June 30, | ||||||
(in thousands) | Balance Sheet Location | 2019 | ||||
Right-of-use assets | Other noncurrent assets | $ | 44,673 | |||
Current lease liabilities | Accrued expenses and other liabilities | $ | 11,656 | |||
Noncurrent lease liabilities | Other noncurrent liabilities | 34,102 | ||||
Total liabilities | $ | 45,758 |
Operating Leases | |||
Weighted average remaining lease term (years) | 5.7 | ||
Weighted average discount rate | 3.41 | % |
Operating | ||||
(in thousands) | Leases | |||
Remainder of 2019 | $ | 7,081 | ||
2020 | 12,250 | |||
2021 | 8,880 | |||
2022 | 5,912 | |||
2023 | 3,323 | |||
Thereafter | 13,737 | |||
Total future lease payments | 51,183 | |||
Less: Interest | (5,425 | ) | ||
Present value of lease liabilities | $ | 45,758 | ||
Accrued expenses and other liabilities | $ | 11,656 | ||
Other noncurrent liabilities | 34,102 | |||
Total lease liabilities | $ | 45,758 |
(in thousands) | ||||
Year ending December 31, | ||||
2019 | $ | 13,119 | ||
2020 | 11,053 | |||
2021 | 7,984 | |||
2022 | 5,345 | |||
2023 | 3,133 | |||
Thereafter | 13,852 | |||
Total minimum rental payments | $ | 54,486 |
Six months ended | ||||
(in thousands) | June 30, 2019 | |||
Cash paid for amounts included in the measurement of lease liabilities: | ||||
Operating cash flows for operating leases | $ | 7,229 | ||
Non-cash right-of-use assets obtained in exchange for lease obligations: | ||||
Operating leases | 3,005 |