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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Summary of Lease Expense Lease expense consisted of the following for the three months ended March 31, 2019 (in thousands):

 

Three Months Ended

 

 

March 31,

 

 

2019

 

Operating lease cost

$

3,039

 

Short-term lease expense (1)

 

276

 

Total lease expense

$

3,315

 

(1)

   Short-term lease expense represents expense related to leases with a contract term of one year or less.

Summary of Supplemental Cash Flow Information Related to Leases

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

 

Three Months Ended

 

 

March 31,

 

 

2019

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

Operating cash flows from operating leases

$

2,728

 

 

 

 

 

Right of use assets obtained in exchange for lease obligations:

 

 

 

Operating leases

$

-

 

 

 

 

 

 

Summary of Supplemental Balance Sheet Information Related to Leases

          Supplemental balance sheet information related to leases as of March 31, 2019 is as follows:

 

March 31,

 

 

2019

 

Weighted Average Remaining Lease Term:

 

 

 

Operating leases

5.0 years

 

 

 

 

 

Weighted Average Discount Rate:

 

 

 

Operating leases

 

4.4

%

 

Summary of Maturities of Operating Lease Liabilities

 


          Maturities of operating lease liabilities as of March 31, 2019 are as follows (in thousands):

 

Year ending December 31,

 

 

 

2019 (excluding the three months ended March 31, 2019)

$

8,062

 

2020

 

9,188

 

2021

 

6,661

 

2022

 

4,622

 

2023

 

2,663

 

Thereafter

 

6,552

 

Total lease payments

 

37,748

 

Less imputed interest

 

(4,628

)

Total

$

33,120

 

Summary of Maturities of Operating Lease Liabilities Previously Disclosed

          Maturities of operating lease liabilities as of December 31, 2018, as previously disclosed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018, are as follows (in thousands):

 

Year ending December 31,

 

 

 

2019

$

11,408

 

2020

 

9,069

 

2021

 

6,543

 

2022

 

4,625

 

2023

 

2,663

 

Thereafter

 

6,552

 

Total

$

40,860