XML 24 R14.htm IDEA: XBRL DOCUMENT
v3.23.1

Leases | 3 Months Ended
--- | ---
Mar. 31, 2023
Leases [Abstract] |
Leases | Leases The Company has operating leases for corporate and field offices, and certain equipment. The Company’s leases have remaining lease terms of less than 1 year to 9 years, some of which include options to extend the leases for up to 10 years, and some of which include options to terminate the leases within 1 year. Operating lease expense was $22.4 million and $22.6 million for the three months ended March 31, 2023 and 2022, respectively. Supplemental cash flow information related to leases consisted of the following (in thousands):
| Three Months Ended March 31,
| 2023 |  | 2022
Cash paid for operating lease liabilities | $ | 24,005 |  |  | $ | 22,986 |
Right-of-use assets obtained in exchange for new operating lease liabilities | $ | 6,342 |  |  | $ | 20,389 |
Supplemental balance sheet information related to leases consisted of the following:
| March 31, 2023 |  | December 31, 2022
Weighted average remaining lease term for operating leases | 3.3 years |  | 3.5 years
Weighted average discount rate for operating leases | 2.3 | % |  | 2.2 | %
Future minimum lease payments under non-cancellable leases as of March 31, 2023, were as follows (in thousands):
2023 (excluding the three months ended March 31, 2023) | $ | 69,002 |  |
2024 | 69,475 |  |
2025 | 42,368 |  |
2026 | 27,874 |  |
2027 | 14,645 |  |
Thereafter | 7,438 |  |
Less: Imputed interest | (8,768) |  |
Present value of operating lease liabilities (a) | $ | 222,034 |  |
(a) Includes the current portion of $86.1 million for operating leases. As of March 31, 2023, the Company had additional future minimum lease obligations totaling $6.1 million under executed operating lease contracts that had not yet commenced. These operating leases include agreements for corporate and field office facilities with lease terms of 1 to 7 years.

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 https://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration