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Leases (Tables)

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Schedule of Lease Position

The table below presents the lease-related assets and liabilities recorded on the condensed consolidated balance sheets (in thousands, except for remaining lease terms and percentages):

			September 30, 2022						December 31, 2021
Operating Leases
Assets
Operating lease right-of-use assets			$	190,718					$	223,412
Liabilities
Operating lease liabilities, current			$	46,383					$	53,765
Operating lease liabilities, non-current			179,083						210,232
Total operating lease liabilities			$	225,466					$	263,997
Finance Leases
Assets
Finance lease right-of-use assets(1)			$	26,199					$	26,802
Liabilities
Finance lease liabilities, current(2)			11,976						13,556
Finance lease liabilities, non-current(3)			15,883						14,242
Total finance lease liabilities			$	27,859					$	27,798
Weighted-average remaining lease term (years)
Operating leases			5.2						5.6
Finance leases			2.5						2.2
Weighted-average discount rate
Operating leases			6.4		%				6.3		%
Finance leases			3.6		%				2.8		%

_______________

(1)This balance is included within property and equipment, net on the condensed consolidated balance sheets and is primarily related to Flexdrive leases.

(2)This balance is included within other current liabilities on the condensed consolidated balance sheets and is primarily related to Flexdrive leases.

(3)This balance is included within other liabilities on the condensed consolidated balance sheets and is primarily related to Flexdrive leases.

Schedule of Lease Costs and Supplemental Cash Flow Information

The table below presents certain information related to the costs for operating leases and finance leases for the three and nine months ended September 30, 2022 and 2021 (in thousands):

			Three Months Ended September 30,												Nine Months Ended September 30,
			2022						2021						2022						2021
Operating Leases
Operating lease cost			$	16,916					$	20,250					$	52,078					$	56,415
Finance Leases
Amortization of right-of-use assets			3,828						5,893						11,589						19,348
Interest on lease liabilities			261						277						676						850
Other Lease Costs
Short-term lease cost			1,191						1,091						4,176						4,151
Variable lease cost (1)			3,796						244						12,790						4,018
Total lease cost			$	25,992					$	27,755					$	81,309					$	84,782

_______________

(1)Consists primarily of common area maintenance, taxes and utilities for real estate leases, and certain vehicle-related charges under the Flexdrive program.

The table below presents certain supplemental information related to the cash flows for operating and finance leases recorded on the condensed consolidated statements of cash flows (in thousands):

			Nine Months Ended September 30,
			2022						2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases			$	58,005					$	63,204
Operating cash flows from finance leases			689						835
Financing cash flows from finance leases			21,706						28,661

Schedule of Operating Lease Liabilities

The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the lease liabilities recorded on the condensed consolidated balance sheet as of September 30, 2022 (in thousands):

			Operating Leases						Finance Leases						Total Leases
Remainder of 2022			$	11,764					$	3,466					$	15,230
2023			61,651						12,587						74,238
2024			54,746						8,965						63,711
2025			42,769						2,181						44,950
2026			28,642						776						29,418
Thereafter			68,601						1,411						70,012
Total minimum lease payments			268,173						29,386						297,559
Less: amount of lease payments representing interest			(42,707)						(1,527)						(44,234)
Present value of future lease payments			225,466						27,859						253,325
Less: current obligations under leases			(46,383)						(11,976)						(58,359)
Long-term lease obligations			$	179,083					$	15,883					$	194,966

Schedule of Finance Lease Liabilities

The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the lease liabilities recorded on the condensed consolidated balance sheet as of September 30, 2022 (in thousands):

			Operating Leases						Finance Leases						Total Leases
Remainder of 2022			$	11,764					$	3,466					$	15,230
2023			61,651						12,587						74,238
2024			54,746						8,965						63,711
2025			42,769						2,181						44,950
2026			28,642						776						29,418
Thereafter			68,601						1,411						70,012
Total minimum lease payments			268,173						29,386						297,559
Less: amount of lease payments representing interest			(42,707)						(1,527)						(44,234)
Present value of future lease payments			225,466						27,859						253,325
Less: current obligations under leases			(46,383)						(11,976)						(58,359)
Long-term lease obligations			$	179,083					$	15,883					$	194,966

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Schedule of lease position.

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- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

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