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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Summary of Components of Lease Expense

The components of lease expense for 2022, 2021, and 2020 was as follows (in thousands):

 

 

 

2022

 

 

2021

 

 

2020

 

Operating lease expense

 

$

21,516

 

 

$

26,131

 

 

$

26,360

 

Variable lease expense

 

 

4,103

 

 

 

4,530

 

 

 

4,518

 

Short-term lease expense

 

 

1,105

 

 

 

582

 

 

 

625

 

Sublease income

 

 

(2,246

)

 

 

(2,596

)

 

 

(2,066

)

Total net lease expense

 

$

24,478

 

 

$

28,647

 

 

$

29,437

 

Summary of Other Information Related to Operating Leases

Other information related to leases for 2022, 2021, and 2020 was as follows (in thousands, except term and discount rate):

 

 

 

2022

 

 

2021

 

 

2020

 

Supplemental Cash Flows Information:

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of
    operating lease liabilities

 

$

21,125

 

 

$

23,272

 

 

$

21,130

 

Right-of-use assets obtained in exchange for new operating
    lease liabilities

 

 

3,817

 

 

 

3,909

 

 

 

37,987

 

Weighted-average remaining lease term - operating
    leases

 

54 months

 

 

59 months

 

 

69 months

 

Weighted-average discount rate - operating
    leases

 

 

3.84

%

 

 

3.30

%

 

 

3.62

%

Summary of Future Minimum Lease Payments Under Non-cancellable Operating Leases

Future minimum lease payments under non-cancelable leases as of December 31, 2022 were as follows (in thousands):

 

2023

 

$

22,841

 

2024

 

 

21,352

 

2025

 

 

15,343

 

2026

 

 

6,037

 

2027

 

 

4,498

 

Thereafter

 

 

10,382

 

Total future minimum lease payments (1)

 

 

80,453

 

Less: Interest (2)

 

 

(6,234

)

Total

 

$

74,219

 

 

 

 

 

Current operating lease liabilities

 

$

21,012

 

Non-current operating lease liabilities

 

 

53,207

 

Total

 

$

74,219

 

 

(1) For leases commencing prior to 2019, minimum lease payments exclude payments for real estate taxes and non-lease components.

(2) We use our functional currency adjusted incremental borrowing rate for the discount rate.