v3.19.3
LEASES (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Lease Expense, Supplemental Cash Flow and Other Lease Information
Lease expense, supplemental cash flow information, and other information related to leases were as follows:
(thousands)
Third Quarter Ended
 
Nine Months Ended
 
September 29, 2019
 
September 29, 2019
Operating lease cost
$
7,848

 
$
23,536

 
 
 
 
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
Operating cash flows for operating leases
$
6,946

 
$
20,545

 
 
 
 
Right-of-use assets obtained in exchange for lease obligations:
 
 
 
Operating leases
$
5,522

 
$
14,767


Lease Assets and Liabilities
Balance sheet information related to leases was as follows:
(thousands, except lease term and discount rate)
September 29, 2019
Assets
 
Operating lease right-of-use assets
$
81,064

Liabilities
 
Operating lease liabilities, current portion
$
25,990

Long-term operating lease liabilities
55,553

Total lease liabilities
$
81,543

Weighted average remaining lease term, operating leases (in years)
4.04

Weighted average discount rate, operating leases
3.83
%

Operating Lease Liability Maturity
Maturities of lease liabilities were as follows at September 29, 2019:
(thousands)
 
2019 (excluding the nine months ended September 29, 2019)
$
8,150

2020
26,916

2021
20,512

2022
13,556

2023
8,954

Thereafter
10,158

Total lease payments
88,246

Less imputed interest
(6,703
)
Total
$
81,543


Future Minimum Minimum Lease Payments

Maturities of lease liabilities were as follows at December 31, 2018:
(thousands)
 
2019
$
29,345

2020
23,344

2021
16,165

2022
9,602

2023
5,357

Thereafter
4,883

Total
$
88,696