Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Lease costs

The table below presents the Company’s net lease cost and certain other information related to the Company’s leasing activities as of and for the periods indicated (dollars in thousands).

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
Description:	2021		2020		2021		2020
Operating lease cost (1)	$	32,583	$	34,290	$	98,068	$	107,424
Variable lease cost (2)	4,251		4,006		12,674		12,382
Sublease income	(10,721)		(6,777)		(31,644)		(28,587)
Total lease cost, net (3)	$	26,113	$	31,519	$	79,098	$	91,219
Cash paid for amounts included in the measurement of operating  lease liabilities	$	35,322	$	34,763	$	105,573	$	103,725
Cash receipts from sublease arrangements	$	11,669	$	9,592	$	32,128	$	28,512
Right-of-use assets obtained in exchange for new operating lease  liabilities	$	18,787	$	527	$	28,081	$	19,061

(1)Included in operating lease cost was $10.6 million and $10.5 million for the three months ended September 30, 2021 and 2020, respectively, and $31.8 million and $31.7 million for the nine months ended September 30, 2021 and 2020, respectively, for costs related to subleasing activities.

(2)These amounts are primarily variable lease and nonlease costs that are not fixed at the lease commencement date or are dependent on something other than an index or a rate.

(3)The Company did not capitalize any operating lease costs during any of the periods presented.

Supplemental balance sheet information

The table below indicates where the discounted operating lease payments from the above table are classified in the accompanying Condensed Consolidated Balance Sheets (in thousands).

	September 30,		December 31,
Description:	2021		2020
Accounts payable and accrued liabilities	$	86,654	$	83,995
Operating lease liabilities	740,088		780,166
Total operating lease liabilities included in the Condensed Consolidated Balance Sheets	$	826,742	$	864,161