Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Assets and Liabilities, Lessee

Lease related assets and liabilities are recorded on the balance sheet as follows (in thousands):

	Classification on the Balance Sheet	December 31, 2021		December 31, 2020
Assets
Operating lease assets	Operating Lease Right-of-Use Assets, Net	$	112,187	$	124,727
Finance lease assets	Property and Equipment, Net		3,420		3,914
Total lease assets		$	115,607	$	128,641
Liabilities
Current
Operating	Operating lease liabilities, current portion	$	28,279	$	29,080
Finance [1]	Current portion of finance liabilities, long-term debt and non-recourse debt		1,866		2,041
Noncurrent
Operating	Operating Lease Liabilities		89,917		101,375
Finance [1]	Finance Lease Liabilities		1,977		2,988
Total lease liabilities		$	122,039	$	135,484

[1] Also refer to Note 12 - Debt.

Lease, Cost

Certain information related to the lease costs for finance and operating leases is presented as follows (in thousands):

	Year Ended December 31, 2021			Year Ended December 31, 2020
Operating lease cost	$	40,020		$	39,506
Finance lease cost:
Amortization of right-of-use assets		1,687			1,225
Interest on lease liabilities		287			352
Total finance lease cost		1,974			1,577
Short-term lease cost		350			3,293
Total lease cost	$	42,344		$	44,376
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases	$	38,874		$	38,847
Operating cash flows for finance leases	$	1,255		$	276
Financing activities for finance leases	$	1,289		$	1,918
Right-of-use assets obtained in exchange for new operating lease liabilities	$	10,786		$	23,940
Right-of-use assets obtained in exchange for new finance lease liabilities	$	1,198		$	2,260
Weighted average remaining lease term:
Operating leases	6.2 years			6.8 years
Finance leases	3.8 years			2.9 years
Weighted average discount rate:
Operating leases		4.56	%		4.65	%
Finance leases		5.26	%		6.47	%

Lessee, Operating Lease, Liability, Maturity

The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities and finance lease liabilities recorded on the balance sheet as of December 31, 2021 (in thousands).

	Operating Leases			Finance Leases
2022	$	36,704		$	1,992
2023		28,388			759
2024		22,854			759
2025		14,617			536
2026		9,020			28
Thereafter		26,356			—
Total minimum lease payments		137,939			4,074
Less: amount of lease payment representing interest		(19,743	)		(231	)
Present value of future minimum lease payments		118,196			3,843
Less: current obligations under leases		(28,279	)		(1,866	)
Long-term lease obligations	$	89,917		$	1,977

Finance Lease, Liability, Maturity

The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities and finance lease liabilities recorded on the balance sheet as of December 31, 2021 (in thousands).

	Operating Leases			Finance Leases
2022	$	36,704		$	1,992
2023		28,388			759
2024		22,854			759
2025		14,617			536
2026		9,020			28
Thereafter		26,356			—
Total minimum lease payments		137,939			4,074
Less: amount of lease payment representing interest		(19,743	)		(231	)
Present value of future minimum lease payments		118,196			3,843
Less: current obligations under leases		(28,279	)		(1,866	)
Long-term lease obligations	$	89,917		$	1,977