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Leases
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases Leases
The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease ROU assets and current and non-current operating lease obligation on the consolidated balance sheets. Finance lease ROU assets are included in property and equipment, net, and the current and non-current portion of finance lease liabilities are included in other accrued expenses and long-term debt, respectively, on the consolidated balance sheets.
The Company has operating and finance leases for corporate offices and certain equipment. Leases have remaining lease terms ranging from one to six years. Certain leases include options to renew in increments of five years; the options to renew are not considered reasonably certain to be exercised at commencement and are not included in the lease term. Some leases have variable payments, however, because they are not based on an index or rate, they are not included in the measurement of ROU assets and operating lease liabilities. Variable payments for real estate leases relate primarily to common area maintenance, insurance and property taxes associated with the properties. These variable payments are expensed as incurred. The Company elected to not separate lease and non-lease components for building and equipment leases. The Company will account for the lease and non-lease components, such as those described above, as a single lease component.
The Company’s lease costs are recorded in cost of services and general and administrative expenses. Short-term and finance lease expense was determined to not be material. For the years ended December 31, 2021, 2020 and 2019 lease costs are as follows:
For the Year Ended December 31,
(in thousands)202120202019
Operating lease cost$9,851 $10,884 $11,000 
Variable lease cost1,629 1,886 1,800 
Total operating lease cost$11,480 $12,770 $12,800 
Operating cash flow from operating leases$7,709 $10,527 $10,961 
Future lease payments under operating leases as of December 31, 2021 were as follows:
(in thousands)
2022$8,578 
20238,439 
20245,087 
20254,950 
20264,687 
Thereafter7,490 
Total lease payments39,231 
Less: Interest(5,623)
Present value of lease liabilities$33,608 
Additional information related to the Company’s leases as of December 31, 2021 and 2020, respectively, is as follows:
For the Year Ended December 31,
20212020
Weighted-average remaining lease term5 years, 8 months5 years, 4 months
Weighted-average discount rate5.7 %6.5 %
As of December 31, 2021 and 2020, there were no material lease transactions that we have entered into but have not yet commenced.
Leases Leases
The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease ROU assets and current and non-current operating lease obligation on the consolidated balance sheets. Finance lease ROU assets are included in property and equipment, net, and the current and non-current portion of finance lease liabilities are included in other accrued expenses and long-term debt, respectively, on the consolidated balance sheets.
The Company has operating and finance leases for corporate offices and certain equipment. Leases have remaining lease terms ranging from one to six years. Certain leases include options to renew in increments of five years; the options to renew are not considered reasonably certain to be exercised at commencement and are not included in the lease term. Some leases have variable payments, however, because they are not based on an index or rate, they are not included in the measurement of ROU assets and operating lease liabilities. Variable payments for real estate leases relate primarily to common area maintenance, insurance and property taxes associated with the properties. These variable payments are expensed as incurred. The Company elected to not separate lease and non-lease components for building and equipment leases. The Company will account for the lease and non-lease components, such as those described above, as a single lease component.
The Company’s lease costs are recorded in cost of services and general and administrative expenses. Short-term and finance lease expense was determined to not be material. For the years ended December 31, 2021, 2020 and 2019 lease costs are as follows:
For the Year Ended December 31,
(in thousands)202120202019
Operating lease cost$9,851 $10,884 $11,000 
Variable lease cost1,629 1,886 1,800 
Total operating lease cost$11,480 $12,770 $12,800 
Operating cash flow from operating leases$7,709 $10,527 $10,961 
Future lease payments under operating leases as of December 31, 2021 were as follows:
(in thousands)
2022$8,578 
20238,439 
20245,087 
20254,950 
20264,687 
Thereafter7,490 
Total lease payments39,231 
Less: Interest(5,623)
Present value of lease liabilities$33,608 
Additional information related to the Company’s leases as of December 31, 2021 and 2020, respectively, is as follows:
For the Year Ended December 31,
20212020
Weighted-average remaining lease term5 years, 8 months5 years, 4 months
Weighted-average discount rate5.7 %6.5 %
As of December 31, 2021 and 2020, there were no material lease transactions that we have entered into but have not yet commenced.