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Leases (Tables)
9 Months Ended
Sep. 30, 2022
Lessee Disclosure [Abstract]  
Summary of lease cost for operating and finance leases

Lease cost for operating and finance leases for the three and nine months ended September 30, 2022 and 2021 were as follows:

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2022

2021

    

2022

2021

Operating lease cost

$

9,822

$

9,798

$

30,814

$

30,188

Finance lease cost:

Amortization of leased assets

682

296

1,802

2,826

Interest on leased liabilities

61

34

161

107

Total lease cost

$

10,565

$

10,128

$

32,777

$

33,121

Supplemental cash flow information and non-cash activity related to the Company’s leases are as follows:

    

Nine Months Ended September 30, 

2022

2021

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

30,313

$

29,993

Operating cash flows from finance leases

$

161

$

107

Financing cash flows from finance leases

$

4,890

$

2,752

Non-cash activity:

Right-of-use assets obtained in exchange for lease liabilities - operating leases

$

53,967

$

15,512

Right-of-use assets obtained in exchange for lease liabilities - finance leases

$

3,369

$

6,250

Weighted-average remaining lease term and discount rate for the Company’s leases are as follows:

Nine Months Ended September 30, 

    

2022

2021

Weighted average remaining lease term - operating leases

8.9

years

 

8.3

years

 

Weighted average remaining lease term - finance leases

4.4

years

4.9

years

Weighted average discount rate - operating leases

2.96

%  

 

3.49

%  

 

Weighted average discount rate - finance leases

1.96

%  

1.89

%  

Summary of future minimum lease payments, operating leases

As of September 30, 2022, future minimum lease payments, reconciled to the respective lease liabilities, are as follows:

Operating Leases

Finance Leases

Last 3 months of 2022

    

$

10,094

$

727

2023

 

38,993

 

2,905

2024

 

31,160

 

2,905

2025

 

25,595

 

2,905

2026

 

21,092

 

2,320

Thereafter

 

101,335

 

898

Minimum lease payments

 

228,269

 

12,660

Less: imputed interest

 

(29,895)

 

(527)

Present value of minimum lease payments

198,374

12,133

Less: current portion of lease liabilities

(34,526)

(2,682)

Long-term portion of lease liabilities

$

163,848

$

9,451

Summary of future minimum lease payments, finance leases

As of September 30, 2022, future minimum lease payments, reconciled to the respective lease liabilities, are as follows:

Operating Leases

Finance Leases

Last 3 months of 2022

    

$

10,094

$

727

2023

 

38,993

 

2,905

2024

 

31,160

 

2,905

2025

 

25,595

 

2,905

2026

 

21,092

 

2,320

Thereafter

 

101,335

 

898

Minimum lease payments

 

228,269

 

12,660

Less: imputed interest

 

(29,895)

 

(527)

Present value of minimum lease payments

198,374

12,133

Less: current portion of lease liabilities

(34,526)

(2,682)

Long-term portion of lease liabilities

$

163,848

$

9,451