Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases

Schedule of lease cost and other information

	Year Ended December 31,
	2020			2019
Lease Cost
Operating lease cost (a)	$	12,085		$	12,259
Sublease income		(1,434)			(1,508)
Short-term lease cost (b)		5,959			6,495
Total lease cost	$	16,610		$	17,246
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash outflows from operating leases		8,520			8,507
Weighted-average remaining lease term in years - operating leases		7.4			8.4
Weighted-average discount rate - operating leases		6.3	%		6.3	%

(a) Includes approximately $3.6 million and $3.7 million of taxes, insurance and maintenance for the years ended December 31, 2020 and 2019, respectively.

(b) Includes expenses associated with short-term leases of billboard advertisements and is included in “Marketing Funds expenses” on the Consolidated Statements of Income for the years ended December 31, 2020 and 2019.

Schedule of maturities of lease liabilities under non-cancellable leases

Maturities under non-cancellable leases were as follows (in thousands):

	Rent Payments		Sublease Receipts		Total Cash Outflows
Year ending December 31:
2021	$	9,014		(895)	$	8,119
2022		9,003		(1,200)		7,803
2023		9,174		(1,311)		7,863
2024		9,439		(1,273)		8,166
2025		9,717		(331)		9,386
Thereafter		24,469		(388)		24,081
Total lease payments	$	70,816	$	(5,398)	$	65,418
Less: imputed interest		14,850
Present value of lease liabilities	$	55,966