LEASES (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Supplemental Balance Sheet Information of Leases



Leases	Balance Sheet Classification	September 30, 2019
		(In thousands)
Assets:
Right-of-use assets	Right-of-use assets	$	177,797

Liabilities:
Current lease liabilities	Accrued expenses and other current liabilities	33,029
Long-term lease liabilities	Other long-term liabilities	198,962
Total lease liabilities		$	231,991

Schedule of Lease Cost and Other Information



	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
	(In thousands)
Other Information:
Right-of-use assets obtained in exchange for lease liabilities	$	6,699	$	59,857
Cash paid for amounts included in the measurement of lease liabilities	$	10,719	$	34,433



Lease Cost	Income Statement Classification	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
		(In thousands)
Fixed lease cost	Cost of revenue	$	975	$	3,181
Fixed lease cost	Selling and marketing expense	2,836		7,747
Fixed lease cost	General and administrative expense	7,424		24,014
Fixed lease cost	Product development expense	450		1,050
Total fixed lease cost ^(a)		11,685		35,992
Variable lease cost	Cost of revenue	90		354
Variable lease cost	Selling and marketing expense	337		1,007
Variable lease cost	General and administrative expense	1,799		5,487
Variable lease cost	Product development expense	74		173
Total variable lease cost		2,300		7,021
Net lease cost		$	13,985	$	43,013

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^(a)Includes approximately $1.1 million and $4.2 million of short-term lease cost and $0.6 million and $1.6 million of sublease income for the three and nine months ended September 30, 2019, respectively.

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities as of September 30, 2019 (in thousands) ^(b):



Remainder of 2019	$	9,565
2020	46,199
2021	40,761
2022	33,659
2023	28,836
After 2023	249,912
Total	408,932
Less: Interest	176,941
Present value of lease liabilities	$	231,991

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^(b)

Lease payments exclude $6.0 million of legally binding minimum lease payments for leases signed but not yet commenced.

Schedule of Weighted-Average Lease Term and Discount Rate of Leases

The following are the weighted average assumptions used for lease term and discount rate as of September 30, 2019:



Remaining lease term	15.2 years
Discount rate	6.02	%