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LEASES (Tables)

9 Months Ended

Sep. 30, 2019

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



	For the Three Months Ended September 30, 2019		For the Nine Months Ended September 30, 2019
Operating lease cost	$	14,056	$	41,406
Finance lease cost:
Amortization of ROU asset	245		735
Interest on lease liability	367		979
Total finance lease cost	612		1,714
Short-term lease cost	22,258		60,295
Variable lease cost	2,139		6,372
Total lease cost	$	39,065	$	109,787



Weighted Average Remaining Lease Term (years)	September 30, 2019
Operating leases	5.1
Finance leases	22.8
Weighted Average Discount Rate
Operating leases	5.33	%
Finance leases	4.99	%

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:	September 30, 2019
ROU assets:
Operating leases	$	164,302
Finance leases (included in property, plant and equipment, net)	30,276
Current portion of lease liabilities:
Operating leases	41,364
Finance leases (included in accrued expenses)	440
Long-term portion of lease liabilities:
Operating leases	122,668
Finance leases (included in deferred taxes, unrecognized tax benefits and other long-term liabilities)	32,228

Schedule of Operating Lease Maturity

At September 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 Leases
2019 (three months)	$	13,856		$	535
2020	48,577			2,194
2021	36,506			2,244
2022	28,814			2,297
2023	20,793			2,356
2024	13,930			2,411
Thereafter	27,697			51,151
Total future lease payments	190,173			63,188
Amount representing interest	(26,141		)	(30,520		)
Total lease liabilities	$	164,032		$	32,668

Schedule of Finance Lease Maturity

At September 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 Leases
2019 (three months)	$	13,856		$	535
2020	48,577			2,194
2021	36,506			2,244
2022	28,814			2,297
2023	20,793			2,356
2024	13,930			2,411
Thereafter	27,697			51,151
Total future lease payments	190,173			63,188
Amount representing interest	(26,141		)	(30,520		)
Total lease liabilities	$	164,032		$	32,668

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