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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information
Supplemental balance sheet information for leases was as follows (in thousands):
 
As of March 31, 2019
Lease assets:
 
Finance lease right-of-use assets, net:
 
Property and equipment, gross
$
246,682

Accumulated depreciation
(39,882
)
Property and equipment, net
206,800

Operating lease right-of-use assets
777,551

Total lease assets
$
984,351

Lease liabilities:
 
Finance lease liabilities:
 
Current portion of debt
$
33,068

Long-term debt
94,127

Total finance lease liabilities
127,195

Operating lease liabilities:
 
Current portion of operating lease liabilities
88,497

Long-term operating lease liabilities
708,371

Total operating lease liabilities
796,868

Total lease liabilities
$
924,063

Schedule of Lease Expense and Cash Flow Information
Supplemental cash flow information related to leases is as follows (in thousands):
 
Quarter Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows from operating leases
$
31,981

Operating cash flows from finance leases
$
596

Financing cash flows from finance leases
$
3,606

The components of lease expense were as follows (in thousands):
 
Consolidated Statement of Comprehensive Income (Loss) Classification
Quarter Ended March 31, 2019
Lease costs:
 
 
Operating lease costs
Commission, transportation and other
$
19,056

Operating lease costs
Other operating expenses
6,931

Operating lease costs
Marketing, selling and administrative expenses
5,679

Financial lease costs:
 
 
Amortization of right-of-use-assets
Depreciation and amortization expenses
3,195

Interest on lease liabilities
Interest expense, net of interest capitalized
596

Total lease costs
 
$
35,457

Schedule of Lease Terms and Discount Rates
Weighted average of the remaining lease terms and weighted average discount rates are as follows:
 
As of March 31, 2019
Weighted average of the remaining lease term
 
Operating leases
10.8 years

Finance leases
3.6 years

Weighted average discount rate
 
Operating leases
4.6
%
Finance leases
3.8
%
Schedule of Maturities, Operating Leases
As of March 31, 2019, maturities related to lease liabilities were as follows (in thousands):
Year
Operating Leases
 
Finance Leases
Remainder of 2019
$
95,927

 
$
32,468

2020
126,959

 
36,334

2021
114,278

 
39,139

2022
107,885

 
16,097

2023
105,846

 
5,089

Thereafter
522,270

 
10,413

Total lease payments
1,073,165

 
139,540

Less: Interest
(276,297
)
 
(12,345
)
Present value of lease liabilities
$
796,868

 
$
127,195


Operating lease payments include $41.0 million related to options to extend lease terms that are reasonably certain of being exercised.
Under ASC 840, Leases, future minimum lease payments under noncancelable operating leases as of December 31, 2018 were as follows (in thousands):
Year
 
2019
$
67,682

2020
64,237

2021
56,142

2022
52,759

2023
52,522

Thereafter
383,974

 
$
677,316

Schedule of Maturities, Financial Leases
As of March 31, 2019, maturities related to lease liabilities were as follows (in thousands):
Year
Operating Leases
 
Finance Leases
Remainder of 2019
$
95,927

 
$
32,468

2020
126,959

 
36,334

2021
114,278

 
39,139

2022
107,885

 
16,097

2023
105,846

 
5,089

Thereafter
522,270

 
10,413

Total lease payments
1,073,165

 
139,540

Less: Interest
(276,297
)
 
(12,345
)
Present value of lease liabilities
$
796,868

 
$
127,195