Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.19.1
LEASES (Tables)
 3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Schedule of Lease Classification
(in thousands)          
        Three Months Ended  
Lease Classification   Financial Statement Classification   March 31, 2019  
Short-term lease cost   Cost of services provided, Sales, general, and administrative expenses   $ 24  
Operating lease cost   Cost of services provided, Sales, general, and administrative expenses     19,002  
Total lease expense       $ 19,026  
             
Other Information            
Weighted-average remaining lease term – operating leases     4.07  
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     18,736  
Schedule of Future minimum lease payments

Future minimum lease payments at March 31, 2019 were as follows:

 

(in thousands)   Operating
Leases		  
2019 (excluding the three months ended March 31, 2019)   $ 50,802  
2020     54,422  
2021     38,698  
2022     21,648  
2023     11,547  
2024     8,001  
Thereafter     12,310  
Total future minimum lease payments     197,428  
Less: Amount representing interest     15,199  
Total future minimum lease payments, net of interest   $ 182,229  
Schedule of Future commitments under operating leases

Future commitments under operating leases as of December 31, 2018 are 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  
   
(1) Future commitments presented in the table above exclude lease payments in renewal periods for which it is reasonably certain that the Company will exercise the renewal