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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of future minimum lease payments

 

As of December 31, 2021 

Maturity of Lease Liabilities (in thousands)

Operating Leases (1)

2022

$

48,412

 

2023   

37,368

 

2024  

27,827

 

2025  

19,172

 

2026  

12,620

 

Thereafter

22,819

 

Total lease payments


168,218

 

Less: imputed interest

(4,727

)

Present value of lease liabilities

$

163,491

 

Schedule of lease expense recognized in consolidated statements of income

Lease Expense (in thousands)

Income Statement Classification

Year ended December 31, 2021

 

Year ended December 31, 2020

Operating lease expense

Selling, general and administrative and Direct operating costs

$ 55,613

 

$

83,102

 

Short-term and variable lease expense

Selling, general and administrative and Direct operating costs  


115,963

 

69,711

 

Total lease expense

 

$ 171,576

 

$

152,813

 

Schedule of other information about lease amounts recognized in consolidated financial statements

Lease Term and Discount Rate of Operating Leases

 

As of December 31, 2021

Weighted- average remaining lease term (years)

 

4.9

 

Weighted- average discount rate

 

2.24


Schedule of supplemental cash flow and non-cash information related to leases

Other Information (in thousands)


Year ended December 31, 2021

 

Year ended December 31, 2020

Cash paid for amounts included in the measurement of lease liabilities (a)


$ 51,464

 

$

79,447


Supplemental non-cash information on lease liabilities arising from obtaining ROU assets:




 

 

ROU assets obtained in exchange for new operating lease liabilities


$ 69,073

 

$

77,728