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Leases
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Leases Leases
At December 31, 2020, the Company had right-of-use (“ROU”) assets, net of $191.4 million and lease liabilities of $192.3 million recorded on the consolidated balance sheet.
The Company rents certain facilities and equipment under operating leases. The Company’s total lease cost is recorded primarily within selling, general and administrative expenses on the consolidated statements of operations. Rents which are directly chargeable to a project are charged to cost of revenues.
During the year ended December 31, 2020 and December 31, 2019, the Company recognized operating lease costs of approximately $55.7 million and $50.0 million, respectively.
The Company’s future minimum operating lease payments for noncancelable operating leases were as follows (in thousands):
December 31, 2020
2021$48,547 
202242,234 
202337,212 
202429,009 
202522,558 
Thereafter54,509 
Total future minimum lease payments234,069 
Less imputed interest41,720 
Present value of minimum lease payments192,349 
Less current maturities of lease liabilities46,756 
Long-term lease liabilities$145,593 
The weighted-average remaining lease term and the weighted-average discount rate for the Company’s operating leases were approximately 7.0 years and 6.2%, respectively, at December 31, 2020.
The Company made cash payments of approximately $44.0 million for operating leases for the year ended December 31, 2020, which are included in cash flows from operating activities in the consolidated statement of cash flows.