-use assets	$	49,584
Other current liabilities	12,936
Operating lease liabilities	37,037
Finance Leases:
Property, plant and equipment, net	$	1,286
Current maturities of long-term debt	1,054
Long-term debt	945

Maturities of Operating Lease Liabilities

Maturities of lease liabilities were as follows:

(In thousand)	Operating Leases			Finance Leases
Year Ending December 31st:
2019 (excluding the three months ended March 31, 2019)	$	12,210		$	1,027
2020	12,943			631
2021	9,775			295
2022	7,563			117
2023	6,254			16
After 2023	21,576			2
Total lease payments	70,321			2,088
Less imputed interest	(20,348		)	(89		)
Total	$	49,973		$	1,999

Maturities of Finance Lease Liabilities

Maturities of lease liabilities were as follows:

(In thousand)	Operating Leases			Finance Leases
Year Ending December 31st:
2019 (excluding the three months ended March 31, 2019)	$	12,210		$	1,027
2020	12,943			631
2021	9,775			295
2022	7,563			117
2023	6,254			16
After 2023	21,576			2
Total lease payments	70,321			2,088
Less imputed interest	(20,348		)	(89		)
Total	$	49,973		$	1,999

Future Minimum Payments Under Operating Leases with Noncancelable Terms

As previously disclosed, under then in effect lease accounting in accordance with U.S. GAAP, future minimum payments under operating leases with noncancelable terms were as follows as of December 31, 2018:

(In thousands)
2019	$	13,985
2020	12,204
2021	9,448
2022	7,706
2023	6,201
After 2023	28,442