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Leases (Tables) | 3 Months Ended
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Mar. 31, 2020
Leases [Abstract] |
Summary of Lease Costs | The components of lease costs for the three months ended March 31, 2020 and March 31, 2019 are as follows (in thousands):
|  | Three Months Ended |
|  | March 31, 2020 |  |  | March 31, 2019 |
Operating lease cost |  | $ | 17,271 |  |  | $ | 18,285 |
Short-term lease cost |  |  | 3,651 |  |  |  | 2,004 |
Amortization of right-of-use assets |  |  | 254 |  |  |  | 225 |
Interest on lease liabilities |  |  | 12 |  |  |  | 16 |
Sublease income |  |  | (880 | ) |  |  | (930 | )
Total lease cost |  | $ | 20,308 |  |  | $ | 19,600 |
Schedule of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases for the three months ended March 31, 2020 and March 31, 2019 are as follows (in thousands):
|  | Three Months Ended |
|  | March 31, 2020 |  |  | March 31, 2019 |
Operating cash flows for operating leases |  | $ | 16,420 |  |  | $ | 18,333 |
Operating cash flows for financing activities |  |  | 25 |  |  |  | 16 |
Financing cash flows from finance leases |  |  | 278 |  |  |  | 246 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  |  | 15,106 |  |  |  | 249,848 |
Right-of-use assets obtained in exchange for new finance lease liabilities |  | $ | - |  |  | $ | 1,341 |
Schedule of Supplemental Balance Sheet and Other Information Related to Leases | Supplemental balance sheet and other information related to leases as of March 31, 2020 and December 31, 2019 are as follows (in thousands):
|  | March 31, 2020 |  |  | December 31, 2019 |
Operating Leases: |  |  |  |  |  |  |  |
Right-of-use assets |  | $ | 231,269 |  |  | $ | 233,415 |
Lease liabilities: |  |  |  |  |  |  |  |
Current |  | $ | 47,217 |  |  | $ | 49,994 |
Long-term |  |  | 206,760 |  |  |  | 203,624 |
Total operating lease liabilities |  | $ | 253,977 |  |  | $ | 253,618 |
Finance Leases: |  |  |  |  |  |  |  |
Other noncurrent assets |  | $ | 2,123 |  |  | $ | 2,377 |
Accrued expenses and other current liabilities |  | $ | 1,056 |  |  | $ | 1,075 |
Other long-term liabilities |  | $ | 943 |  |  | $ | 1,202 |
Weighted Average Remaining Lease Term: |  |  |  |  |  |  |  |
Operating leases |  | 6 years |  |  | 6 years |
Finance leases |  | 2 years |  |  | 3 years |
Weighted Average Discount Rate: |  |  |  |  |  |  |  |
Operating leases |  |  | 3.9 | % |  |  | 4.0 | %
Finance leases |  |  | 4.5 | % |  |  | 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 March 31, 2020 is as follows (in thousands):
|  | Operating Leases |  |  | Finance Leases |
2020 |  | $ | 40,845 |  |  | $ | 850 |
2021 |  |  | 57,697 |  |  |  | 870 |
2022 |  |  | 51,705 |  |  |  | 326 |
2023 |  |  | 44,759 |  |  |  | 48 |
2024 |  |  | 34,445 |  |  |  | - |
Thereafter |  |  | 53,434 |  |  |  | - |
Total lease payments |  |  | 282,885 |  |  |  | 2,094 |
Less: imputed interest |  |  | (28,908 | ) |  |  | (95 | )
Total present value of lease liabilities |  | $ | 253,977 |  |  | $ | 1,999 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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