LEASES

3 Months Ended

Mar. 31, 2021

LEASES

LEASES

NOTE E – LEASES

The Company leases, under finance and operating lease arrangements, certain facilities used primarily in the Asset-Based segment service center operations, certain revenue equipment used in the ArcBest segment operations, and certain other office equipment.

The components of operating lease expense were as follows:

	Three Months Ended
	March 31, 2021		March 31, 2020
	(in thousands)
Operating lease expense	$	6,642	$	5,796
Variable lease expense		1,332		1,040
Sublease income		(155)		(92)
Total operating lease expense(1)	$	7,819	$	6,744

(1) Operating lease expense excludes short-term leases with a term of 12 months or less.

The operating cash flows from operating lease activity were as follows:

	Three Months Ended
	March 31, 2021		March 31, 2020
	(in thousands)
Noncash change in operating right-of-use assets	$	5,741	$	5,815
Change in operating lease liabilities		(5,174)		(5,953)
Operating right-of-use-assets and lease liabilities, net	$	567	$	(138)
Cash paid for amounts included in the measurement of operating lease liabilities	$	(6,079)	$	(5,925)

Maturities of operating lease liabilities at March 31, 2021 were as follows:

					Equipment
			Land and		and
	Total		Structures		Other
	(in thousands)
Remainder of 2021	$	18,816	$	18,748	$	68
2022		21,459		21,423		36
2023		17,248		17,223		25
2024		15,088		15,088		—
2025		12,561		12,561		—
Thereafter		43,109		43,109		—
Total lease payments		128,281		128,152		129
Less imputed interest		(12,176)		(12,174)		(2)
Total	$	116,105	$	115,978	$	127