Leases (Tables)

9 Months Ended

Sep. 30, 2019

The components of lease costs for the three and nine months ended September 30, 2019 are as follows (in thousands):

	Three Months Ended			Nine Months Ended
	September 30, 2019			September 30, 2019
Operating lease cost	$	17,969		$	53,835
Short-term lease cost		5,429			10,925
Amortization of right-of-use assets		120			455
Interest on lease liabilities		15			46
Sublease income		(712	)		(2,727	)
Total lease cost	$	22,821		$	62,534

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases for the nine months ended September 30, 2019 is as follows (in thousands):

	Nine Months Ended
	September 30, 2019
Operating cash flows for operating leases	$	52,056
Operating cash flows for financing activities		570
Right-of-use assets obtained in exchange for new operating lease liabilities		274,212
Right-of-use assets obtained in exchange for new finance lease liabilities	$	1,818

Schedule of Supplemental Balance Sheet and Other Information Related to Leases

Supplemental balance sheet and other information related to leases as of September 30, 2019 is as follows (in thousands):

	September 30, 2019
Operating Leases:
Right-of-use assets	$	219,207
Lease liabilities:
Current	$	49,074
Long-term		188,571
Total operating lease liabilities	$	237,645
Finance Leases:
Other noncurrent assets	$	1,362
Lease liabilities:
Accrued expenses and other current liabilities	$	558
Other long-term liabilities		736
Total finance lease liabilities	$	1,294

Weighted Average Remaining Lease Term:
Operating leases	6 years
Finance leases	3 years
Weighted Average Discount Rate:
Operating leases		4.3	%
Finance leases		4.4	%

Schedule of Maturity Analysis of Future Undiscounted Cash Flows

A maturity analysis of the future undiscounted cash flows associated with the Company’s operating and finance lease liabilities as of September 30, 2019 is as follows (in thousands):

	Operating Leases			Finance Leases
2019	$	15,409		$	160
2020		54,561			574
2021		50,333			421
2022		44,160			187
2023		36,996			25
Thereafter		64,423			-
Total lease payments		265,882			1,367
Less: imputed interest		(28,237	)		(73	)
Total present value of lease liabilities	$	237,645		$	1,294