Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information for leases was as follows (in thousands):

	As of June 30, 2019
Lease assets:
Finance lease right-of-use assets, net:
Property and equipment, gross	$	373,867
Accumulated depreciation	(45,412		)
Property and equipment, net	328,455
Operating lease right-of-use assets	720,854
Total lease assets	$	1,049,309
Lease liabilities:
Finance lease liabilities:
Current portion of debt	$	24,573
Long-term debt	218,106
Total finance lease liabilities	242,679
Operating lease liabilities:
Current portion of operating lease liabilities	92,523
Long-term operating lease liabilities	644,088
Total operating lease liabilities	736,611
Total lease liabilities	$	979,290

Schedule of Lease Expense and Cash Flow Information

The components of lease expense were as follows (in thousands):

	Consolidated Statement of Comprehensive Income (Loss) Classification	Quarter Ended June 30, 2019		Six Months Ended June 30, 2019
Lease costs:
Operating lease costs	Commission, transportation and other	$	19,057	$	38,113
Operating lease costs	Other operating expenses	6,930		13,861
Operating lease costs	Marketing, selling and administrative expenses	5,018		10,225
Finance lease costs:
Amortization of right-of-use-assets	Depreciation and amortization expenses	5,529		8,724
Interest on lease liabilities	Interest expense, net of interest capitalized	1,570		2,166
Total lease costs		$	38,104	$	73,089

Supplemental cash flow information related to leases is as follows (in thousands):

	Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	63,221
Operating cash flows from finance leases	$	2,166
Financing cash flows from finance leases	$	14,607
Supplemental noncash information:
Right-of-use assets obtained in exchange for lease obligations:
Finance leases	$	122,237

Schedule of Lease Terms and Discount Rates

Weighted average of the remaining lease terms and weighted average discount rates are as follows:

	As of June 30, 2019
Weighted average of the remaining lease term
Operating leases	10.7 years
Finance leases	28.6 years
Weighted average discount rate
Operating leases	4.65	%
Finance leases	4.40	%

Schedule of Maturities, Operating Leases

As of June 30, 2019, maturities related to lease liabilities were as follows (in thousands):

Year	Operating Leases			Finance Leases
Remainder of 2019	$	61,702		$	23,619
2020	122,781			43,411
2021	110,025			45,934
2022	103,561			22,832
2023	101,442			11,891
Thereafter	492,551			414,104
Total lease payments	992,062			561,791
Less: Interest	(255,451		)	(319,112		)
Present value of lease liabilities	$	736,611		$	242,679

Under ASC 840, Leases, future minimum lease payments under noncancelable operating leases as of December 31, 2018 were as follows (in thousands):

Year
2019	$	67,682
2020	64,237
2021	56,142
2022	52,759
2023	52,522
Thereafter	383,974
	$	677,316

Schedule of Maturities, Financial Leases

As of June 30, 2019, maturities related to lease liabilities were as follows (in thousands):

Year	Operating Leases			Finance Leases
Remainder of 2019	$	61,702		$	23,619
2020	122,781			43,411
2021	110,025			45,934
2022	103,561			22,832
2023	101,442			11,891
Thereafter	492,551			414,104
Total lease payments	992,062			561,791
Less: Interest	(255,451		)	(319,112		)
Present value of lease liabilities	$	736,611		$	242,679