XML 56 R22.htm IDEA: XBRL DOCUMENT
v3.19.3

Leases | 9 Months Ended
--- | ---
Sep. 30, 2019
Leases [Abstract] |
Leases | NOTE 17. LEASES We have operating leases primarily for office facilities, automobiles and information technology equipment. Office facilities account for approximately 97% of our total lease liability. Balance sheet information related to the Company’s operating leases as of September 30, 2019 was as follows (in thousands):
|  | September 30, 2019 |
Operating lease ROU assets |  | $ | 148,870 |
Current portion of operating lease liabilities |  |  | 29,513 |
Noncurrent portion of operating lease liabilities |  |  | 139,796 |
Total operating lease liabilities |  | $ | 169,309 |
|  | September 30, 2019
Weighted-average remaining lease term |  | 6.9 years
Weighted-average discount rate |  | 3.9%
The components of lease expense and other lease information as of and during the three-month period ended September 30, 2019 are as follows (in thousands):
|  | September 30, 2019 |
Operating lease cost |  | $ | 9,406 |
Cash paid for amounts included in measurement of lease liabilities |  |  |  |
Operating cash flows from operating leases |  | $ | 9,535 |
The components of lease expense and other lease information as of and during the nine-month period ended September 30, 2019 are as follows (in thousands):
|  | September 30, 2019 |
Operating lease cost |  | $ | 27,864 |
Cash paid for amounts included in measurement of lease liabilities |  |  |  |
Operating cash flows from operating leases |  | $ | 27,994 |
Our leases have remaining lease terms of 1 year to 11 years. These leases generally contain renewal options for periods ranging from two to five years. Because the Company is not reasonably certain to exercise these renewal options, the options are not considered in determining the lease term, and associated potential option payments are excluded from lease payments. Expenses associated with operating leases was $38.0 million, $38.4 million and $37.0 million for the years ended December 31, 2018, 2017 and 2016, respectively. A number of businesses acquired by us are located in properties owned indirectly by and leased from persons employed by the Company, none of whom are members of our senior management. In the aggregate, for the three and nine month periods ending September 30, 2019 and 2018, we made lease payments to those related parties of approximately $0.6 million and $0.8 million, respectively, and $1.8 million and $2.5 million, respectively, The following table summarizes the maturity of our operating lease liabilities as of September 30, 2019 (in thousands):
|  | Operating Leases |
2019 |  | $ | 8,965 |
2020 |  |  | 34,067 |
2021 |  |  | 31,135 |
2022 |  |  | 25,068 |
2023 |  |  | 23,342 |
Thereafter |  |  | 84,910 |
Total undiscounted lease payments |  |  | 207,487 |
Less: imputed interest |  |  | (38,178 | )
Total lease liabilities |  | $ | 169,309 |
The following table summarizes the maturity of our operating lease commitments as of December 31, 2018 (in thousands):
|  | Operating Leases |
2019 |  | $ | 34,256 |
2020 |  |  | 30,419 |
2021 |  |  | 26,172 |
2022 |  |  | 20,358 |
2023 |  |  | 18,981 |
Thereafter |  |  | 65,854 |
Total future minimum rental commitments |  | $ | 196,040 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration