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Leases | 12 Months Ended
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Dec. 31, 2021
Leases [Abstract] |
Leases | Leases The Company has leased buildings, vehicles, furniture and fixtures, leased lines, computer equipment and servers from various lessors. Certain lease agreements include options to terminate or extend the leases for up to 10 years. The lease agreements do not contain any material residual value guarantees or material restrictive covenants. The components of lease cost for operating and finance leases for the years ended December 31, 2019, 2020 and 2021 are summarized below:
| Year ended December 31, 2019 | Year ended December 31, 2020 | Year ended December 31, 2021
Finance lease cost: |  |  |
Amortization of ROU assets (Note a) | 9,302 |  | 12,483 |  | 15,549 |
Interest on lease liabilities (Note b) | 2,997 |  | 2,454 |  | 2,538 |
Operating lease cost (Note c) | 74,436 |  | 88,596 |  | 81,637 |
Short-term lease cost (Note c) | 438 |  | 1,643 |  | 1,057 |
Variable lease cost (Note c) | 4,052 |  | 5,347 |  | 5,307 |
Total lease cost | $ | 91,225 |  | $ | 110,523 |  | $ | 106,088 |
a)Included in “depreciation and amortization” in the consolidated statements of income. b)Included in “interest income (expense), net” in the consolidated statements of income. c)Included in “cost of revenue” and “selling, general and administrative expenses” in the consolidated statements of income. ROU assets relating to finance leases of $50,083 and $34,284 as of December 31, 2020 and December 31, 2021, respectively, are included in “other assets.” The operating lease cost set out above includes the effect of the reclassification of foreign exchange (gains) losses related to the effective portion of foreign currency derivative contracts amounting to $(105), $161 and $(333) for the years ended December 31, 2019, 2020 and 2021, respectively. Other information
| Year ended December 31, 2019 | Year ended December 31, 2020 | Year ended December 31, 2021
Weighted-average remaining lease term—finance leases | 3.9 years | 3.1 years | 2.34 years
Weighted-average remaining lease term—operating leases | 6.77 years | 6.42 years | 5.76 years
Weighted-average discount rate—finance leases | 9.20 | % | 6.61 | % | 5.70 | %
Weighted-average discount rate—operating leases | 6.87 | % | 7.28 | % | 6.98 | %
| Year ended December 31, 2019 | Year ended December 31, 2020 | Year ended December 31, 2021
Cash paid for amounts included in the measurement of lease liabilities |  |  |
Operating cash flows from finance leases | $ | 2,859 |  | $ | 2,898 |  | $ | 2,592 |
Operating cash flows from operating leases | $ | 72,645 |  | $ | 92,010 |  | $ | 80,159 |
Financing cash flows from finance leases | $ | 7,380 |  | $ | 10,567 |  | $ | 13,926 |
12. Leases (Continued) The following table reconciles the undiscounted cash flows for the Company’s operating and finance leases as of December 31, 2021 to the operating and finance lease liabilities recorded on the Company’s consolidated balance sheet:
Period range | Finance lease |  | Operating lease
2022 | $ | 20,008 |  |  | $ | 80,226 |
2023 | 10,178 |  |  | 73,374 |
2024 | 5,105 |  |  | 62,132 |
2025 | 2,062 |  |  | 64,383 |
2026 | 34 |  |  | 37,131 |
Thereafter | — |  |  | 66,004 |
Total lease payments | $ | 37,387 |  |  | $ | 383,250 |
Less: Imputed interest | 2,541 |  |  | 73,952 |
Total lease liabilities | $ | 34,846 |  |  | $ | 309,298 |
The following table reconciles the undiscounted cash flows for the Company’s operating and finance leases as of December 31, 2020 to the operating and finance lease liabilities recorded on the Company’s consolidated balance sheet:
Period range | Finance lease |  | Operating lease
2021 | $ | 19,584 |  |  | $ | 78,148 |
2022 | 17,165 |  |  | 75,288 |
2023 | 10,081 |  |  | 66,790 |
2024 | 3,876 |  |  | 56,013 |
2025 | 1,000 |  |  | 43,696 |
Thereafter | — |  |  | 117,580 |
Total lease payments | $ | 51,706 |  |  | $ | 437,515 |
Less: Imputed interest | 2,682 |  |  | 91,673 |
Total lease liabilities | $ | 49,024 |  |  | $ | 345,842 |
During the year ended December 31, 2020, the Company recorded an impairment charge of $16,322 relating to operating lease right-of-use assets due to the Company’s shift to a virtual operating environment. There were no corresponding impairment charges during the years ended December 31, 2019 and 2021. Of the total impairment charge recorded in the year ended December 31, 2020, $8,482 pertains to restructuring charges. See Note 28 for additional details.

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