LEASES (Tables)

9 Months Ended

Sep. 30, 2019

LEASES

Schedule of operating leased assets and liabilities

(in thousands)	Classification on the Consolidated Balance Sheet	September 30, 2019
Assets:
Operating lease assets	Operating lease right-of-use assets	$	35,556
Liabilities:
Current – operating leases	Current portion of operating leases	$	11,066
Non-current – operating leases	Long-term operating lease liabilities		30,165
Total lease liabilities		$	41,231

During the quarter ended September 30, 2019, the Company recorded an impairment totaling $4.6 million representing the acceleration of depreciation on the remaining balance of the ROU assets related to leased real estate locations that have been abandoned. The Company has not terminated these leases and continues to carry the present value of lease liability related to these payments.

Schedule of operating lease expense

	Classification on the Consolidated	Three months ended		Nine months ended
(in thousands)	Statements of Operations	September 30, 2019		September 30, 2019
Operating lease cost	Cost of revenues	$	1,777		5,649
Short-term lease cost	Cost of revenues		932		3,325
Variable lease cost	Cost of revenues		2		3
Operating lease cost	Selling, general and administrative expenses	$	1,839		5,845
Short-term lease cost	Selling, general and administrative expenses		593		2,116
Variable lease cost	Selling, general and administrative expenses		336		391
Sublease income	Selling, general and administrative expenses		(18)		(54)
Total lease cost		$	5,461		17,275

Schedule of lease cost

Other information:
Cash paid for amounts included in the measurement of lease liabilities – operating leases (in thousands)	$	10,291
ROU assets obtained in exchange for operating lease liabilities (in thousands)	$	7,207
Weighted average remaining lease term – operating leases		5.4	years
Weighted average discount rate – operating leases		3.74	%

Schedule of maturity of lease liabilities

	Operating
Maturity of lease liabilities (in thousands)	Leases
2019 (excluding the nine months ended September 30, 2019)	$	3,371
2020		11,770
2021		9,385
2022		6,369
2023		3,914
Thereafter		10,886
Total lease payments		45,695
Less: Amounts representing interest		(4,464)
Present value of lease liabilities	$	41,231