Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Summary of Lessee Assets and Liabilities

The following table summarizes the leases included in the consolidated balance sheets as follows:

		December 31,
(In thousands)	Balance Sheet Location	2020		2019
Assets
Operating	Operating lease right-of-use assets	$	146,522	$	170,056
Finance	Property and equipment, net	13,179		15,713
Total lease assets		$	159,701	$	185,769
Liabilities
Current:
Operating	Current portion of lease obligations	$	28,813	$	30,171
Finance	Current portion of lease obligations	3,622		3,788
		32,435		33,959
Noncurrent:
Operating	Lease obligations	166,452		193,570
Finance	Lease obligations	27,872		17,477
		194,324		211,047
Total lease liabilities		$	226,759	$	245,006

Summary of Lease Costs

At December 31, 2020 and 2019, the gross amount of equipment and related accumulated amortization recorded under finance leases were as follows:

(In thousands)	December 31,
	2020		2019
Satellite equipment	$	41,228	$	46,871
Less accumulated amortization	(28,049)		(31,158)
	$	13,179	$	15,713

The following table summarizes the lease costs included in the consolidated statement of income:

		December 31,
(In thousands)	Income Statement Location	2020		2019
Operating lease costs	SG&A expenses	$	31,785	$	33,184
Finance lease costs:
Amortization of leased assets	Depreciation and amortization	2,299		2,472
Interest on lease liabilities	Net interest expense	2,617		2,513
Short term lease costs	SG&A expenses	240		3,309
Variable lease costs	SG&A expenses	1,487		1,068
Total net lease costs		$	38,428	$	42,546

Summary of Maturity of Lease Liabilities for Operating Leases

The following table summarizes the maturity of lease liabilities for operating and finance leases as of December 31, 2020:

(In thousands)	Operating Leases		Finance Leases		Total
2021	$	37,253	$	5,974	$	43,227
2022	35,218		6,002		41,220
2023	34,621		6,031		40,652
2024	32,745		6,061		38,806
2025	28,622		6,091		34,713
Thereafter	61,745		10,667		72,412
Total lease payments	230,204		40,826		271,030
Less: Interest	34,939		9,332		44,271
Present value of lease liabilities	$	195,265	$	31,494	$	226,759

Summary of Maturity of Lease Liabilities for Financing Leases

The following table summarizes the maturity of lease liabilities for operating and finance leases as of December 31, 2020:

(In thousands)	Operating Leases		Finance Leases		Total
2021	$	37,253	$	5,974	$	43,227
2022	35,218		6,002		41,220
2023	34,621		6,031		40,652
2024	32,745		6,061		38,806
2025	28,622		6,091		34,713
Thereafter	61,745		10,667		72,412
Total lease payments	230,204		40,826		271,030
Less: Interest	34,939		9,332		44,271
Present value of lease liabilities	$	195,265	$	31,494	$	226,759

Summary of Lease Information

The following table summarizes the weighted average remaining lease term and discount rate for operating and finance leases:

	December 31, 2020
Weighted average remaining lease term (years):
Operating leases	6.8
Finance leases	8.1
Weighted average discount rate:
Operating leases	4.7	%
Finance leases	8.1	%

Summary of Supplemental Cash Paid for Amounts in the Measurement of Lease Liabilities

The following table summarizes the supplemental cash paid for amounts in the measurement of lease liabilities:

	December 31, 2020		December 31, 2019
Operating cash flows from operating leases	$	31,871	$	26,758
Financing cash flows from finance leases	$	3,261	$	5,115