XML 61 R45.htm IDEA: XBRL DOCUMENT v3.22.1
Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of Lease Cost, Supplemental Cash Flow, and Other Information Related to Leases Lease costs incurred by lease type were as follows for the periods indicated below (in thousands):
    
Year Ended
 
    
December 31,
2021
    
December 31,
2020
 
Lease cost
     
Operating lease cost
   $ 65,555      $ 67,279  
Variable lease cost
(1)
     20,045        18,689  
  
 
 
    
 
 
 
Total lease cost
(2)
   $ 85,600      $ 85,968  
  
 
 
    
 
 
 
 
(1)
Includes short term lease costs, which are not material.
(2)
Sublease income was not material.
Other supplemental quantitative disclosures were as follows for the periods indicated below (in thousands):
 
    
Year Ended
 
    
December 31,
2021
    
December 31,
2020
 
Other information
     
Cash paid for amounts included in the measurement of lease liabilities:
     
Operating cash flows from operating leases
   $ 65,678      $ 61,993  
Cash payments related to lease terminations
   $ 4,570      $ —    
Right-of-use
assets obtained in exchange for new operating lease liabilities
   $ 28,759      $ 14,067  
Average lease terms and discount rates as of December 31, 2021 and December 31, 2020 were as follows:
 
    
December 31,
2021
   
December 31,
2020
 
Weighted-average remaining lease term:
    
Operating leases
     6.4 years       6.7 years  
Weighted-average discount rate:
    
Operating leases
     6.5     6.5
Schedule of Estimated Undiscounted Future Lease Payments
Estimated undiscounted future lease payments under
non-cancellable
operating leases, along with a reconciliation of the undiscounted cash flows to operating lease liabilities, respectively, at December 31, 2021 were as follows (in thousands):
 
Year
  
2022
   $ 66,916  
2023
     64,314  
2024
     57,370  
2025
     48,508  
2026
     42,278  
Thereafter
     92,133  
  
 
 
 
Total undiscounted future cash flows
   $ 371,519  
Less: Imputed Interest
     (71,489
  
 
 
 
Present value of future cash flows
   $ 300,030  
  
 
 
 
Presentation on Balance Sheet
  
Current
   $ 49,433  
Non-current
   $ 250,597