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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Operating Lease Assets and Liabilities Recognized
The table below presents the operating lease assets and liabilities recognized on the consolidated balance sheets as of December 31:
(in thousands)20222021
Operating Lease Assets:
Right-of use lease assets$207,390 $222,356 
Operating Lease Liabilities:
Current lease liabilities$34,442 $33,581 
Non-current lease liabilities186,845 196,771 
Total operating lease liabilities
$221,287 $230,352 
Schedule of Weighted Average Remaining Lease Term and Discount Rate for Operating Leases
The weighted-average remaining lease term and weighted-average discount rate for operating leases as of December 31 are:
20222021
Weighted-average remaining lease term7.6 years8.1 years
Weighted-average discount rate5.52 %5.62 %
Schedule of Reconciliation of Undiscounted Future Minimum Lease Payments
The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under noncancelable operating leases with terms of more than one year to the total lease liabilities recognized on the consolidated balance sheet as of December 31, 2022:
(in thousands)
Operating Leases
2023$45,427 
202441,650 
202536,242 
202632,013 
202726,487 
Thereafter92,163 
Total undiscounted future minimum lease payments273,982 
Less: difference between undiscounted lease payments and discounted operating lease liabilities(52,695)
Total operating lease liabilities$221,287 
Schedule of Lease Expense
Components of lease expense which are included in selling, general, and administrative expenses within our consolidated statements of comprehensive income were as follows:
Year Ended December 31,
(in thousands)202220212020
Operating lease cost$46,449 $46,774 $44,854 
Variable lease cost6,969 6,680 5,827 
Total lease expense$53,418 $53,454 $50,681 
Schedule of Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases is as follows:
Year Ended December 31,
(In thousands)20222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$40,513 $47,607 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$25,419 $25,025