COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

Lease Expense Components and Other Information Related to Leases

The components of lease expense for the year ended December 31, 2021 were as follows (in thousands):

	Year Ended December 31,
	2021		2020
Fixed operating lease costs	$	83,136	$	70,254
Variable operating lease costs	15,568		15,625
Short term lease costs	1,953		6,375
Sublease income	(12,210)		(8,594)
Finance lease costs
Amortization of finance right-of-use assets	—		2,446
Total lease costs	$	88,447	$	86,106

Other information related to leases was as follows:

	December 31, 2021
Weighted Average Remaining Lease Term:
Operating leases	8.3 years
Weighted Average Discount Rate:
Operating leases	4	%

Cash flows related to leases were as follows (in thousands):

	Year Ended December 31,
	2021		2020
Cash flows from operating activities:
Payments for operating lease liabilities	$	(77,201)	$	(46,901)
Cash flows from financing activities:
Principal payments on finance lease obligation	$	—	$	(2,446)
Supplemental Cash Flow Data:
Right-of-use assets obtained in exchange for operating lease obligations	$	63,290	$	342,662

Future Minimum Lease Payments under Non-Cancelable Operating Leases

Future minimum lease payments under non-cancelable operating leases (with initial lease terms in excess of one year) as of December 31, 2021 are as follows (in thousands):

	Operating
Year:
2022	$	78,304
2023	77,904
2024	59,612
2025	53,839
2026	46,015
Thereafter	224,498
Total	$	540,172
Less: amount representing interest	76,407
Less: leases executed but not yet commenced	—
Less: lease incentives and transfer to held for sale	4,721
Total	$	459,044