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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of future minimum lease payments

 

As of December 31, 2022 

Maturity of Lease Liabilities (in thousands)

Operating Leases (1)

 2023 

$

47,004

 

 2024  

36,508

 

 2025   

26,519

 

 2026   

18,331

 

 2027   

11,510

 

Thereafter

17,015

 

Total lease payments 


156,887

 

Less: imputed interest

(4,055

)

Present value of lease liabilities

$

152,832

 


(1Operating lease payments reflect the Company's current fixed obligations under the operating lease agreements. 

Schedule of lease expense recognized in consolidated statements of income

Lease Expense (in thousands)


Income Statement Classification


Year ended December 31,2022

 

Year ended December 31,2021



Year ended December 31,2020

Operating lease expense


Selling, general and administrative and Direct operating costs


$51,031

 

$

55,613


$83,102

Short-term and variable lease expense


Selling, general and administrative and Direct operating costs  



142,613

 

115,963



69,711

Total lease expense


 


$193,644

 

$

171,576


$152,813
Schedule of other information about lease amounts recognized in consolidated financial statements

Lease Term and Discount Rate of Operating Leases

 

As of December 31,2022


As of December 31,2021

Weighted- average remaining lease term (years)

 

4.6

 


4.9

Weighted- average discount rate

 

2.27



2.24
Schedule of supplemental cash flow and non-cash information related to leases

Other Information (in thousands)


Year ended December 31, 2022

 

Year ended December 31, 2021



Year ended December 31, 2020

Cash paid for amounts included in the measurement of lease liabilities (a)


$49,739

 

$

51,464



$79,447

Supplemental non-cash information on lease liabilities arising from obtaining ROU assets:




 

 




ROU assets obtained in exchange for new operating lease liabilities


$50,032

 

$

69,073

 


$77,728