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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Schedule of lease cost
Lease-related assets and liabilities as of March 31, 2019 are as follows ($000 omitted):
Assets:
 
 
Operating lease assets, net of accumulated amortization
 
103,947

Finance lease assets, net of accumulated depreciation
 
1,151

Total lease assets
 
105,098

 
 
 
Liabilities:
 
 
Operating lease liabilities
 
115,307

Finance lease liabilities
 
5,760

Total lease liabilities
 
121,067



Other information related to operating and finance leases during the three months ended March 31, 2019 is as follows:
 
 
Operating
 
Finance
 
 
 
Cash paid for amounts included in the measurement of lease liabilities ($000)
 
11,095

 
897

Lease assets obtained in exchange for lease obligations ($000)
 
25,244

 

Weighted average remaining lease term (years):
 
4.7

 
2.8

Weighted average discount rate
 
4.5
%
 
5.2
%
Future minimum lease payments under non-cancellable operating lease
Future minimum lease payments under operating and finance leases as of March 31, 2019 are as follows:
 
 
Operating
 
Finance
 
 
($000 omitted)
2019 (excludes the three months ended March 31, 2019)
 
30,221

 
2,180

2020
 
32,328

 
1,913

2021
 
23,953

 
957

2022
 
17,242

 
957

2023
 
12,262

 
80

Thereafter
 
20,928

 

Total future minimum lease payments
 
136,934

 
6,087

Less: imputed interest
 
(21,627
)
 
(327
)
Net future minimum lease payments
 
115,307

 
5,760

Future minimum lease payments under non-cancellable finance lease
Future minimum lease payments under operating and finance leases as of March 31, 2019 are as follows:
 
 
Operating
 
Finance
 
 
($000 omitted)
2019 (excludes the three months ended March 31, 2019)
 
30,221

 
2,180

2020
 
32,328

 
1,913

2021
 
23,953

 
957

2022
 
17,242

 
957

2023
 
12,262

 
80

Thereafter
 
20,928

 

Total future minimum lease payments
 
136,934

 
6,087

Less: imputed interest
 
(21,627
)
 
(327
)
Net future minimum lease payments
 
115,307

 
5,760