Leases (Tables)

6 Months Ended

Jun. 30, 2021

The components of lease costs in the accompanying condensed consolidated statements of operations are as follows (in thousands):


		Three Months Ended				Six Months Ended
		June 30,				June 30,
Lease cost	Classification	2021		2020		2021		2020
Finance lease cost:
Amortization of lease assets	Depreciation (1)	$	230	$	260	$	474	$	462
Interest on lease liabilities	Interest expense	23		17		50		34
Operating lease cost	Cost of services and Selling, general and administrative expenses	26,947		29,975		54,723		59,712
Short-term and variable lease cost (2)	Cost of services and Selling, general and administrative expenses	160,342		147,953		318,241		318,318
Total lease cost		$	187,542	$	178,205	$	373,488	$	378,526

(1) Depreciation is included within “Cost of services” and “Selling, general and administrative expenses” in the accompanying condensed consolidated statements of operations.

(2) Short-term lease cost includes both leases and rentals with initial terms of one year or less. Variable lease cost is insignificant and primarily relates to real estate leases and consists of common area maintenance charges, real estate taxes, insurance and other variable costs.

Future Minimum Lease Payments - Operating Leases

Future minimum lease payments for operating and finance leases were as follows (in thousands):


	As of June 30, 2021
	Operating Leases		Finance Leases		Total
Remainder of 2021	$	48,043	$	585	$	48,628
2022	76,476		842		77,318
2023	55,090		618		55,708
2024	34,195		386		34,581
2025	22,640		102		22,742
Thereafter	32,987		—		32,987
Total future minimum operating and finance lease payments	$	269,431	$	2,533	$	271,964
Less imputed interest	(21,747)		(121)		(21,868)
Total lease liabilities	$	247,684	$	2,412	$	250,096

Future Minimum Lease Payments - Finance Leases

Future minimum lease payments for operating and finance leases were as follows (in thousands):


	As of June 30, 2021
	Operating Leases		Finance Leases		Total
Remainder of 2021	$	48,043	$	585	$	48,628
2022	76,476		842		77,318
2023	55,090		618		55,708
2024	34,195		386		34,581
2025	22,640		102		22,742
Thereafter	32,987		—		32,987
Total future minimum operating and finance lease payments	$	269,431	$	2,533	$	271,964
Less imputed interest	(21,747)		(121)		(21,868)
Total lease liabilities	$	247,684	$	2,412	$	250,096

Other Information Related to Leases

The weighted average remaining lease terms and discount rates were as follows:


	As of June 30, 2021
Weighted average remaining lease term (in years):
Operating leases	4.16
Finance leases	2.96
Weighted average discount rate:
Operating leases	4.1	%
Finance leases	3.9	%