Leases (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Financial Statement Classification of Lease Balances With Consolidated Balance Sheet

The following table provides information about the financial statement classification of our lease balances reported within the consolidated balance sheets as of December 31, 2021 and December 31, 2020 (in thousands):


Leases	Classification	December 31, 2021		December 31, 2020
Assets
Operating lease assets	Other assets	$	72,605	$	79,418
Finance lease assets	Property and equipment(a)	80		2,103
Total lease assets		$	72,685	$	81,521
Liabilities
Current
Operating lease liabilities	Accrued expenses and other current liabilities	$	20,667	$	20,848
Finance lease liabilities	Current portion of long-term debt	36		1,105
Non-current
Operating lease liabilities	Other liabilities	58,442		65,192
Finance lease liabilities	Long-term debt	27		1,162
Total lease liabilities		$	79,172	$	88,307


			(a)			Recorded net of accumulated amortization of $27,000 and $2,162,000 as of December 31, 2021 and 2020, respectively.

Schedule of Financial Statement Classification of Lease Balances With Consolidated Statement of Operations

The following table provides information about the financial statement classification of our lease expenses reported within the consolidated statement of operations for the year ended December 31, 2021 and 2020 (in thousands):


Lease cost	Classification	Year ended December 31, 2021		Year ended December 31, 2020
Operating lease cost (a) (b)	Selling and administrative expenses	$	24,839	$	25,918
Finance lease cost
Amortization of leased assets	Selling and administrative expenses	697		1,301
Interest on lease liabilities	Interest expense, net	33		104
Total lease cost		$	25,569	$	27,323


			(a)			Includes immaterial amounts recorded to cost of goods sold.
			(b)			Excludes short-term and variable lease costs, which are immaterial.

Schedule of Future Minimum Lease Payments Under Non-cancelable Leases

Future minimum lease payments under non-cancelable leases as of December 31, 2021 are as follows (in thousands):


	Operating leases		Finance leases		Total
2022	$	22,387	$	36	$	22,423
2023	16,757		27		16,784
2024	11,509		—		11,509
2025	9,525		—		9,525
2026	8,232		—		8,232
After 2026	18,261		—		18,261
Total lease payments	86,671		63		86,734
Less: Interest	(7,562)		—		(7,562)
Present value of lease liabilities	$	79,109	$	63	$	79,172

Schedule of Weighted Average Remaining Term and Discount Rates

The following table provides information about the remaining lease terms and discount rates applied as of December 31, 2021 and 2020:


	December 31, 2021	December 31, 2020
Weighted average remaining lease term (years):
Operating leases	5.79	6.01
Finance leases	1.75	2.37
Weighted average discount rate (%):
Operating leases	3.09	3.35
Finance leases	1.49	3.27

Schedule of Other Information Related to Leases

The following table provides other information related to leases for the year ended December 31, 2021 and 2020 (in thousands):


	December 31, 2021		December 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	24,640	$	25,849
Leased assets obtained in exchange for new operating lease liabilities	15,980		25,583