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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to the Company’s operating leases as of March 31, 2020 and December 31, 2019 was as follows (in thousands):

 

 

 

March 31,

2020

 

December 31,

2019

Weighted-average remaining lease term

 

6.7 years

 

6.9 years

Weighted-average discount rate

 

3.9%

 

3.6%

Schedule of Components of Lease Cost and Other Lease Information

The components of lease cost and other lease information as of and during the three-month period ended March 31, 2020 are as follows (in thousands):

 

 

 

March 31,

2020

 

 

March 31,

2019

 

Operating lease cost

 

$

8,822

 

 

$

9,242

 

Cash paid for amounts included in measurement of lease

   liabilities

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

9,263

 

 

$

9,260

 

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities at March 31, 2020 and December 31, 2019 were as follows (in thousands):

 

 

 

March 31,

2020

 

2020

 

$

25,892

 

2021

 

 

32,878

 

2022

 

 

26,636

 

2023

 

 

24,771

 

2024

 

 

22,175

 

Thereafter

 

 

68,338

 

Total undiscounted lease payments

 

 

200,690

 

Less: imputed interest

 

 

(42,414

)

Total lease liabilities

 

$

158,276

 

 

 

 

December 31,

2019

 

2020

 

$

34,775

 

2021

 

 

32,371

 

2022

 

 

26,112

 

2023

 

 

24,273

 

2024

 

 

21,578

 

Thereafter

 

 

67,025

 

Total undiscounted lease payments

 

 

206,134

 

Less: imputed interest

 

 

(45,086

)

Total lease liabilities

 

$

161,048