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LEASES (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Supplemental Balance Sheet Information
The balances for the operating and finance leases where the Company is the lessee are presented as follows within the Company’s consolidated balance sheet (in thousands):
As of
December 31, 2021
Operating leases:
Operating lease right-of-use assets$161,974 
Other current liabilities$11,056 
Other long-term liabilities185,323 
Total operating lease liabilities$196,379 
Finance leases:
Property, plant and equipment, net10,567 
Total finance lease assets$10,567 
Finance lease liabilities, current portion$4,183 
Finance lease liabilities, net of current portion6,083 
Total finance lease liabilities$10,266 
Schedule of Lease, Cost
The components of lease expense are as follows within the Company’s consolidated statement of operations (in thousands):
Year Ended
December 31, 2021
Operating lease expense:
Operating lease expense (1)
$31,097 
Variable lease expense2,406 
Finance lease expense:
Amortization of leased assets$3,020 
Interest on lease liabilities460 
Total finance lease expense$3,480 
Total lease expense$36,983 
(1)Includes short-term leases, which are immaterial.
Other information related to leases where the Company is the lessee is as follows:
As of
December 31, 2021
Weighted-average remaining lease term (in years):
Operating leases7.8
Finance leases2.5
Weighted-average discount rate:
Operating leases10.98 %
Finance leases5.58 %
Supplemental cash flow information related to leases where the Company is the lessee is as follows (in thousands):
Year Ended
December 31, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$10,019 
Operating cash flows from finance leases (interest payments)460 
Financing cash flows from finance leases3,088 
Leased assets obtained in exchange for new operating lease liabilities84,078 
Leased assets obtained in exchange for new finance lease liabilities9,693 
Schedule of Lessee, Operating Lease, Liability, Maturity
As of December 31, 2021, the maturities of the Company’s operating and finance lease liabilities (excluding short-term leases) were as follows (in thousands):
Operating LeasesFinance Leases
2022$32,075 $4,628 
202338,898 4,275 
202439,346 1,674 
202538,525 210 
202634,791 196 
Thereafter117,215 — 
Total minimum lease payments300,850 10,983 
Less: Interest(104,471)(717)
Present value of lease obligations196,379 10,266 
Less: Current portion11,056 4,183 
Long-term portion of lease obligations$185,323 $6,083 
Schedule of Finance Lease, Liability, Fiscal Year Maturity
As of December 31, 2021, the maturities of the Company’s operating and finance lease liabilities (excluding short-term leases) were as follows (in thousands):
Operating LeasesFinance Leases
2022$32,075 $4,628 
202338,898 4,275 
202439,346 1,674 
202538,525 210 
202634,791 196 
Thereafter117,215 — 
Total minimum lease payments300,850 10,983 
Less: Interest(104,471)(717)
Present value of lease obligations196,379 10,266 
Less: Current portion11,056 4,183 
Long-term portion of lease obligations$185,323 $6,083 
Schedule of Future Minimum Lease Payments for Capital Leases
Under legacy lease accounting (ASC 840), future minimum lease payments under non-cancellable leases as of December 31, 2020 are as follows (in thousands):
Operating LeasesFinance Leases
2021$25,490 $1,729 
202228,837 1,547 
202327,633 1,174 
202428,207 9 
202527,474 — 
Thereafter116,155 — 
Total minimum lease payments$253,796 4,459 
Less: Interest(1,202)
Present value of lease obligations3,257 
Less: Current portion(1,261)
Long-term portion of lease obligations$1,996 
Schedule of Future Minimum Rental Payments for Operating Leases
Under legacy lease accounting (ASC 840), future minimum lease payments under non-cancellable leases as of December 31, 2020 are as follows (in thousands):
Operating LeasesFinance Leases
2021$25,490 $1,729 
202228,837 1,547 
202327,633 1,174 
202428,207 9 
202527,474 — 
Thereafter116,155 — 
Total minimum lease payments$253,796 4,459 
Less: Interest(1,202)
Present value of lease obligations3,257 
Less: Current portion(1,261)
Long-term portion of lease obligations$1,996