Leases (Tables)

9 Months Ended

Sep. 30, 2021

Lessee Disclosure [Abstract]

Summary of Operating Costs Associated with Leased Assets

Operating costs associated with leased assets are as follows:

(In thousands)	Three Months Ended September 30,						Nine Months Ended September 30,
	2021			2020			2021			2020
Operating lease cost (1)	$	5,366		$	6,251		$	17,063		$	19,265
Less: Sublease income		(64	)		(257	)		(221	)		(1,026	)
Total operating lease costs	$	5,302		$	5,994		$	16,842		$	18,239

(1) Operating lease costs are recognized on a straight-line basis and are included in Selling, general and administrative expenses within the consolidated statements of operations.

Supplemental Cash Flow Information for Operating Leases

Supplemental cash flow information for operating leases is as follows:

(In thousands)	Nine Months Ended September 30,
	2021		2020
Operating cash flows from operating leases	$	16,035	$	20,571
Right-of-use assets obtained in exchange for operating lease obligations	$	307	$	22,262

Summary of Balance Sheet Location and Balances for Operating Leases

The balance sheet location and balances for operating leases are as follows:

(In thousands, except lease term and discount rate)	September 30, 2021			December 31, 2020
Right-of-use assets - operating leases	$	70,297		$	96,601
Current operating lease liabilities	$	19,264		$	22,264
Long-term operating lease liabilities	$	67,057		$	93,463
Weighted average remaining lease term (in years)		5			6
Weighted average discount rate		3.3	%		3.6	%

Summary of Future Maturities of Lease and Non-Lease Components

The future maturities of our leasing arrangements including lease and non-lease components are shown in the below table. The maturities are calculated using foreign currency exchange rates in effect as of September 30, 2021.

	September 30, 2021
(In thousands)	Operating Leases
Remainder of 2021	$	5,669
2022		21,469
2023		19,650
2024		14,105
2025		12,748
Thereafter		20,130
Total lease liabilities		93,771
Less: Amount representing interest		(7,450	)
Less: Short-term lease liabilities		(19,264	)
Total long-term lease liabilities	$	67,057