XML 30 R35.htm IDEA: XBRL DOCUMENT v3.20.1
Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Summary of Lease Costs

The components of lease costs for the year ended December 31, 2019 are as follows (in thousands):

 

 

 

2019

 

Operating lease cost

 

$

70,112

 

Short-term lease cost

 

 

11,988

 

Amortization of right-of-use assets

 

 

746

 

Interest on lease liabilities

 

 

77

 

Sublease income

 

 

(3,620

)

Total lease cost

 

$

79,303

 

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases for the year ended December 31, 2019 is as follows (in thousands):

 

 

 

2019

 

Operating cash flows for operating leases

 

$

62,714

 

Operating cash flows for financing activities

 

 

77

 

Financing cash flows from finance leases

 

 

863

 

Right-of-use assets obtained in exchange for new

   operating lease liabilities

 

 

299,503

 

Right-of-use assets obtained in exchange for new

   finance lease liabilities

 

$

3,124

 

Schedule of Supplemental Balance Sheet and Other Information Related to Leases

Supplemental balance sheet and other information related to leases as of December 31, 2019 is as follows (in thousands):

 

 

 

2019

 

Operating Leases:

 

 

 

 

Right-of-use assets

 

$

233,415

 

Lease liabilities:

 

 

 

 

Current

 

$

49,994

 

Long-term

 

 

203,624

 

Total operating lease liabilities

 

$

253,618

 

Finance Leases:

 

 

 

 

Other noncurrent assets

 

$

2,377

 

Accrued expenses and other current liabilities

 

$

1,075

 

Other long-term liabilities

 

$

1,202

 

 

 

 

 

 

Weighted Average Remaining Lease Term:

 

 

 

 

Operating leases

 

6 years

 

Finance leases

 

3 years

 

Weighted Average Discount Rate:

 

 

 

 

Operating leases

 

 

4.0

%

Finance leases

 

 

4.5

%

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 December 31, 2019 is as follows (in thousands):

 

 

 

Operating

Leases

 

 

Finance

Leases

 

2020

 

$

58,412

 

 

$

1,152

 

2021

 

 

54,491

 

 

 

870

 

2022

 

 

48,454

 

 

 

326

 

2023

 

 

41,424

 

 

 

48

 

2024

 

 

30,945

 

 

 

 

Thereafter

 

 

49,727

 

 

 

 

Total lease payments

 

 

283,453

 

 

 

2,396

 

Less: imputed interest

 

 

(29,835

)

 

 

(119

)

Total present value of lease liabilities

 

$

253,618

 

 

$

2,277