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Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Future Minimum Lease Payments under Operating Leases

Future minimum lease payments under operating leases that have initial noncancelable lease terms in excess of one year were as follows (in thousands):

 

 

 

March 31,
2022

 

 

December 31,
2021

 

2022

 

$

31,063

 

 

$

41,685

 

2023

 

 

36,235

 

 

 

35,833

 

2024

 

 

29,270

 

 

 

28,837

 

2025

 

 

24,265

 

 

 

23,794

 

2026

 

 

18,888

 

 

 

18,361

 

Thereafter

 

 

91,621

 

 

 

91,237

 

Total lease payments

 

 

231,342

 

 

 

239,747

 

Less: imputed interest

 

 

(40,617

)

 

 

(46,173

)

Operating lease liabilities

 

$

190,725

 

 

$

193,574

 

Lease Cost

The following table summarizes lease costs (in thousands):

 

 

 

 

 

Three Months Ended March 31,

 

 

 

 

 

 

 

2022

 

 

2021

 

Operating lease cost

 

 

 

 

 

$

10,850

 

 

$

10,392

 

Variable lease cost

 

 

 

 

 

 

419

 

 

 

709

 

Short-term lease cost

 

 

 

 

 

 

5,481

 

 

 

3,053

 

Sublease income

 

 

 

 

 

 

(69

)

 

 

(274

)

 

 

 

 

 

 

$

16,681

 

 

$

13,880

 

Operating Leases, Weighted Average Discount Rate and Remaining Lease Term

The following table summarizes other supplemental information about the Company’s operating leases:

 

 

 

March 31,
2022

 

 

December 31,
2021

 

Weighted average discount rate

 

 

3.8

%

 

 

3.8

%

Weighted average remaining lease term

 

9 years

 

 

9 years