Leases (Tables)

3 Months Ended

Mar. 31, 2022

The components of lease costs for the three months ended March 31, 2022 and March 31, 2021 are as follows (in thousands):

	Three Months Ended
	March 31, 2022			March 31, 2021
Operating lease cost	$	16,176		$	16,361
Short-term lease cost		3,480			2,032
Amortization of right-of-use assets		548			474
Interest on lease liabilities		21			29
Sublease income		(1,035	)		(776	)
Total lease cost	$	19,190		$	18,120

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases for the three months ended March 31, 2022 and March 31, 2021 is as follows (in thousands):

	Three Months Ended
	March 31, 2022		March 31, 2021
Operating cash flows for operating leases	$	17,506	$	16,627
Operating cash flows for finance leases		21		30
Financing cash flows from finance leases		511		480
Right-of-use assets obtained in exchange for new operating lease liabilities		2,304		4,865
Right-of-use assets obtained in exchange for new finance lease liabilities	$	-	$	619

Schedule of Supplemental Balance Sheet and Other Information Related to Leases

Supplemental balance sheet and other information related to leases as of March 31, 2022 and December 31, 2021 are as follows (in thousands):

	March 31, 2022			December 31, 2021
Operating Leases:
Right-of-use assets	$	171,907		$	182,672
Lease liabilities:
Current	$	57,197		$	55,902
Long-term		135,276			148,893
Total operating lease liabilities	$	192,473		$	204,795
Finance Leases:
Other noncurrent assets	$	3,842		$	4,389
Accrued expenses and other current liabilities	$	1,661		$	1,822
Other long-term liabilities	$	2,073		$	2,422

Weighted Average Remaining Lease Term:
Operating leases	4.1 Years			4.3 years
Finance leases	2.7 Years			2.9 years
Weighted Average Discount Rate:
Operating leases		3.4	%		3.5	%
Finance leases		2.1	%		2.1	%

Schedule of Maturity Analysis of Future Undiscounted Cash Flows

A maturity analysis of the future undiscounted cash flows associated with the Company’s operating and finance lease liabilities as of March 31, 2022 is as follows (in thousands):

	Operating Leases			Finance Leases
2022 (remaining)	$	48,184		$	1,378
2023		53,184			1,221
2024		41,599			812
2025		30,955			454
2026		17,564			11
Thereafter		14,607			-
Total lease payments		206,093			3,876
Less: imputed interest		(13,620	)		(142	)
Total present value of lease liabilities	$	192,473		$	3,734