Leases

12 Months Ended

Dec. 31, 2022


Leases	Classification	December 31, 2022			December 31, 2021
Assets
Operating	Right of use asset, net	$	346,937		$	190,330
Finance	Property and equipment, net	370			222
Total lease assets		$	347,307		$	190,552

Liabilities
Current:
Operating	Other current liabilities	$	33,233		$	22,523
Noncurrent:
Operating	Lease liabilities, net of current portion	341,843			197,682
Finance	Other liabilities	380			230
Total lease liabilities		$	375,456		$	220,435

Weighted-average remaining lease term (years) - operating leases		8.1			8.7

Weighted-average discount rate - operating leases		4.7		%	5.0		%

For the years ended December 31, 2022, 2021 and 2020, the components of lease cost were as follows:


	December 31, 2022		December 31, 2021		December 31, 2020
Operating lease cost	$	56,319	$	29,012	$	26,255
Variable lease cost	20,327		11,317		10,324
Total lease cost	$	76,646	$	40,329	$	36,579

The Company’s costs related to short-term leases, those with a duration between one and twelve months, were immaterial.

Supplemental disclosures of cash flow information related to leases were as follows for the years ended December 31, 2022, 2021 and 2020:


	December 31, 2022		December 31, 2021		December 31, 2020
Cash paid, net, for lease liabilities	$	44,928	$	28,126	$	24,091
Operating lease ROU assets obtained in exchange for operating lease liabilities, excluding the Sunshine Acquisition	$	37,928	$	48,651	$	33,140
Sunshine Acquisition operating lease ROU assets obtained in exchange for operating lease liabilities	$	162,827	$	—	$	—

As of December 31, 2022, maturities of lease liabilities were as follows:


	Amount
2023	$	49,853
2024	60,578
2025	60,889
2026	59,495
2027	54,964
Thereafter	170,818
Total lease payments	$	456,597
Less: imputed interest	81,141
Present value of lease liabilities	$	375,456

As of December 31, 2022, operating lease payments exclude approximately $19,017 of legally binding minimum lease payments for leases signed but not yet commenced.

Leases


Leases	Classification	December 31, 2022			December 31, 2021
Assets
Operating	Right of use asset, net	$	346,937		$	190,330
Finance	Property and equipment, net	370			222
Total lease assets		$	347,307		$	190,552

Liabilities
Current:
Operating	Other current liabilities	$	33,233		$	22,523
Noncurrent:
Operating	Lease liabilities, net of current portion	341,843			197,682
Finance	Other liabilities	380			230
Total lease liabilities		$	375,456		$	220,435

Weighted-average remaining lease term (years) - operating leases		8.1			8.7

Weighted-average discount rate - operating leases		4.7		%	5.0		%

For the years ended December 31, 2022, 2021 and 2020, the components of lease cost were as follows:


	December 31, 2022		December 31, 2021		December 31, 2020
Operating lease cost	$	56,319	$	29,012	$	26,255
Variable lease cost	20,327		11,317		10,324
Total lease cost	$	76,646	$	40,329	$	36,579

The Company’s costs related to short-term leases, those with a duration between one and twelve months, were immaterial.

Supplemental disclosures of cash flow information related to leases were as follows for the years ended December 31, 2022, 2021 and 2020:


	December 31, 2022		December 31, 2021		December 31, 2020
Cash paid, net, for lease liabilities	$	44,928	$	28,126	$	24,091
Operating lease ROU assets obtained in exchange for operating lease liabilities, excluding the Sunshine Acquisition	$	37,928	$	48,651	$	33,140
Sunshine Acquisition operating lease ROU assets obtained in exchange for operating lease liabilities	$	162,827	$	—	$	—

As of December 31, 2022, maturities of lease liabilities were as follows:


	Amount
2023	$	49,853
2024	60,578
2025	60,889
2026	59,495
2027	54,964
Thereafter	170,818
Total lease payments	$	456,597
Less: imputed interest	81,141
Present value of lease liabilities	$	375,456

As of December 31, 2022, operating lease payments exclude approximately $19,017 of legally binding minimum lease payments for leases signed but not yet commenced.