TopBuild Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

Leases (Tables)

6 Months Ended

Jun. 30, 2019

The components of lease expense were as follows and are primarily included in cost of sales on the accompanying unaudited condensed consolidated statement of operations, in thousands:


	Three Months Ended June 30,		Six Months Ended June 30,
	2019		2019
Operating lease cost	$	11,279	$	23,437
Short-term lease cost		3,005		6,010
Variable lease cost		1,389		2,767
Sublease income		(154)		(308)
Net lease cost	$	15,519	$	31,906

Schedule of future minimum lease payments

Future minimum lease payments under non-cancellable operating leases as of June 30, 2019 were as follows, in thousands:


Payments due by Period
2019	$	22,044
2020		33,998
2021		22,041
2022		12,609
2023		5,848
2024 & Thereafter		6,605
Total future minimum lease payments		103,145

Less: imputed interest		(9,306)

Lease liability at June 30, 2019	$	93,839

Schedule of cash flow information

The amount below is included in the cash flows provided by (used in) operating activities section on the accompanying unaudited condensed consolidated statement of cash flows, in thousands:


Six Months Ended June 30,	2019
Cash paid for amounts included in the measurement of lease liabilities	$	(22,896)