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Leases | 12 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Leases | (6) Leases The Company currently leases various facilities and equipment under cancelable and noncancelable operating leases. The accounting for the Company’s leases may require judgments, which include determining whether a contract contains a lease, allocating the consideration between lease and non-lease components, and determining the incremental borrowing rates. Leases with an initial noncancelable term of 12 months or less are not recorded on the balance sheet and the related lease expense is recognized on a straight-line basis over the lease term. The Company has also elected to combine lease and non-lease components on all classes of leased assets, except for leased towing vessels for which the Company estimat es approximately 70% of the costs relate to service costs and other non-lease components. Variable lease costs relate primarily to real estate executory costs (i.e. taxes, insurance and maintenance). Future minimum lease payments under operating leases that have initial noncancelable lease terms in excess of one year were as follows (in thousands):
2023 |  | $ | 41,227 |
2024 |  |  | 32,716 |
2025 |  |  | 24,807 |
2026 |  |  | 21,467 |
2027 |  |  | 19,253 |
Thereafter |  |  | 95,582 |
Total lease payments |  |  | 235,052 |
Less: imputed interest |  |  | (56,468 | )
Operating lease liabilities |  | $ | 178,584 |
The following table summarizes lease costs (in thousands):
|  | Year Ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Operating lease cost |  | $ | 42,319 |  |  | $ | 40,786 |  |  | $ | 43,810 |
Variable lease cost |  |  | 1,780 |  |  |  | 1,793 |  |  |  | 1,550 |
Short-term lease cost |  |  | 25,365 |  |  |  | 17,914 |  |  |  | 25,387 |
Sublease income |  |  | (305 | ) |  |  | (1,032 | ) |  |  | (1,143 | )
Total lease cost |  | $ | 69,159 |  |  | $ | 59,461 |  |  | $ | 69,604 |
The following table summarizes other supplemental information about the Company’s operating leases:
|  | December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Weighted average discount rate |  |  | 4.1 | % |  |  | 3.8 | % |  |  | 4.1 | %
Weighted average remaining lease term |  | 9 years |  |  | 9 years |  |  | 10 years |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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