Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.19.2
LEASES (Tables)
6 Months Ended
Jun. 30, 2019
Future Commitments Under Operating Leases  
Lease Classification

 

(in thousands)          
Lease Classification   Financial Statement Classification   Six Months Ended
June 30, 2019
 
Short-term lease cost   Cost of services provided, Sales, general, and administrative expenses   $ 71  
Operating lease cost   Cost of services provided, Sales, general, and administrative expenses     19,115  
Total lease expense       $ 19,186  
             
Other Information            
      Weighted-average remaining lease term - operating leases     4.08  
      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      18,865  
Future minimum lease payments

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

 

(in thousands)   Operating
Leases 
 
2019 (excluding the six months ended June 30, 2019)   $ 35,805  
2020     61,245  
2021     45,685  
2022     27,575  
2023     14,278  
2024     9,031  
Thereafter     14,965  
Total future minimum lease payments     208,584  
Less: Amount representing interest     17,016  
Total future minimum lease payments, net of interest   $ 191,568  
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