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LEASES (Tables)

6 Months Ended

Jun. 30, 2019



Weighted Average Remaining Lease Term (years)	June 30, 2019
Operating leases	5.2
Finance lease	23.0
Weighted Average Discount Rate
Operating leases	5.34	%
Finance lease	5.25	%

The Company’s lease expense was as follows (in thousands):



	For the Three Months Ended June 30, 2019		For the Six Months Ended June 30, 2019
Operating lease cost	$	13,988	$	27,350
Finance lease cost:
Amortization of ROU asset	245		490
Interest on lease liability	291		612
Total finance lease cost	536		1,102
Short-term lease cost	18,323		38,037
Variable lease cost	2,991		4,233
Total lease cost	$	35,838	$	70,722

Supplemental Lease Balance Sheet Information

Other information related to leases was as follows (in thousands, except lease term and discount rate):



Supplemental Lease Balance Sheet Information:	June 30, 2019
ROU assets:
Operating leases	$	173,504
Finance lease (included in property, plant and equipment, net)	22,537
Current portion of lease liabilities:
Operating leases	42,564
Finance lease (included in accrued expenses)	399
Long-term portion of lease liabilities:
Operating leases	130,704
Finance lease (included in deferred taxes, unrecognized tax benefits and other long-term liabilities)	23,701

Schedule of Operating Lease Maturity

At June 30, 2019, the Company's future lease payments under non-cancelable leases that have lease terms in excess of one year were as follows (in thousands):



Years Ending December 31,	Operating Leases			Finance Lease
2019 (six months)	$	27,763		$	871
2020	47,602			1,777
2021	35,959			1,813
2022	28,374			1,849
2023	20,388			1,886
2024	13,930			1,923
Thereafter	27,429			40,636
Total future lease payments	201,445			50,755
Amount representing interest	(28,177		)	(26,655		)
Total lease liabilities	$	173,268		$	24,100

Schedule of Finance Lease Maturity

At June 30, 2019, the Company's future lease payments under non-cancelable leases that have lease terms in excess of one year were as follows (in thousands):



Years Ending December 31,	Operating Leases			Finance Lease
2019 (six months)	$	27,763		$	871
2020	47,602			1,777
2021	35,959			1,813
2022	28,374			1,849
2023	20,388			1,886
2024	13,930			1,923
Thereafter	27,429			40,636
Total future lease payments	201,445			50,755
Amount representing interest	(28,177		)	(26,655		)
Total lease liabilities	$	173,268		$	24,100

Summary of Future Minimum Payments Under Operating Leases

The following is a summary of future minimum payments under operating leases that have initial or remaining non-cancelable lease terms in excess of one year at December 31, 2018 (in thousands):



Year	Total Operating Leases
2019	$	56,480
2020	45,467
2021	33,564
2022	24,509
2023	15,253
Thereafter	35,778
Total minimum lease payments	$	211,051