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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Components of Lease Expense
The components of lease expense were as follows:
 
 
  
 
 
  
Three Months Ended
 
  
Three Months Ended
 
 
  
Classification
 
  
June 30, 2020
 
  
June 30, 2019
 
Operating lease cost
  
 
Net occupancy expense        
 
  
$
 5,895
 
  
$
 4,886
 
Sublease income
  
 
Net occupancy expense
 
  
 
(189
  
 
(197
     
 
 
    
 
 
 
Net lease cost
  
  
$
5,706
 
  
$
4,689
 
     
 
 
    
 
 
 
 
 
  
 
 
  
  Six Months Ended  
 
  
   Six Months Ended   
 
 
  
Classification
 
  
June 30, 2020
 
  
June 30, 2019
 
Operating lease cost
  
 
Net occupancy expense        
 
  
$
10,961
  
$
 9,707
 
Sublease income
  
 
Net occupancy expense        
 
  
 
(394
  
 
(473
     
 
 
    
 
 
 
Net lease cost
  
  
$
10,567
 
  
$
9,234
 
     
 
 
    
 
 
 
Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases was as follows:
 
 
  
Classification
  
June 30, 2020
 
  
December 31, 2019
 
Operating lease
right-of-use
assets
  
Operating lease right-of-use assets        
  
$
70,655
  
$
 57,783
 
Operating lease liabilities
  
Operating lease liabilities
  
$
74,435
 
  
$
61,342
 
Other Information Related to Leases
Other information related to leases was as follows:
 
 
  
June 30, 2020
 
Weighted-average remaining lease term:
  
Operating leases
  
 
5.5 years
 
Weighted-average discount rate:
  
Operating leases
  
 
2.68
Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases was as follows:
 
 
  
Three Months Ended
 
 
  
June 30, 2020
 
  
June 30, 2019
 
Cash paid for amounts in the measurement of lease liabilities:
  
  
Operating cash flows from operating leases
  
$
 5,722
 
  
$
 4,931
 
ROU assets obtained in the exchange for lease liabilities
  
 
8,549
 
  
 
4,214
 
 
 
  
Six Months Ended
 
 
  
June 30, 2020
 
  
June 30, 2019
 
Cash paid for amounts in the measurement of lease liabilities:
  
  
Operating cash flows from operating leases
  
$
 10,739
 
  
$
 9,649
 
ROU assets obtained in the exchange for lease liabilities
  
 
12,332
 
  
 
4,416
 
Maturities of Lease Liabilities by Year
Maturities of lease liabilities by year and in the aggregate, under operating leases with initial or remaining terms of one year or more, for years subsequent to December 31, 2019, consists of the following as of June 30, 2020 and December 31, 2019:
 
 
  
Amount
 
Year
  
As of

June 30, 2020
 
  
As of

December 31, 2019
 
2020
  
$
 10,670
 
  
 
 17,725
 
2021
  
 
18,884
 
  
 
15,180
 
2022
  
 
14,782
 
  
 
11,522
 
2023
  
 
11,412
 
  
 
8,751
 
2024
  
 
7,264
 
  
 
5,127
 
Thereafter
  
 
16,909
 
  
 
8,190
 
  
 
 
    
 
 
 
Total lease payments
  
 
79,921
 
  
 
66,495
 
Less: imputed interest
  
 
(5,486
  
 
(5,153
  
 
 
    
 
 
 
Total
  
$
74,435
 
  
$
61,342