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Note 6 - Leases
12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Lessee, Operating Leases [Text Block]
6.
Leases
 
The Company has operating leases for corporate offices, copiers, and certain equipment. Its leases have remaining lease terms of
1
year to
11
years, some of which
may
include options to extend the leases for up to
10
years, and some of which
may
include options to terminate the leases within
1
year. The Company evaluates renewal terms on a lease by lease basis to determine if the renewal is reasonably certain. The amount of operating lease expense recorded in the statement of earnings for the
twelve
months ended
December 
31,
2020
was
$37,788
(
2019
-
$32,161
).
 
Other information related to leases was as follows (in thousands, except lease term and discount rate):
 
Supplemental Cash Flows Information, twelve months ended December 31   2020
     
Cash paid for amounts included in the measurement of operating lease liabilities   $
37,018
 
Right-of-use assets obtained in exchange for operating lease obligation   $
50,963
 
         
Weighted Average Remaining Operating Lease Term (years)    
5
 
Weighted Average Discount Rate    
3.7
%
 
Future minimum operating lease payments under non-cancellable leases as of
December 31, 2020
were as follows:
 
     
2021   $
47,803
 
2022    
39,607
 
2023    
28,175
 
2024    
20,863
 
2025    
14,985
 
Thereafter    
29,984
 
Total future minimum lease payments    
181,417
 
Less imputed interest    
(17,309
)
Total    
164,108