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Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Supplemental Cash Flow Information Supplemental cash flow information related to leases consisted of the following (in thousands):
Three Months Ended
March 31,
20212020
Cash paid for operating lease liabilities$22,225 $20,554 
Right-of-use assets obtained in exchange for new operating lease liabilities$3,501 $14,547 
Supplemental Balance Sheet Information Supplemental balance sheet information related to leases consisted of the following:
March 31,
2021
December 31,
2020
Weighted average remaining lease term for operating leases4.4 years4.5 years
Weighted average discount rate for operating leases2.6 %2.6 %
Schedule of Future Minimum Lease Payments
Future minimum lease payments under non-cancellable leases as of March 31, 2021, were as follows (in thousands):
2021 (excluding the three months ended March 31, 2021)
$65,666 
202273,205 
202359,476 
202447,524 
202529,095 
Thereafter29,371 
Less: Imputed interest(16,932)
Present value of operating lease liabilities (a)$287,405 
(a) Includes current portion of $79.2 million for operating leases.