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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Components of Lease Expense
The components of lease expense were as follows:
Year Ended December 31,
(In thousands)Classification20212020
Operating lease cost
Operating lease costOperating and SG&A expenses$54,131 $46,082 
Variable lease costOperating and SG&A expenses20,449 12,095 
Short-term lease costOperating and SG&A expenses4,862 4,964 
Total operating lease cost$79,442 $63,141 
Finance lease cost
Amortization of leased assetsDepreciation and amortization$1,693 $2,376 
Interest on lease liabilitiesInterest expense, net300 627 
Total finance lease cost$1,993 $3,003 
Summary of Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases was as follows:
Year Ended December 31,
(In thousands)20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$53,527 $44,774 
Operating cash flows from finance leases293 491 
Financing cash flows from finance leases6,179 2,588 
Summary of Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases was as follows:
December 31,
(In thousands)20212020
Operating leases
Operating lease right-of-use assets, gross$221,732 $214,548 
Accumulated amortization(42,481)(33,995)
Operating lease right-of-use assets, net$179,251 $180,553 
Current portion of operating leases$40,151 $35,725 
Non-current operating leases155,098 160,248 
Total operating lease liabilities$195,249 $195,973 
Finance leases
Property and equipment, gross$6,278 $16,404 
Accumulated depreciation(2,407)(3,807)
Property and equipment, net$3,871 $12,597 
Current portion of finance leases$546 $3,507 
Non-current finance leases2,459 5,675 
Total finance lease liabilities$3,005 $9,182 
Summary of Additional Information Related to Leases
The following presents additional information related to the Company’s leases as of December 31, 2021:
December 31,
20212020
Weighted Average Remaining Lease Term
Operating leases7.8 years8.6 years
Finance leases16.4 years7.0 years
Weighted Average Discount Rate
Operating leases5.7 %6.0 %
Finance leases6.1 %6.5 %
Summary of Maturities of Lease Liabilities
As of December 31, 2021, maturities of lease liabilities were as follows:
(In thousands)Operating LeasesFinance LeasesTotal
2022$49,570 $629 $50,199 
202343,477 632 44,109 
202441,081 338 41,419 
202524,594 306 24,900 
202615,948 200 16,148 
Thereafter75,650 3,410 79,060 
Total lease payments250,320 5,515 255,835 
Amount of interest(55,071)(2,510)(57,581)
Present value of lease liabilities$195,249 $3,005 $198,254 
Summary of Minimum and Contingent Operating Lease Income
Minimum and contingent operating lease income was as follows:
Year Ended December 31,
(In thousands)202120202019
Minimum rental income$6,041 $3,913 $7,479 
Contingent rental income3,169 1,840 1,527 
Total rental income$9,210 $5,753 $9,006 
Summary of Future Minimum Rental Payments to be Received Under Operating Leases
Future minimum rent payments to be received under operating leases are as follows (in thousands):
Year Ending December 31,Amount
2022$4,932 
20234,235 
20243,298 
20253,292 
20262,470 
Thereafter1,601 
Total future minimum rent payments$19,828