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LEASES (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information of Leases
Leases
 
Balance Sheet Classification
 
June 30, 2019
 
 
 
 
(In thousands)
Assets:
 
 
 
 
Right-of-use assets
 
Right-of-use assets
 
$
180,290


 
 
 

Liabilities:
 
 
 
 
Current lease liabilities
 
Accrued expenses and other current liabilities
 
32,635

Long-term lease liabilities
 
Other long-term liabilities
 
201,708

Total lease liabilities
 
 
 
$
234,343


Schedule of Lease Cost and Other Information
 
Three Months Ended June 30, 2019
 
Six Months Ended June 30, 2019
 
(In thousands)
Other Information:
 
 
 
Right-of-use assets obtained in exchange for lease liabilities
$
24,888

 
$
53,158

Cash paid for amounts included in the measurement of lease liabilities
$
10,539

 
$
23,714


Lease Cost
 
Income Statement Classification
 
Three Months Ended June 30, 2019
 
Six Months Ended June 30, 2019
 
 
 
 
(In thousands)
Fixed lease cost
 
Cost of revenue
 
$
1,131

 
$
2,206

Fixed lease cost
 
Selling and marketing expense
 
3,002

 
4,911

Fixed lease cost
 
General and administrative expense
 
9,400

 
16,590

Fixed lease cost
 
Product development expense
 
282

 
600

Total fixed lease cost (a)
 
 
 
13,815

 
24,307

Variable lease cost
 
Cost of revenue
 
107

 
264

Variable lease cost
 
Selling and marketing expense
 
366

 
670

Variable lease cost
 
General and administrative expense
 
1,884

 
3,688

Variable lease cost
 
Product development expense
 
45

 
99

Total variable lease cost
 
 
 
2,402

 
4,721

Net lease cost
 
 
 
$
16,217

 
$
29,028

_____________________
(a) Includes approximately $1.7 million and $3.0 million of short-term lease cost and $0.5 million and $1.1 million of sublease income for the three and six months ended June 30, 2019, respectively.
Schedule of Maturities of Operating Lease Liabilities
Maturities of lease liabilities as of June 30, 2019 (in thousands)(b):
Remainder of 2019
 
$
20,503

2020
 
45,081

2021
 
38,724

2022
 
31,829

2023
 
28,491

After 2023
 
249,573

Total
 
414,201

     Less: Interest
 
179,858

Present value of lease liabilities
 
$
234,343

_____________________
(b) 
Lease payments exclude $1.1 million of legally binding minimum lease payments for leases signed but not yet commenced.

Schedule of Weighted-Average Lease Term and Discount Rate of Leases
The following are the weighted average assumptions used for lease term and discount rate as of June 30, 2019:
Remaining lease term
 
15.9 years

Discount rate
 
6.03
%