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LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Assets and Liabilities, Lessee
The following summarizes right-of-use assets as of December 31, 2022 and 2021 (in thousands):
December 31, 2022December 31, 2021
Right-of-use assets - operating leases$60,204 $91,934 
Right-of-use assets - finance leases (1)
— 3,299 
Total right-of-use assets, gross60,204 95,233 
Less: accumulated depreciation and amortization (48,077)(46,041)
Right-of-use assets, net $12,127 $49,192 
(1)Right-of-use assets for finance leases are included in Property, equipment and software, net on the Consolidated Balance Sheet.
As of December 31, 2022 and 2021, the weighted-average remaining lease term and weighted-average discount rate for our operating leases were as follows:
December 31, 2022December 31, 2021
Weighted-average lease term1 year3 years
Weighted-average discount rate6.4 %5.4 %
Schedule of Lease Cost
The following table summarizes our lease costs and sublease income for the years ended December 31, 2022, 2021 and 2020 (in thousands):
Year Ended December 31,
202220212020
Financing lease cost:
Amortization of right-of-use assets$543 $3,621 $6,737 
Interest on lease liabilities12 120 522 
Total finance lease cost555 3,741 7,259 
Operating lease cost (1)
20,880 25,346 30,870 
Variable lease cost (2)
7,966 6,378 8,143 
Short-term lease cost57 83 313 
Sublease income, gross (3)
(3,949)(4,650)(4,693)
Total lease cost$25,509 $30,898 $41,892 
(1)Operating lease costs presented as Selling, general and administrative and Restructuring and related charges in the Consolidated Statements of Operations totaled $15.7 million and $5.2 million for the year ended December 31, 2022, $17.6 million and $7.8 million     for the year ended December 31, 2021 and $23.1 million and $7.8 million for the year ended December 31, 2020.
(2)Variable lease costs presented as Selling, general and administrative and Restructuring and related charges in the Consolidated Statements of Operations totaled $5.6 million and $2.4 million for the year ended December 31, 2022, $4.7 million and $1.7 million for the year ended December 31, 2021 and $7.0 million and $1.1 million for the year ended December 31, 2020.
(3)Sublease income, gross presented entirely as Restructuring and related charges in the Consolidated Statements of Operations for the years ended December 31, 2022 and December 31, 2021 and presented as Selling, general and administrative and Restructuring and related charges in the Consolidated Statements of Operations totaled $1.2 million and $3.5 million for the year ended December 31, 2020.
Schedule of Finance Lease Liabilities
As of December 31, 2022, the future payments under operating leases for each of the next five years and thereafter are as follows (in thousands):
Operating Leases
202338,733 
20246,640 
20252,473 
2026437 
202775 
Thereafter — 
Total minimum lease payments48,358 
Less: Amount representing interest(1,523)
Present value of net minimum lease payments46,835 
Less: Current portion of lease obligations(37,525)
Total long-term lease obligations$9,310 
Schedule of Operating Lease Liabilities
As of December 31, 2022, the future payments under operating leases for each of the next five years and thereafter are as follows (in thousands):
Operating Leases
202338,733 
20246,640 
20252,473 
2026437 
202775 
Thereafter — 
Total minimum lease payments48,358 
Less: Amount representing interest(1,523)
Present value of net minimum lease payments46,835 
Less: Current portion of lease obligations(37,525)
Total long-term lease obligations$9,310