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Leases | 12 Months Ended
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Dec. 31, 2021
Leases [Abstract] |
Leases |
7. | Leases
The Company has operating and finance leases for regional offices, manufacturing facilities, retail centers, distribution centers and certain equipment. The Company’s leases have remaining lease terms of 1 year to 23 years, some of which include options to extend the leases for up to 20 years, and some of which include options to terminate the leases within 1 year. As of December 31, 2021, the weighted average remaining lease term was 7.3 and 3.7 years for operating and finance leases, respectively. As of December 31, 2021, the weighted average discount rate was 3.8% and 3.8% for operating and finance leases, respectively. The components of lease expense were as follows (U.S. dollars in thousands):
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Operating lease expense |  |  |  |  |  |  |  |  |
Operating lease cost |  | $ | 48,447 |  |  | $ | 51,828 |  |  | $ | 51,072 |
Variable lease cost |  |  | 5,734 |  |  |  | 4,366 |  |  |  | 3,387 |
Short-term lease cost |  |  | 592 |  |  |  | 1,056 |  |  |  | 169 |
Sublease income |  |  | (5,663 | ) |  |  | (5,052 | ) |  |  | (5,743 | )
Finance lease expense |  |  |  |  |  |  |  |  |  |  |  |
Amortization of right-of-use assets |  |  | 2,398 |  |  |  | 1,023 |  |  |  | — |
Interest on lease liabilities |  |  | 319 |  |  |  | 154 |  |  |  | — |
Total lease expense |  | $ | 51,827 |  |  | $ | 53,375 |  |  | $ | 48,885 |
Supplemental cash flow information related to leases was as follows (U.S. dollars in thousands):
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Operating cash outflow from operating leases |  | $ | 51,570 |  |  | $ | 56,395 |  |  | $ | 54,993 |
Operating cash outflow from finance leases |  | $ | 322 |  |  | $ | 138 |  |  | $ | — |
Financing cash outflow from finance leases |  | $ | 1,871 |  |  | $ | 709 |  |  | $ | — |
Right-of-use assets obtained in exchange for operating lease obligations |  | $ | 25,427 |  |  | $ | 82,662 |  |  | $ | 184,502 |
Right-of-use assets obtained in exchange for finance lease obligations |  | $ | 74 |  |  | $ | 9,206 |  |  | $ | — |
Maturities of lease liabilities were as follows (U.S. dollars in thousands):
Year Ending December 31, |  | Operating Leases |  |  | Finance Leases |
2022 |  | $ | 35,960 |  |  | $ | 2,152 |
2023 |  |  | 24,806 |  |  |  | 2,064 |
2024 |  |  | 19,254 |  |  |  | 1,954 |
2025 |  |  | 14,336 |  |  |  | 1,381 |
2026 |  |  | 7,341 |  |  |  | 260 |
Thereafter |  |  | 36,612 |  |  |  | — |
Total |  |  | 138,309 |  |  |  | 7,811 |
Less: Finance charges |  |  | 17,658 |  |  |  | 548 |
Total principal liability |  | $ | 120,651 |  |  | $ | 7,263 |
The Company has additional lease liabilities of $5.2 million which have not yet commenced as of December 31, 2021, and as such, have not been recognized on the consolidated balance sheets.

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- 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 http://asc.fasb.org/subtopic&trid=77888251 + Details
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