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LEASES (Tables)
12 Months Ended
Dec. 31, 2020
LEASES  
Components of operating lease cost

Year Ended December 31,

    

2020

    

2019

Operating lease cost

$

22,920

$

11,052

Short-term and variable lease cost

1,895

4,726

Total operating lease cost

$

24,815

$

15,778

Schedule of maturities of operating lease liabilities

Year Ending December 31,

    

    

2021

$

21,126

2022

 

16,177

2023

 

12,979

2024

 

11,593

2025

10,133

Thereafter

74,635

Total lease payments

146,643

Less: Interest

(34,058)

Present value of lease liabilities

$

112,585

Schedule of other information related to leases

Year Ended December 31,

    

2020

    

2019

Weighted average remaining lease term (in years)

10.65

7.50

Weighted average discount rate

4.63

%

4.05

%

Cash paid for operating lease liabilities

$

21,877

$

12,101

Right-of-use assets obtained in exchange for operating lease liabilities(1)

$

33,741

$

84,551

(1)Included in 2019 are the right-of-use assets of $60.1 million obtained in connection with the acquisition of Artesyn in September 2019. Subsequent measurement period adjustments that occurred in the year ended December 31, 2020 reduced this amount to $54.4 million. See Note 2. Business Acquisitions for more details.