Leases

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2020 and 2019, which were primarily included in “Selling, general and administrative expenses” on the accompanying Condensed Consolidated Statements of Income (in thousands):

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Operating lease cost	$	83,461	$	80,091	$	166,656	$	158,905
Short-term operating lease cost		941		1,546		2,725		3,604
Variable operating lease cost		20,776		18,885		41,109		37,263
Sublease income		(1,187)		(976)		(2,362)		(1,933)
Total lease cost	$	103,991	$	99,546	$	208,128	$	197,839

The following table summarizes other lease related information for the six months ended June 30, 2020:

	For the Six Months Ended
	June 30,
	2020		2019
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows from operating leases	$	165,665	$	157,372
Right-of-use assets obtained in exchange for new operating lease liabilities		125,160		79,018