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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Lease, Cost
The components of lease cost consisted of the following:
Year Ended December 31,
(in thousands)20202019
Operating lease cost(1)
$104,906 $78,609 
Variable lease cost(1)
58,391 60,085 
Short term lease cost(1)
9,600 9,013 
$172,897 $147,707 
(1) For the year ended December 31, 2018, prior to the adoption of ASC 842 on January 1, 2019, rent expenses of $143.9 million and $1.6 million was included in SG&A expense and Cost of sales, respectively.
Lessee, Operating Lease, Liability, Maturity
The following table presents the future maturities of liabilities as of December 31, 2020:
(in thousands)
2021$92,756 
202273,936 
202366,328 
202458,726 
202551,134 
Thereafter130,429 
Total lease payments473,309 
Less: imputed interest(54,662)
Total lease liabilities418,647 
Less: current obligations(65,466)
Long-term lease obligations$353,181