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LEASES (Tables)

12 Months Ended

Dec. 31, 2021

The components of lease expense were as follows:


	Year Ended
(In thousands)	December 31, 2021		December 31, 2020
Operating lease cost	$	41,663	$	40,961

Finance lease cost:
Depreciation of finance leases	$	1,037	$	1,037
Interest on lease liabilities	431		468
Total finance lease cost	$	1,468	$	1,505

Supplemental cash flow information related to leases was as follows:


	Year Ended
(In thousands)	December 31, 2021		December 31, 2020
Cash used for operating activities:
Operating cash flows used for operating leases	$	(33,352)	$	(33,842)
Operating cash flows used for finance leases	(431)		(468)
Non-cash activity:
Right-of-use assets obtained in exchange for operating lease obligations	$	9,040	$	8,714

Supplemental balance sheet information related to leases was as follows:


	As of December 31,
(In thousands, except lease term and discount rate)	2021			2020
Operating Leases
Operating lease right-of-use assets, net	$	143,613		$	150,898

Other current liabilities	$	25,389		$	27,263
Long-term operating lease liability	127,152			133,069
Total operating lease liabilities	$	152,541		$	160,332

Finance Leases
Property, plant, and equipment	$	15,561		$	15,561
Accumulated depreciation	(7,608)			(6,570)
Property, plant, and equipment, net	$	7,953		$	8,991

Other current liabilities	$	1,019		$	945
Other liabilities	9,022			10,041
Total finance lease liabilities	$	10,041		$	10,986

Weighted average remaining lease term
Operating leases	8.3 years			8.6 years
Finance leases	7.7 years			8.7 years
Weighted average discount rate
Operating leases	3.51		%	3.67		%
Finance leases	4.05		%	4.05		%

Maturities of lease liabilities were as follows:

Maturities of lease liabilities were as follows: