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LEASES (Tables)
 6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Schedule of lease expense
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2021202020212020
Fixed lease costs (1)
$(3,972)$4,943 $(3,672)$9,761 
Short-term lease costs515 371 974 826 
Variable lease costs1,340 969 2,727 2,247 
$(2,117)$6,283 $29 $12,834 
(1) The decrease in fixed lease costs in three and six months ended June 30, 2021 was due to the modification of the Headquarters Lease.
Schedule of right of use asset and lease liabilities
(in thousands)June 30, 2021December 31, 2020
Right of use assets (1)
$51,058 $67,651 
Lease liabilities (2)
$13,682 $18,541 
Long-term lease liabilities$42,063 $59,053 
(1) Represents the Company’s right to use the leased asset during the lease term. Included in other long-term assets.
(2) Included in other current liabilities.
Schedule of weighted average and discount rate
Weighted-average remaining lease term and discount rate for the Company’s leases were:
June 30, 2021December 31, 2020
Weighted-average remaining lease term4.9 years4.7 years
Weighted-average discount rate (1)
4.6 %5.4 %

(1) The rates implicit in most of the Company’s leases are not readily determinable. Therefore, the Company uses its incremental borrowing rate as the discount rate when measuring operating lease liabilities. The incremental borrowing rate represents an estimate of the interest rate the Company would incur to borrow an amount equal to the lease payments on a collateralized basis over the lease term in a similar economic environment.
Schedule of lease maturities after adoption of 842
Maturities of lease liabilities:
(in thousands)June 30, 2021
Remainder of 2021$8,783 
202213,888 
202313,300 
202410,021 
20256,913 
20262,653 
Thereafter7,170 
Total lease payments62,728 
Less: imputed interest (1)
(6,983)
$55,745 
(1) Lease liabilities are measured at the present value of the remaining lease payments using a discount rate determined at lease commencement, unless the discount rate is updated due to a lease reassessment event.
Schedule of supplemental cash flow lease information Cash flow information
Six Months Ended
June 30,
(in thousands)20212020
Cash paid for leases$11,605 $10,945 
Right of use assets recognized for new leases and amendments (non-cash)$10,160 $10,077