XML 37 R27.htm IDEA: XBRL DOCUMENT v3.22.1
Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Summary of Components of Lease Expense

The components of lease expense were as follows (in thousands):

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

 

Operating lease cost

$

6,500

 

 

$

5,730

 

 

Variable lease cost

 

2,016

 

 

 

1,704

 

 

 

Summary of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to the leases was as follows (in thousands):

 

 

Three Months Ended March 31,

 

 

2022

 

 

2021

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

Operating cash flows from operating leases

$

3,806

 

 

$

3,422

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for lease obligations:

 

 

 

 

 

Operating leases

 

17,745

 

 

 

2,672

 

Summary of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to the leases was as follows (in thousands):

 

 

As of

 

 

March 31,

 

 

December 31,

 

 

2022

 

 

2021

 

Operating lease right-of-use assets

$

141,638

 

 

$

129,558

 

 

 

 

 

 

 

Other current liabilities

$

18,460

 

 

$

16,276

 

Operating lease liabilities

 

141,624

 

 

 

130,965

 

Total operating lease liabilities

$

160,084

 

 

$

147,241

 

 

 

 

 

 

 

Weighted Average Remaining Lease Term (years)

 

 

 

 

 

Operating leases

11.4

 

 

 

12.0

 

Weighted Average Discount Rate

 

 

 

 

 

Operating leases

 

5.3

%

 

 

5.5

%

Schedule of Lease Payments Due Related To Lease Liabilities

Lease payments due related to lease liabilities as of March 31, 2022 were as follows (in thousands):

 

 

Related Party

 

 

Non-Related Parties

 

 

Total

 

 

Operating Leases

 

 

Operating Leases

 

 

Operating Leases

 

Remainder of 2022

$

8,186

 

 

$

10,731

 

 

$

18,917

 

2023

 

11,025

 

 

 

14,284

 

 

 

25,309

 

2024

 

11,154

 

 

 

11,269

 

 

 

22,423

 

2025

 

11,286

 

 

 

8,910

 

 

 

20,196

 

2026

 

11,422

 

 

 

7,506

 

 

 

18,928

 

Later years

 

106,988

 

 

 

10,612

 

 

 

117,600

 

Total lease payments

 

160,061

 

 

 

63,312

 

 

 

223,373

 

Less: imputed interest

 

(57,504

)

 

 

(5,785

)

 

 

(63,289

)

Total

$

102,557

 

 

$

57,527

 

 

$

160,084