Leases

3 Months Ended

Mar. 31, 2020

Leases

Leases

NOTE 5 – LEASES

The Company leases certain office space, retail stores, distribution centers and equipment under long-term, non-cancelable operating leases.  The following table summarizes Total lease cost for the three months ended March 31, 2020 and 2019, which was primarily included in “Selling, general and administrative expenses” on the accompanying Condensed Consolidated Statements of Income (in thousands):

	For the Three Months Ended
	March 31,
	2020		2019
Operating lease cost	$	83,195	$	78,814
Short-term operating lease cost		1,784		2,058
Variable operating lease cost		20,333		18,378
Sublease income		(1,175)		(957)
Total lease cost	$	104,137	$	98,293

The following table summarizes other lease related information for the three months ended March 31, 2020:

	For the Three Months Ended
	March 31,
	2020		2019
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows from operating leases	$	82,607	$	78,298
Right-of-use assets obtained in exchange for new operating lease liabilities	$	71,131	$	10,940