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Leases (Tables)

9 Months Ended

Sep. 30, 2019

The components of lease expense are follows:

		Three Months Ended		Nine Months Ended
(In thousands)	Classification	September 30, 2019		September 30, 2019
Operating lease cost
Operating lease cost	Operating and SG&A expenses	$	11,397	$	34,453
Variable lease cost	Operating and SG&A expenses		6,411		15,065
Short-term lease cost	Operating and SG&A expenses		1,029		3,190
Total operating lease cost		$	18,837	$	52,708

Finance lease cost
Amortization of lease assets	Depreciation and amortization	$	493	$	1,492
Interest on lease liabilities	Interest expense, net		78		276
Total finance lease cost		$	571	$	1,768

Supplemental cash flow information related to leases is as follows:

	Nine Months Ended
(In thousands)	September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	35,057
Operating cash flows from finance leases		276
Financing cash flows from finance leases		1,267

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	36,117
Finance leases		5,768

Supplemental balance sheet information related to leases is as follows:

(In thousands, except lease term and discount rate)	September 30, 2019
Operating leases
Operating lease right-of-use assets, gross	$	175,898
Accumulated amortization		26,987
Operating lease right-of-use assets, net	$	148,911

Current portion of operating leases	$	25,822
Noncurrent operating leases		138,104
Total operating lease liabilities	$	163,926

Finance leases
Property and equipment, gross	$	18,209
Accumulated depreciation		(3,356	)
Property and equipment, net	$	14,853

Current portion of finance leases, net	$	3,201
Noncurrent finance leases, net		8,368
Total finance lease liabilities	$	11,569

Weighted Average Remaining Lease Term
Operating leases	10.3 years
Finance leases	6.9 years

Weighted Average Discount Rate
Operating leases		6.3	%
Finance leases		6.5	%

Maturity of Lease Liabilities

	Operating			Finance
(In thousands)	Leases			Leases			Total
Remaining 2019	$	11,373		$	1,037		$	12,410
2020		30,776			3,787			34,563
2021		29,441			3,290			32,731
2022		22,906			1,954			24,860
2023		17,469			529			17,998
Thereafter		117,243			4,055			121,298
Total lease payments		229,208			14,652			243,860
Less: interest		(65,282	)		(3,083	)		(68,365	)
Present value of lease liabilities	$	163,926		$	11,569		$	175,495

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	$	1,113
2020		4,204
2021		3,272
2022		2,433
2023		1,763
Thereafter		2,546
Total future minimum rentals	$	15,331