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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Assets And Liabilities, Lessee
Lease related assets and liabilities are recorded on the balance sheet as follows (in thousands):

 
 
Classification on the Balance Sheet
 
December 31, 2019
Assets
 
 
 
 
  Operating lease assets
 
Operating Lease Right-of-Use Assets, Net
 
$
121,527

  Finance lease assets
 
Property and Equipment, Net
 
2,880

Total lease assets
 
 
 
$
124,407

 
 
 
 
 
Liabilities
 
 
 
 
Current
 
 
 
 
   Operating
 
Operating lease liabilities, current portion
 
$
26,208

   Finance [1]
 
Current portion of finance liabilities, long-term debt and non-recourse debt
 
1,616

Noncurrent
 
 
 
 
   Operating
 
Operating Lease Liabilities
 
97,291

   Finance [1]
 
Finance Lease Liabilities
 
2,954

Total lease liabilities
 
 
 
$
128,069


[1] Also refer to Note 13 - Debt.












Lease, Cost



















Certain information related to the lease costs for finance and operating leases is presented as follows (in thousands):
 
 
 
Year Ended December 31, 2019
Operating lease cost
 
 
$
46,934

Finance lease cost:
 
 
 
    Amortization of right-of-use assets
 
 
1,023

    Interest on lease liabilities
 
 
354

    Total finance lease cost
 
 
1,377

Short-term lease cost
 
 
1,953

Total lease cost
 
 
$
50,264

 
 
 
 
Cash paid for amounts included in the measurement of lease liabilities
 
 
 
    Operating cash flows for operating leases
 
 
$
48,833

    Operating cash flows for finance leases
 
 
$
323

    Financing activities for finance leases
 
 
$
1,610

Right-of-use assets obtained in exchange for new operating lease liabilities
 
 
$
12,223

 
 
 
 
Weighted average remaining lease term:
 
 
 
    Operating leases
 
 
7.3 years
    Finance leases
 
 
2.7 years
Weighted average discount rate:
 
 
 
    Operating leases
 
 
4.75
%
    Finance leases
 
 
8.27
%

Lessee, Operating Lease, Liability, Maturity
The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities and finance lease liabilities recorded on the balance sheet as of December 31, 2019 (in thousands).

 
 
Operating Leases
 
Finance Leases
2020
 
$
31,378

 
$
1,934

2021
 
26,188

 
1,936

2022
 
19,691

 
1,233

2023
 
16,044

 

2024
 
13,527

 

Thereafter
 
41,652

 

Total minimum lease payments
 
148,480

 
5,103

Less: amount of lease payment representing interest
 
(24,981
)
 
(533
)
Present value of future minimum lease payments
 
123,499

 
4,570

Less: current obligations under leases
 
(26,208
)
 
(1,616
)
Long-term lease obligations
 
$
97,291

 
$
2,954


Finance Lease, Liability, Maturity
The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities and finance lease liabilities recorded on the balance sheet as of December 31, 2019 (in thousands).

 
 
Operating Leases
 
Finance Leases
2020
 
$
31,378

 
$
1,934

2021
 
26,188

 
1,936

2022
 
19,691

 
1,233

2023
 
16,044

 

2024
 
13,527

 

Thereafter
 
41,652

 

Total minimum lease payments
 
148,480

 
5,103

Less: amount of lease payment representing interest
 
(24,981
)
 
(533
)
Present value of future minimum lease payments
 
123,499

 
4,570

Less: current obligations under leases
 
(26,208
)
 
(1,616
)
Long-term lease obligations
 
$
97,291

 
$
2,954