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