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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Lessee, Operating Lease, Disclosure
 
 
 
 
Other Information
 
 
 
 
Three Months Ended March 31,
(In thousands, except percentage amounts)
 
2019
Lease cost:
 
 
 
 
Operating lease cost recognized as rent expense
 
$
3,263

 
 
Total lease cost
 
3,263

 
 
 
 
 
Cash paid for amounts included in the measurement of lease liabilities:
 
 
Operating cash flows related to operating leases
 
$
3,425

 
 
 
 
 
Non-cash other information:
 
 
Right-of-use assets obtained in exchange for new operating lease liabilities
 
$
1,883

 
 
 
 
 
Weighted-average remaining lease term (in years):
 
 
Operating leases
 
12

 
 
 
 
 
Weighted-average discount rate:
 
 
Operating leases
 
4.29
%
Schedule of Future Minimum Rental Payments for Operating Leases
At March 31, 2019, future lease payments under operating leases were as follows:
 
 
 
 
(In thousands)
 
 
Operating Leases
 
 
 
 
Remainder of 2019
 
 
$
8,852

2020
 
 
8,941

2021
 
 
6,988

2022
 
 
4,294

2023
 
 
3,843

After 2023
 
 
32,744

Total lease payments
 
 
$
65,662

Less: Interest
 
 
13,870

Present value of operating lease liabilities
 
 
51,792

Less: Current operating lease liabilities(a)
 
 
9,830

Noncurrent operating lease liabilities
 
 
$
41,962

(a) Included in "Warranty reserve and other current liabilities" on the unaudited Condensed Consolidated Balance Sheet.