Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Schedule of Occupancy Expense and Supplemental Cash Flow Information Related to Operating Leases

Our lease expense is a component of "Occupancy expense" on our condensed consolidated statements of earnings (loss). The following table presents the components of lease expense for the periods indicated:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
	(In thousands)
Operating lease expense:
Fixed costs	$	8,678	$	8,950	$	25,950	$	26,027
Variable costs	18		15		42		40
Short-term lease costs	357		117		1,042		312
Sublease income	(1,114)		(1,081)		(3,297)		(3,100)
Net lease expense	$	7,939	$	8,001	$	23,737	$	23,279

Schedule of Cash Flow, Supplemental Disclosures

The following table presents supplemental cash flow information related to leases for the periods indicated:

	Nine Months Ended
	September 30,
	2021		2020
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	27,386	$	25,198
ROU assets obtained in exchange for lease obligations:
Operating leases	$	29,840	$	19,027

Schedule of Supplemental Balance Sheet Information Related to Operating Leases

The following table presents supplemental balance sheet and other information related to operating leases as of the dates indicated:

	September 30,			December 31,
	2021			2020
	(Dollars in thousands)
Operating leases:
Operating lease right-of-use assets, net	$	124,926		$	119,787
Operating lease liabilities	$	144,259		$	139,501
Weighted average remaining lease term (in years)	5.7			5.8
Weighted average discount rate	2.27		%	2.54		%

Schedule of Maturities of Operating Leases

The following table presents the maturities of operating lease liabilities as of the date indicated:

	September 30, 2021
	(In thousands)
Period ending December 31,
2021	$	8,840
2022	34,415
2023	31,900
2024	24,810
2025	18,100
Thereafter	36,547
Total operating lease liabilities	154,612
Less: Imputed interest	(10,353)
Present value of operating lease liabilities	$	144,259

Schedule of Payments to be Received on Operating Leases

The following table presents the rental payments to be received on operating leases as of the date indicated:

	September 30, 2021
	(In thousands)
Period ending December 31,
2021	$	10,678
2022	45,363
2023	36,169
2024	30,483
2025	23,114
Thereafter	47,870
Total undiscounted cash flows	$	193,677