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Leases (Tables) | 12 Months Ended
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Dec. 31, 2020
Leases [Abstract] |
Schedule of Present Value of Lease Payments for Remaining Lease Term | Based on the present value of the lease payments for the remaining lease term of the Company’s existing leases, the Company’s right-of-use assets and lease liabilities for operating leases as of December 31, 2020 and 2019 were as follows:
(in thousands) |  | Classification |  | December 31, 2020 |  |  | December 31, 2019 |
Assets |  |  |  |  |  |  |  |  |  |
Operating lease right-of-use assets |  | Other assets |  | $ | 49,772 |  |  | $ | 93,924 |
Liabilities |  |  |  |  |  |  |  |  |  |
Current operating lease liabilities |  | Other accrued expenses |  |  | 20,894 |  |  |  | 34,072 |
Noncurrent operating lease liabilities |  | Other long-term liabilities |  |  | 44,737 |  |  |  | 84,902 |
Total lease liabilities |  |  |  | $ | 65,631 |  |  | $ | 118,974 |
Schedule of Right-of-use Assets and Related Lease Liabilities | Information related to the Company’s right-of-use assets and related lease liabilities were as follows:
|  | Year Ended December 31, |
(in thousands) |  | 2020 |  |  | 2019 |
Cash paid for operating lease liabilities |  | $ | 42,670 |  |  | $ | 32,229 |
Right-of-use assets obtained in exchange for new operating lease obligations |  |  | 7,496 |  |  |  | 40,536 |
Weighted-average remaining lease term |  |  | 4.7 years |  |  |  | 4.4 years |
Weighted-average discount rate |  |  | 9.8 | % |  |  | 10.0 | %
Schedule of Maturities of Lease Liabilities | Maturities of lease liabilities as of December 31, 2020 were as follows:
(in thousands) |  |  |  |
202 1 |  | $ | 27,323 |
202 2 |  |  | 17,691 |
202 3 |  |  | 11,748 |
202 4 |  |  | 8,962 |
202 5 |  |  | 5,266 |
Thereafter |  |  | 7,004 |
Total lease payments |  | $ | 77,994 |
Less imputed interest |  |  | (12,363 | )
Present value of lease liabilities |  | $ | 65,631 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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