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Leases (Tables)

6 Months Ended

Jun. 30, 2019

The components of lease expense are follows:

		Three Months Ended		Six Months Ended
(In thousands)	Classification	June 30, 2019		June 30, 2019
Operating lease cost
Operating lease cost	Operating and SG&A expenses	$	11,416	$	23,056
Variable lease cost	Operating and SG&A expenses		4,468		8,654
Short-term lease cost	Operating and SG&A expenses		1,112		2,161
Total operating lease cost		$	16,996	$	33,871

Finance lease cost
Amortization of lease assets	Depreciation and amortization	$	505	$	999
Interest on lease liabilities	Interest expense, net		100		198
Total finance lease cost		$	605	$	1,197

Supplemental cash flow information related to leases is as follows:

	Six Months Ended
(In thousands)	June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	23,255
Operating cash flows from finance leases		198
Financing cash flows from finance leases		829

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	36,117
Finance leases		849

Supplemental balance sheet information related to leases is as follows:

(In thousands, except lease term and discount rate)	June 30, 2019
Operating leases
Operating lease right-of-use assets, gross	$	175,898
Accumulated amortization		17,813
Operating lease right-of-use assets, net	$	158,085

Current portion of operating leases	$	29,351
Noncurrent operating leases		143,426
Total operating lease liabilities	$	172,777

Finance leases
Property and equipment, gross	$	13,290
Accumulated depreciation		(2,785	)
Property and equipment, net	$	10,505

Current portion of finance leases, net	$	1,763
Noncurrent finance leases, net		5,323
Total finance lease liabilities	$	7,086

Weighted Average Remaining Lease Term
Operating leases	11.2 years
Finance leases	22.4 years

Weighted Average Discount Rate
Operating leases		6.3	%
Finance leases		5.8	%

Maturity of Lease Liabilities

	Operating			Finance
(In thousands)	Leases			Leases			Total
Remaining 2019	$	23,164		$	1,146		$	24,310
2020		30,778			1,954			32,732
2021		29,443			1,460			30,903
2022		22,906			589			23,495
2023		17,469			553			18,022
Thereafter		117,243			7,339			124,582
Total lease payments		241,003			13,041			254,044
Less: interest		(68,226	)		(5,955	)		(74,181	)
Present value of lease liabilities	$	172,777		$	7,086		$	179,863

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	$	2,635
2020		4,211
2021		3,272
2022		2,433
2023		1,763
Thereafter		2,546
Total future minimum rentals	$	16,860