Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Schedule of Summary of Leases Included in the Consolidated Balance Sheets

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

		December 31,
(In thousands)	Balance Sheet Location	2021		2020
Assets
Operating	Operating lease right-of-use assets	$	125,866	$	146,522
Finance	Property and equipment, net	12,080		13,179
Total lease assets		$	137,946	$	159,701
Liabilities
Current:
Operating	Current portion of lease obligations	$	32,929	$	28,813
Finance	Current portion of lease obligations	3,667		3,622
		36,596		32,435
Noncurrent:
Operating	Lease obligations	128,319		166,452
Finance	Lease obligations	23,520		27,872
		151,839		194,324
Total lease liabilities		$	188,435	$	226,759

Summary of Lease Costs

At December 31, 2021 and 2020, the gross amount of equipment and related accumulated amortization recorded under finance leases were as follows:

(In thousands)	December 31,
	2021		2020
Satellite equipment	$	41,134	$	41,228
Less accumulated amortization	(29,054)		(28,049)
	$	12,080	$	13,179

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

		December 31,
(In thousands)	Income Statement Location	2021		2020
Operating lease costs	SG&A expenses	$	28,189	$	31,785
Finance lease costs:
Amortization of leased assets	Depreciation and amortization	2,105		2,299
Interest on lease liabilities	Net interest expense	2,346		2,617
Short term lease costs	SG&A expenses	206		240
Variable lease costs	SG&A expenses	854		1,487
Total net lease costs		$	33,700	$	38,428

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, 2021:

(In thousands)	Operating Leases		Finance Leases		Total
2022	$	39,898	$	5,647	$	45,545
2023	35,858		5,893		41,751
2024	33,873		5,921		39,794
2025	30,242		5,949		36,191
2026	26,125		2,087		28,212
Thereafter	14,995		8,568		23,563
Total lease payments	180,991		34,065		215,056
Less: Interest	19,743		6,878		26,621
Present value of lease liabilities	$	161,248	$	27,187	$	188,435

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, 2021:

(In thousands)	Operating Leases		Finance Leases		Total
2022	$	39,898	$	5,647	$	45,545
2023	35,858		5,893		41,751
2024	33,873		5,921		39,794
2025	30,242		5,949		36,191
2026	26,125		2,087		28,212
Thereafter	14,995		8,568		23,563
Total lease payments	180,991		34,065		215,056
Less: Interest	19,743		6,878		26,621
Present value of lease liabilities	$	161,248	$	27,187	$	188,435

Summary of Lease Information

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

	December 31, 2021
Weighted average remaining lease term (years):
Operating leases	5.1
Finance leases	7.8
Weighted average discount rate:
Operating leases	4.5	%
Finance leases	7.8	%

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:

(In thousands)	December 31, 2021		December 31, 2020
Operating cash flows from operating leases	$	33,019	$	31,871
Financing cash flows from finance leases	$	3,800	$	3,261