Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

Leases (Tables)

3 Months Ended

Mar. 31, 2019

The Company’s components of lease cost for the three months ended March 31, 2019 were as follows:



	March 31, 2019
Operating lease cost	$	2,404
Short-term lease cost	33
Variable lease cost	263
Sublease income	(24		)
Total lease cost	$	2,676

Supplemental cash flow information. The table below presents supplemental cash flow information related to leases during the three months ended March 31, 2019:



	Three months ended March 31, 2019
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating and finance leases	$	2,664

Non-cash investing and financing activities. The Right-of-use assets obtained in exchange for lease obligations during the three months ended March 31, 2019 was:



	Three months ended March 31, 2019
Operating and finance leases	$	186

The table below presents additional informat ion related to our leases as of March 31, 2019:



Weighted Average Remaining Lease Term:
Operating leases	7.29 years

Weighted Average Discount Rate:
Operating leases	4.35	%

Schedule of Future Minimum Lease Payments Under Operating and Finance Leases

The table below summarizes the Company’s scheduled future minimum lease payments under operating and finance leases, recorded on the Condensed Consolidated Statements of Financial Condition as of March 31, 2019:



	Operating and Finance Leases
Remainder of 2019	$	6,796
2020	7,829
2021	5,815
2022	5,059
2023	3,899
Thereafter	15,750
Total lease payments	45,148
Less imputed interest	(7,435		)
Present value of lease payments	$	37,713

Schedule of Future Minimum Lease Payments Under Operating and Finance Leases



	Operating and Finance Leases
Remainder of 2019	$	6,796
2020	7,829
2021	5,815
2022	5,059
2023	3,899
Thereafter	15,750
Total lease payments	45,148
Less imputed interest	(7,435		)
Present value of lease payments	$	37,713