LEASES (Tables)

9 Months Ended

Sep. 30, 2020

For the three months and nine months ended September 30, 2020, the components of lease expense were as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Operating lease cost	$	7,470	$	7,708	$	23,097	$	15,295
Short-term lease cost		389		297		898		668
Variable lease cost		1,436		1,547		4,482		3,128
Total lease cost *	$	9,295	$	9,552	$	28,477	$	19,091

* Sublease income was immaterial

Supplemental Information Related to Leases

Supplemental information related to leases was as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019

Cash paid for amounts included in the measurement of operating lease liabilities (in thousands)	$	7,696	$	7,686	$	22,041	$	15,392

Right-of-use assets obtained in exchange for new operating lease liabilities (in thousands) *	$	3,162	$	8,629	$	22,238	$	98,514

* Includes the right-of-use assets obtained in exchange for lease liabilities of $82.6 million which were recognized upon adoption of ASC Topic 842 at January 1, 2019.

Future Lease Payments for Operating Leases

The aggregate future lease payments for operating leases as of September 30, 2020 were as follows (in thousands):

Fiscal Year	Amount
2020 (excluding the nine months ended September 30, 2020)	$	7,994
2021		27,451
2022		21,506
2023		15,566
2024		9,847
2025 and therafter		10,504
Total lease payments	$	92,868
Less: imputed interest		5,826
Total operating lease liabilities	$	87,042

Average Lease Terms and Discount Rates

Average lease terms and discount rates were as follows:

	Three Months Ended September 30, 2020			Nine Months Ended September 30, 2020
Weighted-average remaining lease term - Operating leases		4.1			4.1

Weighted-average discount rate - Operating leases		3.2	%		3.2	%