Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2021

Lease Obligations

Summary of lease cost

The following presents certain information related to the costs for leases (in thousands):

	Year Ended December 31,
	2021		2020
Operating lease cost	$	120,096	$	121,238
Finance lease cost:
Amortization of finance lease assets		6,016		2,701
Interest on finance lease liabilities		2,353		1,248
Short-term lease cost		1,958		1,699
Variable lease cost		23,512		23,385
Sublease income		(1,915)		(1,876)
Net lease costs	$	152,020	$	148,395

Schedule of cash flow supplemental information

The following presents supplemental cash flow information related to leases (in thousands):

	Year Ended December 31,
	2021		2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	121,394	$	121,708
Operating cash flows for finance leases		2,287		1,061
Financing cash flows for finance leases		2,923		2,355
Lease assets obtained in exchange for lease liabilities:
New, remeasured and terminated operating leases	$	44,041	$	25,296
New, remeasured and terminated finance leases		51,920		31,895

Schedule of other information related to leases

	December 31, 2021
Weighted average remaining lease term:
Operating leases	12.2	years
Financing leases	15.1	years
Weighted average discount rate:
Operating leases	6.4	%
Financing leases	5.0	%

Schedule of future operating lease obligations

The following reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the lease liabilities in the accompanying consolidated balance sheet as of December 31, 2021 (in thousands):

	Operating		Finance
	Leases		Leases
2022	$	113,499	$	8,777
2023		113,300		12,167
2024		108,952		7,001
2025		102,616		6,157
2026		96,706		6,134
Thereafter		701,911		77,357
Total lease payments		1,236,984		117,593
Less: Imputed interest		(399,878)		(37,877)
Total lease obligations		837,106		79,716
Less: current portion		(62,217)		(4,964)
Noncurrent lease obligations	$	774,889	$	74,752

Schedule of future finance lease obligations

	Operating		Finance
	Leases		Leases
2022	$	113,499	$	8,777
2023		113,300		12,167
2024		108,952		7,001
2025		102,616		6,157
2026		96,706		6,134
Thereafter		701,911		77,357
Total lease payments		1,236,984		117,593
Less: Imputed interest		(399,878)		(37,877)
Total lease obligations		837,106		79,716
Less: current portion		(62,217)		(4,964)
Noncurrent lease obligations	$	774,889	$	74,752