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Leases (Tables)

3 Months Ended

Mar. 31, 2019

The components of lease expense are follows:

		Three Months Ended
(In thousands)	Classification	March 31, 2019
Operating lease cost
Operating lease cost	Operating and SG&A expenses	$	11,640
Variable lease cost	Operating and SG&A expenses		4,186
Short-term lease cost	Operating and SG&A expenses		1,049
Total operating lease cost		$	16,875

Finance lease cost
Amortization of lease assets	Depreciation and amortization	$	494
Interest on lease liabilities	Interest expense, net		98
Total finance lease cost		$	592

Supplemental cash flow information related to leases is 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 leases	$	11,471
Operating cash flows from finance leases		98
Financing cash flows from finance leases		367

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	31,685
Finance leases		849

Supplemental balance sheet information related to leases is as follows:

(In thousands, except lease term and discount rate)	March 31, 2019
Operating leases
Operating lease right-of-use assets, gross	$	172,394
Accumulated amortization		(9,350	)
Operating lease right-of-use assets, net	$	163,044

Current portion of operating leases	$	36,050
Noncurrent operating leases		142,444
Total operating lease liabilities	$	178,494

Finance leases
Property and equipment, gross	$	7,966
Accumulated depreciation		(2,117	)
Property and equipment, net	$	5,849

Current portion of finance leases, net	$	1,798
Noncurrent finance leases, net		5,750
Total finance lease liabilities	$	7,548

Weighted Average Remaining Lease Term
Operating leases	10.0 years
Finance leases	19.9 years

Weighted Average Discount Rate
Operating leases		6.3	%
Finance leases		6.1	%

Maturity of Lease Liabilities

	Operating			Finance
(In thousands)	Leases			Leases			Total
Remaining 2019	$	34,456		$	1,721		$	36,177
2020		30,099			1,791			31,890
2021		28,779			1,203			29,982
2022		22,304			581			22,885
2023		16,924			491			17,415
Thereafter		114,285			7,248			121,533
Total lease payments		246,847			13,035			259,882
Less: interest		(68,353	)		(5,487	)		(73,840	)
Present value of lease liabilities	$	178,494		$	7,548		$	186,042

Minimum and contingent operating lease income is as follows:

Future minimum rental payments to be received under operating leases:

(In thousands)	Operating Leases
Remaining 2019	$	3,963
2020		3,995
2021		3,272
2022		2,433
2023		1,763
Thereafter		2,546
Total future minimum rentals	$	17,972