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Operating Leases (Tables)
12 Months Ended
Dec. 31, 2021
Lessee Disclosure [Abstract]  
Schedule of Net Lease Cost

The table below summarizes our net lease cost for the years ended December 31, 2021 and 2020 (in thousands):

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

Operating lease cost

 

$

102,652

 

 

$

102,595

 

Short-term lease cost

 

 

505

 

 

 

502

 

Variable lease cost

 

 

1,076

 

 

 

68

 

Sublease income

 

 

(2,560

)

 

 

(3,894

)

Net lease cost

 

$

101,673

 

 

$

99,271

 

The table below summarizes other information related to our operating leases as of and for the year ended December 31, 2021 (in thousands):

Operating lease cash flows

 

$

100,330

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

41,304

 

Weighted average remaining lease term

 

11.5 years

 

Weighted average discount rate

 

 

4.12

%

Schedule of Information About Operating Lease Liabilities

The table below presents information about operating lease liabilities as of December 31, 2021, (in thousands, except percentages):

2022

 

$

99,713

 

2023

 

 

97,969

 

2024

 

 

96,241

 

2025

 

 

94,634

 

2026

 

 

92,809

 

Thereafter

 

 

532,614

 

Total undiscounted lease payments

 

 

1,013,980

 

Imputed interest

 

 

(214,881

)

Total operating lease liabilities

 

$

799,099