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Leases (Tables) | 3 Months Ended
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Mar. 31, 2022
Leases [Abstract] |
Summary of Lease Costs | The components of lease costs for the three months ended March 31, 2022 and March 31, 2021 are as follows (in thousands):
|  | Three Months Ended |
|  | March 31, 2022 |  |  | March 31, 2021 |
Operating lease cost |  | $ | 16,176 |  |  | $ | 16,361 |
Short-term lease cost |  |  | 3,480 |  |  |  | 2,032 |
Amortization of right-of-use assets |  |  | 548 |  |  |  | 474 |
Interest on lease liabilities |  |  | 21 |  |  |  | 29 |
Sublease income |  |  | (1,035 | ) |  |  | (776 | )
Total lease cost |  | $ | 19,190 |  |  | $ | 18,120 |
Schedule of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases for the three months ended March 31, 2022 and March 31, 2021 is as follows (in thousands):
|  | Three Months Ended |
|  | March 31, 2022 |  |  | March 31, 2021 |
Operating cash flows for operating leases |  | $ | 17,506 |  |  | $ | 16,627 |
Operating cash flows for finance leases |  |  | 21 |  |  |  | 30 |
Financing cash flows from finance leases |  |  | 511 |  |  |  | 480 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  |  | 2,304 |  |  |  | 4,865 |
Right-of-use assets obtained in exchange for new finance lease liabilities |  | $ | - |  |  | $ | 619 |
Schedule of Supplemental Balance Sheet and Other Information Related to Leases | Supplemental balance sheet and other information related to leases as of March 31, 2022 and December 31, 2021 are as follows (in thousands):
|  | March 31, 2022 |  |  | December 31, 2021 |
Operating Leases: |  |  |  |  |  |  |  |
Right-of-use assets |  | $ | 171,907 |  |  | $ | 182,672 |
Lease liabilities: |  |  |  |  |  |  |  |
Current |  | $ | 57,197 |  |  | $ | 55,902 |
Long-term |  |  | 135,276 |  |  |  | 148,893 |
Total operating lease liabilities |  | $ | 192,473 |  |  | $ | 204,795 |
Finance Leases: |  |  |  |  |  |  |  |
Other noncurrent assets |  | $ | 3,842 |  |  | $ | 4,389 |
Accrued expenses and other current liabilities |  | $ | 1,661 |  |  | $ | 1,822 |
Other long-term liabilities |  | $ | 2,073 |  |  | $ | 2,422 |
Weighted Average Remaining Lease Term: |  |  |  |  |  |  |  |
Operating leases |  | 4.1 Years |  |  | 4.3 years |
Finance leases |  | 2.7 Years |  |  | 2.9 years |
Weighted Average Discount Rate: |  |  |  |  |  |  |  |
Operating leases |  |  | 3.4 | % |  |  | 3.5 | %
Finance leases |  |  | 2.1 | % |  |  | 2.1 | %
Schedule of Maturity Analysis of Future Undiscounted Cash Flows | A maturity analysis of the future undiscounted cash flows associated with the Company’s operating and finance lease liabilities as of March 31, 2022 is as follows (in thousands):
|  | Operating Leases |  |  | Finance Leases |
2022 (remaining) |  | $ | 48,184 |  |  | $ | 1,378 |
2023 |  |  | 53,184 |  |  |  | 1,221 |
2024 |  |  | 41,599 |  |  |  | 812 |
2025 |  |  | 30,955 |  |  |  | 454 |
2026 |  |  | 17,564 |  |  |  | 11 |
Thereafter |  |  | 14,607 |  |  |  | - |
Total lease payments |  |  | 206,093 |  |  |  | 3,876 |
Less: imputed interest |  |  | (13,620 | ) |  |  | (142 | )
Total present value of lease liabilities |  | $ | 192,473 |  |  | $ | 3,734 |

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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 http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
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