Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Components of lease expense

The components of lease expense were as follows:

	For the Year Ended December 31,
	2020		2019
	(In thousands)
Operating lease cost	$	52,882	$	41,559
Finance lease cost
Amortization of leased assets	6,520		5,240
Interest on lease liabilities	987		933
Total finance lease cost	7,507		6,173
Short-term lease cost	7,188		8,927
Variable lease cost	5,307		5,416
Net lease cost	$	72,884	$	62,075

Rent expense was $43.6 million for the year ended December 31, 2018.

Other information related to leases was as follows:

	For the Year Ended December 31,
	2020			2019
Supplemental Cash Flows Information (in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	53,323		$	39,870
Operating cash flows for finance leases	946			893
Financing cash flows for finance leases	9,851			6,574
Weighted Average Remaining Lease Term (years)
Operating leases	3.9			4.7
Finance leases	3.1			3.6
Weighted Average Discount Rate
Operating leases	4.0		%	4.2		%
Finance leases	4.0		%	4.6		%

Maturity of operating lease liabilities

Maturities of lease liabilities were as follows:

	December 31, 2020
	Operating Leases		Finance Leases
	(In thousands)
2021	$	55,196	$	13,409
2022	36,850		6,395
2023	19,974		3,777
2024	10,213		1,063
2025	7,925		997
Thereafter	17,255		2,046
Total future minimum lease payments	147,413		27,687
Less: Imputed interest	(13,245)		(1,997)
Total	$	134,168	$	25,690

Maturity of finance lease liabilities

Maturities of lease liabilities were as follows:

	December 31, 2020
	Operating Leases		Finance Leases
	(In thousands)
2021	$	55,196	$	13,409
2022	36,850		6,395
2023	19,974		3,777
2024	10,213		1,063
2025	7,925		997
Thereafter	17,255		2,046
Total future minimum lease payments	147,413		27,687
Less: Imputed interest	(13,245)		(1,997)
Total	$	134,168	$	25,690