The Company leases the majority of its office facilities as well as certain equipment, all of which are accounted for as operating leases. These leases have remaining terms ranging from less than 1 year to approximately 10 years. Some leases include options to extend the lease for up to 5 years and others include options to terminate.

The following table summarizes the components of lease cost recognized in the condensed consolidated statements of operations for the three and nine months ended October 26, 2019 (dollars in thousands):



	For the Three Months Ended		For the Nine Months Ended
	October 26, 2019		October 26, 2019
Lease cost under long-term operating leases	$	8,388	$	25,095
Lease cost under short-term operating leases	8,641		25,662
Variable lease cost under short-term and long-term operating leases⁽¹⁾	933		3,182
Total lease cost	$	17,962	$	53,939

⁽¹⁾Variable lease cost primarily includes insurance, maintenance, and other operating expenses related to the Company’s leased office facilities.

The Company’s operating lease liabilities related to long-term operating leases were $69.0 million as of October 26, 2019. Supplemental balance sheet information related to these liabilities is as follows:



	October 26, 2019
Weighted average remaining lease term	3.3 years
Weighted average discount rate	5.3	%

Supplemental cash flow information related to the Company’s long-term operating lease liabilities as of October 26, 2019 is as follows (dollars in thousands):



	For the Three Months Ended		For the Nine Months Ended
	October 26, 2019		October 26, 2019
Cash paid for amounts included in the measurement of lease liabilities	$	8,271	$	23,076
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	$	6,486	$	19,777

As of October 26, 2019, maturities of the Company’s lease liabilities under its long-term operating leases for the next five fiscal years and thereafter are as follows (dollars in thousands):



Fiscal Year	Amount
Remainder of 2020	$	7,553
2021	27,405
2022	18,906
2023	10,435
2024	6,369
Thereafter	5,086
Total lease payments	75,754
Less: imputed interest	(6,798		)
Total	$	68,956

As of October 26, 2019, the Company had additional operating leases that have not yet commenced of $3.1 million. These leases will commence during the fourth quarter of fiscal 2020.

As of January 26, 2019, the future minimum obligation by fiscal year for the Company’s operating leases with original noncancelable terms in excess of one year was as follows (dollars in thousands):



Fiscal Year	Amount
2020	$	28,415
2021	20,166
2022	12,919
2023	6,686
2024	4,342
Thereafter	3,675
Total	$	76,203

See Note 2, Significant Accounting Policies and Estimates, for further information on the Company’s accounting policy for leases and Note 3, Accounting Standards, for further information on the Company’s adoption of ASU 2016-02.