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Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Lease Cost
The components of our global lease cost reflected in the consolidated statements of income for the years ended December 31, 2022, 2021 and 2020 are as follows:
(in thousands)202220212020
Lease liability cost$27,543 $28,357 $24,818 
Variable lease cost not included in the lease liability(1)
4,436 4,085 5,067 
Total lease cost$31,979 $32,442 $29,885 
(1) Variable lease cost includes common area maintenance, property taxes, utilities and fluctuations in rent due to a change in an index or rate.
Lessee, Operating Lease Other Information
Other information related to operating leases for the years ended December 31, 2022, 2021 and 2020 is as follows:
(in thousands)202220212020
Cash paid for amounts included in the measurement of the lease liability:
     Operating cash flows from operating leases$(26,767)$(28,474)$(22,470)
Right-of-use assets obtained in exchange for new operating lease liabilities
$36,735 $13,586 $48,248 

As of December 31,
20222021
Weighted-average remaining lease term of operating leases6.9 years7.2 years
Weighted-average discount rate of operating leases
3.1 %3.0 %
Schedule of Maturity of Operating Lease Liabilities
The maturity schedule of the operating lease liabilities as of December 31, 2022 is as follows:
(in thousands) 
2023$26,559 
202424,092 
202520,434 
202618,655 
202718,071 
Thereafter43,427 
     Total future lease payments151,238 
Less: Present value adjustment
(15,633)
     Present value of future lease payments(1)

$135,605 
(1)Includes the current portion of operating lease liabilities of $22.8 million, which is reflected in other accrued expenses and liabilities in the consolidated balance sheets.