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Leases and Other (Tables) | 3 Months Ended
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Mar. 31, 2019
Leases [Abstract] |
Summary of Balance Sheet Presentation of Operating and Finance Leases | The balance sheet presentation of our operating and finance leases is as follows:
|  |  |  | March 31, |
(in thousands) |  | Classification on the Condensed Consolidated Balance Sheet |  | 2019 |
Assets: |  |  |  |  |  |
Operating lease assets |  | Operating lease right-of-use assets |  | $ | 59,671 |
Finance lease assets |  | Property and equipment, net |  |  | 9,046 |
Total lease assets |  |  |  | $ | 68,717 |
Liabilities: |  |  |  |  |  |
Current: |  |  |  |  |  |
Operating lease obligations |  | Operating lease obligations |  | $ | 21,080 |
Finance lease obligations |  | Current portion of debt and finance lease obligations |  |  | 2,023 |
Noncurrent: |  |  |  |  |  |
Operating lease obligations |  | Long-term operating lease obligations |  |  | 42,098 |
Finance lease obligations |  | Long-term debt and finance lease obligations |  |  | 6,801 |
Total lease liabilities |  |  |  | $ | 72,002 |
Components of Lease Expense | The components of lease expense consisted of the following:
|  | Three Months Ended |
(in thousands) |  | March 31, 2019 |
Finance lease cost: |  |  |  |
Amortization of right-of-use assets |  | $ | 589 |
Interest on lease liabilities |  |  | 67 |
Operating lease cost |  |  | 5,992 |
Short-term lease cost |  |  | 215 |
Variable lease cost |  |  | 1,815 |
Sublease income(1) |  |  | (172 | )
Total lease cost, net |  | $ | 8,506 |
(1) | Sublease income excludes rental income from owned assets, which is recorded in revenue.
Schedule of Other Information Related to Operating and Finance Leases | Other information related to operating and finance leases are as follows:
|  | Three Months Ended |
(in thousands) |  | March 31, 2019 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from operating activities |  | $ | 6,198 |
Operating cash flows from finance activities |  | $ | 67 |
Financing cash flows from finance activities |  | $ | 522 |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |
Operating leases |  | $ | 11,439 |
Finance leases |  | $ | 1,182 |
|  | March 31, |
|  | 2019 |
Weighted-average remaining lease term (years): |  |  |  |
Operating leases |  |  | 4.32 |
Finance leases |  |  | 8.48 |
Weighted-average discount rate: |  |  |  |
Operating leases |  |  | 5.18 | %
Finance leases |  |  | 5.76 | %
Schedule of Estimated Future Minimum Lease Payments Under Non-cancelable Leases Excluding Variable Leases and Variable Non-lease Components | As of March 31, 2019, the estimated future minimum lease payments under non-cancellable leases, excluding variable leases and variable non-lease components, are as follows:
(in thousands) |  | Operating Leases |  |  | Finance Leases |  |  | Total |
Remainder of 2019 |  | $ | 17,844 |  |  | $ | 1,964 |  |  | $ | 19,808 |
2020 |  |  | 20,827 |  |  |  | 2,108 |  |  |  | 22,935 |
2021 |  |  | 10,917 |  |  |  | 1,368 |  |  |  | 12,285 |
2022 |  |  | 6,918 |  |  |  | 997 |  |  |  | 7,915 |
2023 |  |  | 4,744 |  |  |  | 913 |  |  |  | 5,657 |
Thereafter |  |  | 12,303 |  |  |  | 4,144 |  |  |  | 16,447 |
Total future lease payments |  |  | 73,553 |  |  |  | 11,494 |  |  |  | 85,047 |
Less: Amount representing interest |  |  | (10,375 | ) |  |  | (2,670 | ) |  |  | (13,045 | )
Present value of minimum lease payments |  |  | 63,178 |  |  |  | 8,824 |  |  |  | 72,002 |
Current portion |  |  | 21,080 |  |  |  | 2,023 |  |  |  | 23,103 |
Long-term portion |  | $ | 42,098 |  |  | $ | 6,801 |  |  | $ | 48,899 |
Schedule of Estimated Future Minimum Rentals Under Non-cancellable Leases | As of March 31, 2019, the estimated future minimum rentals under non-cancellable leases, which includes rental income from facilities that we own and sublease income from facilities that we lease, are as follows:
(in thousands) |  |  |  |
Remainder of 2019 |  | $ | 1,511 |
2020 |  |  | 1,674 |
2021 |  |  | 1,845 |
2022 |  |  | 1,512 |
2023 |  |  | 1,415 |
Thereafter |  |  | 2,795 |
Total minimum sublease rents |  |  | 10,752 |
Future minimum rental payments and related sublease rentals receivable | As previously disclosed on our 2018 Form 10-K and under the previous lease accounting standard, our future minimum rental payments and related sublease rentals receivable with respect to non-cancelable operating leases with terms in excess of one year would have been as follows as of December 31, 2018:
(in thousands) |  | Rental Payments |  |  | Receivable Under Subleases |
2019 |  | $ | 28,671 |  |  | $ | 2,382 |
2020 |  |  | 22,919 |  |  |  | 1,582 |
2021 |  |  | 13,217 |  |  |  | 1,711 |
2022 |  |  | 8,280 |  |  |  | 1,370 |
2023 |  |  | 6,201 |  |  |  | 1,270 |
Thereafter |  |  | 8,305 |  |  |  | 2,798 |
Total |  | $ | 87,593 |  |  | $ | 11,113 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=77888428&loc=SL77919396-209981 + Details
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