LEASES

12 Months Ended

Dec. 31, 2019

The Company has operating leases for its office facilities, data centers and certain vehicles, as well as finance leases for office equipment. The Company's leases have remaining terms of less than one year to nine years. The leases contain various renewal and termination options. The period which is subject to an option to extend the lease is included in the lease term if it is reasonably certain that the option will be exercised. The period which is subject to an option to terminate the lease is included if it is reasonably certain that the option will not be exercised.

Lease costs related to the Company's operating leases included in the consolidated statements of operations were as follows (in thousands):



	Year Ended December 31,
	2019		2018		2017
Operating lease costs:
Cost of revenues	$	11,407	$	11,926	$	10,214
Software development	4,209		3,335		2,721
Selling and marketing (excluding customer base amortization)	8,678		9,068		8,279
General and administrative	3,299		3,789		4,467
Total operating lease costs	$	27,593	$	28,118	$	25,681

The impact of lease costs related to finance leases and short-term leases was not material for the years ended December 31, 2019, 2018 and 2017.

Supplemental balance sheet information related to operating leases was as follows (in thousands):



Balance	Balance Sheet Location	December 31, 2019
Long-term lease liabilities	Lease and other long-term liabilities	$	120,153

Weighted-average remaining lease term in years		5.0
Weighted-average discount rate		4.0		%

Balance sheet information related to finance leases was not material as of December 31, 2019.

Supplemental cash flow information related to leases was as follows (in thousands):



	December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in operating leases	$	30,287

ROU assets obtained in exchange for lease obligations:
Operating leases	$	22,629

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



January 1, 2020 - December 31, 2020	$	34,976
January 1, 2021 - December 31, 2021	33,760
January 1, 2022 - December 31, 2022	30,938
January 1, 2023 - December 31, 2023	29,663
January 1, 2024 - December 31, 2024	23,972
Thereafter	12,233
Total lease payments	165,542
Less imputed interest	(15,719		)
Present value of lease liabilities	$	149,823