Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.19.3
LEASES (Tables)
9 Months Ended
Sep. 30, 2019
Lease Classification

 

(in thousands)          
Lease Classification   Financial Statement Classification   Nine Months Ended
September 30, 2019
 
Short-term lease cost   Cost of services provided, Sales, general, and administrative expenses   $ 135  
Operating lease cost   Cost of services provided, Sales, general, and administrative expenses     19,361  
Total lease expense       $ 19,496  
             
Other Information            
      Weighted-average remaining lease term - operating leases     4.00  
      Weighted-average discount rate - operating leases     3.94  
Cash paid for amounts included in the measurement of lease liabilities:        
       Operating cash flows for operating leases      19,091  
Future minimum lease payments

Future minimum lease payments at September 30, 2019 were as follows:

 

(in thousands)   Operating
Leases 
 
2019 (excluding the nine months ended September 30, 2019)   $ 18,791  
2020     66,981  
2021     51,969  
2022     33,688  
2023     17,716  
2024     9,492  
Thereafter     15,257  
Total future minimum lease payments     213,894  
Less: Amount representing interest     16,239  
Total future minimum lease payments, net of interest   $ 197,655  
Future commitments under operating leases

Future commitments under operating leases as of December 31, 2018 were as summarized:

(in thousands)   Operating
Leases
 
2019   $ 28,751  
2020     18,024  
2021     14,463  
2022     11,142  
2023     8,998  
Thereafter     16,234  
Total future minimum lease payments, net of interest   $ 97,612