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Leases (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of Lease Cost
The components of our global lease cost reflected in the consolidated statements of income for the years ended December 31, 2021, 2020, and 2019 are as follows:
(in thousands)202120202019
Lease liability cost$28,357 $24,818 $22,507 
Variable lease cost not included in the lease liability(1)
4,085 5,067 3,754 
Total lease cost$32,442 $29,885 $26,261 
(1) Variable lease cost includes common area maintenance, property taxes, utilities and fluctuations in rent due to a change in an index or rate.
Lessee, Operating Lease Other Information
Other information related to operating leases for the years ended December 31, 2021, 2020, and 2019 is as follows:
(in thousands)202120202019
Cash paid for amounts included in the measurement of the lease liability:
     Operating cash flows from operating leases$(28,474)$(22,470)$(20,031)
Right-of-use assets obtained in exchange for new operating lease liabilities
$13,586 $48,248 $35,191 

As of December 31,
20212020
Weighted-average remaining lease term of operating leases7.2 years7.3 years
Weighted-average discount rate of operating leases
3.0 %2.9 %
Schedule of Maturity of Operating Lease Liabilities
The maturity schedule of the operating lease liabilities as of December 31, 2021 is as follows:
(in thousands) 
2022$25,856 
202320,196 
202418,664 
202517,269 
202615,175 
Thereafter44,669 
     Total future lease payments141,829 
Less: Present value adjustment
(14,610)
     Present value of future lease payments(1)

$127,219 
(1)Includes the current portion of operating lease liabilities of $22.8 million, which is reflected in other accrued expenses and liabilities in the consolidated balance sheets.