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Leases (Tables)
 9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Components of lease expense, supplemental cash flow information and non-cash transactions related to Company's leases The following table sets forth the Company’s components of lease costs for the periods presented:
Three Months Ended September 30, 2019Nine Months Ended September 30, 2019
 (In thousands)
Operating lease costs$4,986  $23,461  
Variable lease costs(1)
1,730  6,733  
Short-term lease costs1,048  2,418  
Finance lease costs:
Amortization of ROU assets694  1,910  
Interest on lease liabilities72  196  
Total lease costs$8,530  $34,718  
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(1)Based on payments made by the Company to lessors for the right to use an underlying asset that vary because of changes in circumstances occurring after the commencement date, other than the passage of time, such as property taxes, operating and maintenance costs.
Maturities of the Company's lease liabilities
As of September 30, 2019, maturities of the Company’s lease liabilities are as follows:
Operating LeasesFinance Leases
 (In thousands)
2019 (excluding the nine months ended September 30, 2019)$3,232  $729  
20207,080  2,909  
20212,704  2,136  
20223,073  1,367  
20232,365  274  
Thereafter12,802  684  
Total future lease payments$31,256  $8,099  
Less: Imputed interest4,111  652  
Present value of future lease payments$27,145  $7,447  
Maturities of the Company's lease liabilities
As of September 30, 2019, maturities of the Company’s lease liabilities are as follows:
Operating LeasesFinance Leases
 (In thousands)
2019 (excluding the nine months ended September 30, 2019)$3,232  $729  
20207,080  2,909  
20212,704  2,136  
20223,073  1,367  
20232,365  274  
Thereafter12,802  684  
Total future lease payments$31,256  $8,099  
Less: Imputed interest4,111  652  
Present value of future lease payments$27,145  $7,447  
Schedule of future minimum annual rental commitments
As of December 31, 2018, future minimum annual rental commitments under non-cancelable leases under ASC 840 were as follows:
 (In thousands)
2019$8,723  
20207,009  
20216,005  
20225,130  
20234,361  
Thereafter13,134  
Total future minimum lease payments$44,362  
Supplemental balance sheet information
Supplemental balance sheet information related to the Company’s leases are as follows:
Balance Sheet LocationSeptember 30, 2019
 (In thousands)
Assets
Operating lease assetsOperating right-of-use assets$21,255  
Finance lease assets(1)
Other assets7,406  
Total lease assets$28,661  
Liabilities
Current
Operating lease liabilitiesCurrent operating lease liabilities$8,050  
Finance lease liabilitiesOther current liabilities2,698  
Long-term
Operating lease liabilitiesOperating lease liabilities19,095  
Finance lease liabilitiesOther liabilities4,748  
Total lease liabilities$34,591  
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(1)Finance lease ROU assets are recorded net of accumulated amortization of $1.9 million as of September 30, 2019.
Schedule of supplemental cash flow information
Supplemental cash flow information and non-cash transactions related to the Company’s leases are as follows:
September 30, 2019
 (In thousands)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$24,985  
Operating cash flows from finance leases196  
Financing cash flows from finance leases1,423  
ROU assets obtained in exchange for lease obligations
Operating leases$12,746  
Finance leases3,427  
Weighted-average remaining lease term and discount rate for the Company’s leases
Weighted-average remaining lease terms and discount rates for the Company’s leases are as follows:
As of September 30, 2019
Operating Leases
Weighted average remaining lease term6.7 years
Weighted average discount rate3.6 %
Finance Leases
Weighted average remaining lease term4.1 years
Weighted average discount rate3.8 %