XML 59 R48.htm IDEA: XBRL DOCUMENT v3.21.1
Operating Leases (Tables)
3 Months Ended
Mar. 31, 2021
Lessee Disclosure [Abstract]  
Schedule of Net Lease Cost

The table below summarizes our net lease cost for the three months ended March 31, 2021 and 2020 (in thousands):

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Operating lease cost

 

$

25,123

 

 

$

24,395

 

Short-term lease cost

 

 

155

 

 

 

476

 

Variable lease cost

 

 

108

 

 

 

15

 

Sublease income

 

 

(659

)

 

 

(908

)

Net lease cost

 

$

24,727

 

 

$

23,978

 

The table below summarizes other information related to our operating leases as of and for the three months ended March 31, 2021 (in thousands):

Operating lease cash flows

 

$

22,712

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

8,956

 

Weighted-average remaining lease term

 

12.1 years

 

Weighted-average discount rate

 

 

4.18

%

Schedule of Information About Operating Lease Liabilities

 

 

The table below presents information about operating lease liabilities as of March 31, 2021, (in thousands, except percentages).

Remainder of 2021

 

$

75,086

 

2022

 

 

99,194

 

2023

 

 

97,821

 

2024

 

 

95,917

 

2025

 

 

93,931

 

Thereafter

 

 

600,909

 

Total undiscounted lease payments

 

 

1,062,858

 

Imputed interest

 

 

(240,107

)

Total operating lease liabilities

 

$

822,751