Leases (Tables)

3 Months Ended

Mar. 31, 2019



	Three Months Ended
(in thousands)	March 31, 2019
Operating lease expense	$	3,781
Short-term lease expense(a)		16,571
		20,352
Less: Sublease income		259
Total lease expense	$	20,093

(a)

Short-term lease expense includes all leases with lease terms ranging from less than one month to one year. Short-term leases include, among other things, construction equipment rented on an as-needed basis as well as temporary housing.

Supplemental Financial Statement Information Related To Leases

The following table presents supplemental balance sheet information related to operating leases as of March 31, 2019:



		As of March 31,
(dollars in thousands)	Balance Sheet Line Item	2019
Assets
ROU assets	Other assets	$	41,977
Total lease assets		$	41,977
Liabilities
Current lease liabilities	Accrued expenses and other current liabilities	$	11,598
Long-term lease liabilities	Other long-term liabilities		33,341
Total lease liabilities		$	44,939
Weighted-average remaining lease term (in years)			5.1
Weighted-average discount rate			5.82%

The following table presents supplemental cash flow information and non-cash activity related to operating leases for the three months ended March 31, 2019:



	Three Months Ended
(in thousands)	March 31, 2019
Operating cash flow information:
Cash paid for amounts included in the measurement of lease liabilities	$	(3,765)
Non-cash activity:
ROU assets obtained in exchange for lease liabilities	$	1,798

Maturity of Leases Liabilities on an Undiscounted Basis



Year (in thousands)	Operating Leases
2019 (excluding the three months ended March 31, 2019)	$	10,513
2020		10,871
2021		7,636
2022		6,567
2023		5,587
Thereafter		11,662
Total lease payments		52,836
Less: Imputed interest		7,897
Total	$	44,939

Future Minimum Rent Payments under Non-Cancelable Operating Leases



Year (in thousands)	Operating Leases
2019	$	14,039
2020		10,706
2021		7,464
2022		6,567
2023		5,587
Thereafter		11,662
		56,025
Less: Sublease rental agreements		1,398
Total	$	54,627