LEASES (Tables)

12 Months Ended

Dec. 31, 2021

LEASES

Summary of leased assets and liabilities

$s in thousands	2021		2020
Assets:
Operating right-of-use assets (1)	$	43,607	$	51,474
Finance right-of-use assets (2)		17,290		21,209
Total	$	60,897	$	72,683
Liabilities:
Current:
Operating (3)	$	15,799	$	17,048
Finance (4)		4,969		4,462
Long-term:
Operating (5)		28,477		35,069
Finance (6)		12,108		17,501
Total	$	61,353	$	74,080

(1) Included in Operating lease assets in the Company’s consolidated balance sheets.

(2) Included in Property and equipment, net in the Company’s consolidated balance sheets. Finance right-of-use assets are recorded net of accumulated amortization of $13.3 million and $8.0 million as of December 31, 2021 and 2020, respectively.

(3) Included in Current portion of operating lease liabilities in the Company’s consolidated balance sheets.

(4) Included in Accrued liabilities in the Company’s consolidated balance sheets.

(5) Included in Long-term operating lease liabilities in the Company’s consolidated balance sheets.

(6) Included in Other long-term liabilities in the Company’s consolidated balance sheets.

Summary of lease cost

	Year Ended December 31,
$s in thousands	2021		2020
Operating lease cost (1)	$	19,950	$	20,880
Finance lease cost:
Amortization of leased assets (2)		5,249		5,312
Interest on lease liabilities (3)		1,012		1,221
Total	$	26,211	$	27,413

(1) Included in Direct operating costs and Selling, general, and administrative expenses in the Company’s consolidated statements of operations. Operating lease cost includes short-term leases, excluding expenses relating to leases with a

term of one month or less, which are not material. Operating lease cost excludes variable lease costs which are not material.

(2) Included in Direct operating costs in the Company’s consolidated statements of operations.

(3) Included in Interest expense in the Company’s consolidated statements of operations.

Schedule of cash flow supplemental information

	Year Ended December 31,
$s in thousands	2021		2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	19,687	$	20,297
Operating cash flows from finance leases	$	1,012	$	1,221
Financing cash flows from finance leases	$	4,885	$	4,659
Non-cash investing and financing activities:
Right-of-use assets obtained in exchange for new operating lease liabilities	$	10,010	$	13,576
Right-of-use assets obtained in exchange for new finance lease liabilities	$	—	$	6,197

Summary of weighted-average remaining lease term and discount rate

	2021			2020
Weighted-average remaining lease term (years):
Operating leases		3.7			4.1
Finance leases		3.2			4.0
Weighted-average discount rate:
Operating leases		3.59	%		3.69	%
Finance leases		5.85	%		5.86	%

Summary of future maturity of lease liability and its present value

	Operating		Finance
$s in thousands	Leases		Leases		Total
2022	$	17,091	$	5,694	$	22,785
2023		13,617		5,668		19,285
2024		8,510		3,929		12,439
2025		3,366		3,565		6,931
2026		1,557		953		2,510
Thereafter		3,356		264		3,620
Total	$	47,497	$	20,073	$	67,570
Less: Interest		3,221		2,996		6,217
Present value of lease liabilities	$	44,276	$	17,077	$	61,353