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Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Amounts Reported in Unaudited and Audited Condensed Consolidated Balance Sheets for Operating Leases

Amounts reported in the Company’s Unaudited Condensed Consolidated Balance Sheets as of September 30, 2021 and December 31, 2020 for operating leases were as follows:

		September 30, 2021				December 31, 2020
		(Amounts in Thousands)
Operating lease assets, net		$	36,424			$	37,991

Short-term operating lease liabilities (in accrued expenses)			9,713				9,283
Long-term operating lease liabilities			33,509				35,516
Total operating lease liabilities		$	43,222			$	44,799

Components of Lease Costs Reported in General and Administrative Expenses in Unaudited Condensed Consolidated Statements of Income

Components of lease costs were reported in general and administrative expenses in the Company’s Unaudited Condensed Consolidated Statements of Income as follows:

		For the Three Months Ended September 30, (Amounts in Thousands)								For the Nine Months Ended September 30, (Amounts in Thousands)
		2021				2020				2021				2020
Operating lease costs		$	2,789			$	2,285			$	8,341			$	6,524
Short-term lease costs			197				147				572				575
Less: sublease income			(177	)			(74	)			(480	)			(224	)
Total lease costs, net		$	2,809			$	2,358			$	8,433			$	6,875

Schedule of Weighted Average Remaining Lease Terms and Discount Rates

Weighted average remaining lease terms and discount rates were as follows:

		September 30, 2021				December 31, 2020
Operating leases:
Weighted average remaining lease term			6.55				6.97
Weighted average discount rate			3.95	%			4.18	%

Summary of Remaining Operating Lease Payments

Remaining operating lease payments as of September 30, 2021 were as follows:

		Operating Leases
		(Amounts in Thousands)
Due in the 12-month period ended September 30,
2022		$	2,765
2023			10,717
2024			8,657
2025			6,520
2026			3,883
Thereafter			16,786
Total future minimum rental commitments			49,328
Less: Imputed interest			(6,106	)
Total lease liabilities		$	43,222

Supplemental Cash Flows Information

		For the Nine Months Ended September 30, (Amounts in Thousands)
		2021				2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	8,237			$	6,472

Right-of-use assets obtained in exchange for lease obligations:
Operating leases			5,706				21,399