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LEASES (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Components of Lease Expense
The components of lease expense were as follows:
Lease Cost
For the Years Ended December 31,
202120202019
(amounts in thousands)
Operating lease cost$48,999 $49,061 $50,169 
Variable lease cost11,517 10,575 9,691 
Short-term lease cost— — 182 
Total lease cost$60,516 $59,636 $60,042 
The following table provides the Company’s rent expense for the periods indicated:
Years Ended December 31,
202120202019
(amounts in thousands)
Rent expense$59,571 $58,656 $58,947 
Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases was as follows:
For the Years Ended December 31,
Description202120202019
(amounts in thousands)
Cash paid for amounts included in measurement of lease liabilities$53,838 $53,237 $52,056 
Lease liabilities arising from obtaining right-of-use assets (1)
$28,608 $11,851 $315,377 
(1)ROU assets obtained in exchange for lease obligations in 2019 include transition liabilities upon implementation of the amended leasing guidance, as well as new leases entered into during the year ended December 31, 2019.
Supplemental Balance Sheet information Related to Leases
Supplemental balance sheet information related to leases was as follows:
DescriptionDecember 31, 2021December 31, 2020
(amounts in thousands)
Operating Leases
Operating leases right-of-use assets$229,607 $236,903 
Operating lease liabilities (current)$39,598 $40,439 
Operating lease liabilities (noncurrent)$217,281 $229,400 
Total operating lease liabilities$256,879 $269,839 
December 31, 2021December 31, 2020
Weighted Average Remaining Lease Term
Operating leases7 years8 years
Weighted Average Discount Rate
Operating leases4.7 %4.9 %
Aggregate Maturities of Lease Liability
The aggregate maturities of the Company’s lease liabilities as of December 31, 2021, are as follows:
Lease Maturities
Operating Leases
(amounts in thousands)
Years ending Years ending December 31:
2022$53,134 
202349,959 
202444,483 
202538,386 
202632,099 
Thereafter84,982 
Total lease payments303,043 
Less: imputed interest(46,164)
Total$256,879