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Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Operating lease costs
Total operating lease costs by expense type:
Three Months Ended
(in thousands)March 31, 2022March 31, 2021
Operating lease cost included in Other store expenses(1)(2)
$31,594 $34,136 
Operating lease cost included in Other charges(2)
23 166 
Sublease receipts(2,165)(3,349)
Total operating lease charges $29,452 $30,953 
(1) Includes short-term lease costs, which are not significant.
(2) Excludes variable lease costs of $8.7 million and $8.5 million for the three months ended March 31, 2022 and 2021, respectively.
Supplemental cash flow information related to leases:
Three Months Ended
(in thousands)March 31, 2022March 31, 2021
Cash paid for amounts included in measurement of operating lease liabilities$26,090 $26,572 
Cash paid for short-term operating leases not included in operating lease liabilities4,861 4,580 
Right-of-use assets obtained in exchange for new operating lease liabilities28,638 37,923 
Weighted-average discount rate and weighted-average remaining lease term:
(in thousands)March 31, 2022December 31, 2021
Weighted-average discount rate(1)
5.9 %6.0 %
Weighted-average remaining lease term (in years)44
(1) The January 1, 2019 incremental borrowing rate was used for leases in existence at the time of adoption of ASU 2016-02.
Operating lease liability maturity
Reconciliation of undiscounted operating lease liabilities to the present value operating lease liabilities at March 31, 2022:
(in thousands)Operating Leases
2022$80,947 
202387,761 
202469,225 
202551,644 
202627,356 
Thereafter19,979 
Total undiscounted operating lease liabilities336,912 
Less: Interest(35,865)
Total present value of operating lease liabilities$301,047