Leases (Tables)

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

Lease costs

The table below presents the Company’s net lease cost and certain other information related to the Company’s leasing activities as of and for the periods indicated (dollars in thousands).

	Three Months Ended
	March 31,
Description:	2023		2022
Operating lease cost (1)	$	28,799	$	30,364
Lease cost (2)	4,720		4,268
Sublease income	(12,641)		(10,925)
Total lease cost, net (3) (4)	$	20,878	$	23,707
Cash paid for amounts included in the measurement of operating lease liabilities	$	34,948	$	34,817
Cash receipts from sublease arrangements	$	12,439	$	11,164
Right-of-use assets obtained in exchange for new operating lease liabilities	$	1,647	$	6,930

(1)Included in operating lease cost was $10.6 million and $10.5 million for the three months ended March 31, 2023 and 2022, respectively, for costs related to subleasing activities.

(2)These amounts are primarily variable lease and nonlease costs that are not fixed at the lease commencement date or are dependent on something other than an index or a rate.

(3)The Company did not capitalize any operating lease costs during any of the periods presented.

(4)Amount excludes impairment charges on lease related assets totaling $8.7 million and $23.9 million, for the three months ended March 31, 2023 and 2022, respectively, as discussed below.

Supplemental balance sheet information

The table below indicates where the discounted operating lease payments from the above table are classified in the accompanying Condensed Consolidated Balance Sheets (in thousands).

	March 31,		December 31,
Description:	2023		2022
Accounts payable and accrued liabilities	$	99,674	$	99,717
Operating lease liabilities	575,963		597,267
Total operating lease liabilities included in the Condensed Consolidated Balance Sheets	$	675,637	$	696,984