Leases (Tables)

6 Months Ended

Jun. 30, 2021

Leases [Abstract]

Schedule of future minimum lease payments under non-cancelable operating leases

Future minimum lease payments under non-cancelable operating leases (with initial lease terms in excess of one year) as of June 30, 2021 are:

	As of June 30, 2021
Maturity of Lease Liabilities (in thousands)	Operating Leases (1)
Remainder of 2021	$	24,415
2022	43,882
2023	33,890
2024	25,040
2025	17,766
Thereafter	35,016
Total lease payments	$	180,009
Less: imputed interest	(4,307		)
Present value of lease liabilities	$	175,702

(1)  Operating lease payments reflect the Company's current fixed obligations under the operating lease agreements. Certain ATM site leases contain termination options that grant the Company the option to terminate the lease prior to the stated term of the agreement. The Company includes the future minimum lease payments for these ATM site leases only to the extent that the termination option is not reasonably certain to be exercised.

Schedule of lease expense recognized in consolidated statements of income

Lease expense recognized in the Consolidated Statements of Income is summarized as follows: 

Lease Expense  (in thousands)	Income Statement Classification	Three Months Ended June 30, 2021		Three Months Ended June 30, 2020		Six Months Ended June 30, 2021		Six Months Ended June 30, 2020
Operating lease expense	Selling, general and administrative and Direct operating costs	$	14,146	$	21,045	$	28,004	$	54,233
Short-term and variable lease expense	Selling, general and administrative and Direct operating costs		26,921		12,281		49,471		20,961
Total lease expense		$	41,067	$	33,326	$	77,475	$	75,194

Schedule of other information about lease amounts recognized in consolidated financial statements

Other information about lease amounts recognized in the consolidated financial statements is summarized as follows:  

Lease Term and Discount Rate of Operating Leases	As of June 30, 2021
Weighted- average remaining lease term (years)	5.2
Weighted- average discount rate	2.3	%

Schedule of supplemental cash flow and non-cash information related to leases

The following table presents supplemental cash flow and non-cash information related to leases.

Other Information (in thousands)	Six Months Ended June 30, 2021		Six Months Ended June 30, 2020
Cash paid for amounts included in the measurement of lease liabilities (a)	$	26,321	$	53,869
Supplemental non-cash information on lease liabilities arising from obtaining ROU assets:
ROU assets obtained in exchange for new operating lease liabilities	$	49,270	$	52,764

(a) Included in Net cash provided by operating activities on the Company's Consolidated Statements of Cash Flows.