Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Amounts Reported in Unaudited and Audited Condensed Consolidated Balance Sheets for Operating Leases

Amounts reported on the Company’s Unaudited Condensed Consolidated Balance Sheets for operating leases were as follows:

	March 31, 2022		December 31, 2021
	(Amounts in Thousands)
Operating lease assets, net	$	41,523	$	36,048
Short-term operating lease liabilities (in accrued expenses)		10,766		9,774
Long-term operating lease liabilities		39,049		32,859
Total operating lease liabilities	$	49,815	$	42,633

Components of Lease Cost Reported in General and Administrative Expenses in Unaudited Condensed Consolidated Statements of Income

Components of lease costs were reported in general and administrative expenses in the Company’s Unaudited Condensed Consolidated Statements of Income as follows:

	For the Three Months Ended March 31, (Amounts in Thousands)
	2022			2021
Operating lease costs	$	2,801		$	2,777
Short-term lease costs		751			181
Total lease costs		3,552			2,958
Less: sublease income		(177	)		(151	)
Total lease costs, net	$	3,375		$	2,807

Schedule of Weighted Average Remaining Lease Terms and Discount Rates

Weighted average remaining lease terms and discount rates were as follows:

	March 31, 2022			December 31, 2021
Operating leases:
Weighted average remaining lease term		6.27			6.39
Weighted average discount rate		3.80	%		3.91	%

Summary of Remaining Operating Lease Payments

Remaining operating lease payments as of March 31, 2022 were as follows:

	Operating Leases
	(Amounts in Thousands)
Due in the 12-month period ended March 31,
2023	$	12,329
2024		10,706
2025		8,476
2026		5,493
2027		4,574
Thereafter		14,748
Total future minimum rental commitments		56,326
Less: Imputed interest		(6,511	)
Total lease liabilities	$	49,815

Supplemental Cash Flows Information

	For the Three Months Ended March 31,
	(Amounts in Thousands)
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	3,194	$	2,517
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	9,199	$	2,675