XML 32 R21.htm IDEA: XBRL DOCUMENT v3.22.0.1
Leases
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases Leases
The information pertaining to leases on the consolidated balance sheet is as follows:
As of December 31,
(in thousands)Classification20212020
Assets
Operating lease right-of-use assetsOperating lease right-of-use assets$144,491 $124,741 
Finance lease right-of-use assetsOther assets2,732 3,016 
Total lease assets$147,223 $127,757 
Liabilities
Current
OperatingCurrent portion of operating lease liabilities$33,438 $35,002 
FinanceCurrent portion of long-term debt739 707 
Noncurrent
OperatingOperating lease liabilities124,016 104,589 
FinanceLong-term debt, less current portion2,177 2,472 
Total lease liabilities$160,370 $142,770 
The components of lease cost recognized in the consolidated statement of operations are as follows:
For the Years Ended
(in thousands)20212020
Operating lease cost$48,130 $47,242 
Finance lease cost
Amortization of right-of-use assets750 615 
Interest on lease liabilities117 99 
Sublease income(157)(248)
Short-term lease cost862 472 
Variable lease cost5,755 5,590 
Total lease cost$55,457 $53,770 
Maturities of our lease liabilities, by year and in the aggregate, under operating and financing obligations with terms of one year or more at December 31, 2021 are as follows:
(in thousands)Finance
Leases
Operating
Leases
Total Leases
2022$835 $42,754 $43,589 
2023777 35,346 36,123 
2024741 26,853 27,594 
2025572 19,179 19,751 
2026215 13,082 13,297 
Thereafter— 52,826 52,826 
Total lease payments3,140 190,040 193,180 
Imputed interest(224)(32,586)(32,810)
Total$2,916 $157,454 $160,370 
The lease term and discount rates are as follows:
December 31,
20212020
Weighted average remaining lease term (years)
Operating leases6.695.91
Finance leases4.014.72
Weighted average discount rate
Operating leases4.59 %5.16 %
Finance leases3.87 %4.03 %
Supplemental cash flow information related to leases is as follows:
For the Years Ended December 31,
(in thousands)20212020
Cash flows for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$50,497 $44,814 
Operating cash flows from finance leases104 99 
Financing cash flows from finance leases832 556 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases52,937 49,380 
Finance leases477 2,393 
Right-of-use assets acquired and lease liabilities assumed in acquisitions8,968 5,469 
Leases Leases
The information pertaining to leases on the consolidated balance sheet is as follows:
As of December 31,
(in thousands)Classification20212020
Assets
Operating lease right-of-use assetsOperating lease right-of-use assets$144,491 $124,741 
Finance lease right-of-use assetsOther assets2,732 3,016 
Total lease assets$147,223 $127,757 
Liabilities
Current
OperatingCurrent portion of operating lease liabilities$33,438 $35,002 
FinanceCurrent portion of long-term debt739 707 
Noncurrent
OperatingOperating lease liabilities124,016 104,589 
FinanceLong-term debt, less current portion2,177 2,472 
Total lease liabilities$160,370 $142,770 
The components of lease cost recognized in the consolidated statement of operations are as follows:
For the Years Ended
(in thousands)20212020
Operating lease cost$48,130 $47,242 
Finance lease cost
Amortization of right-of-use assets750 615 
Interest on lease liabilities117 99 
Sublease income(157)(248)
Short-term lease cost862 472 
Variable lease cost5,755 5,590 
Total lease cost$55,457 $53,770 
Maturities of our lease liabilities, by year and in the aggregate, under operating and financing obligations with terms of one year or more at December 31, 2021 are as follows:
(in thousands)Finance
Leases
Operating
Leases
Total Leases
2022$835 $42,754 $43,589 
2023777 35,346 36,123 
2024741 26,853 27,594 
2025572 19,179 19,751 
2026215 13,082 13,297 
Thereafter— 52,826 52,826 
Total lease payments3,140 190,040 193,180 
Imputed interest(224)(32,586)(32,810)
Total$2,916 $157,454 $160,370 
The lease term and discount rates are as follows:
December 31,
20212020
Weighted average remaining lease term (years)
Operating leases6.695.91
Finance leases4.014.72
Weighted average discount rate
Operating leases4.59 %5.16 %
Finance leases3.87 %4.03 %
Supplemental cash flow information related to leases is as follows:
For the Years Ended December 31,
(in thousands)20212020
Cash flows for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$50,497 $44,814 
Operating cash flows from finance leases104 99 
Financing cash flows from finance leases832 556 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases52,937 49,380 
Finance leases477 2,393 
Right-of-use assets acquired and lease liabilities assumed in acquisitions8,968 5,469