Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Schedule of Balances and Classification of Operating Lease Right-of-Use Assets and Operating Lease Liabilities within Condensed Consolidated Balance Sheet

The balances and classification of operating lease right-of-use assets and operating lease liabilities within the Condensed Consolidated Balance Sheet is as follows:

(in thousands)		September 30, 2021		December 31, 2020
Balance Sheet
Assets:
Operating lease right-of-use assets	Operating lease assets	$	187,828	$	186,998
Total assets			187,828		186,998
Liabilities:
Current operating lease liabilities	Accrued expenses and other liabilities		43,097		43,542
Non-current operating lease liabilities	Operating lease liabilities		171,571		172,935
Total liabilities		$	214,668	$	216,477

Schedule of Components of Lease Cost for Operating Leases

The components of lease cost for operating leases for the three and nine months ended September 30, 2021 and 2020 were:

	Three months ended September 30,						Nine months ended September 30,
(in thousands)	2021			2020			2021			2020
Operating leases:
Lease cost	$	12,992		$	13,560		$	39,600		$	39,911
Variable lease cost		1,046			892			3,143			2,583
Short-term lease cost		320			122			857			360
Operating lease cost	$	14,358		$	14,574		$	43,600		$	42,854
Sublease income		(578	)		(416	)		(1,321	)		(1,224	)
Total lease cost net	$	13,780		$	14,158		$	42,279		$	41,630

Schedule of Weighted Average Remaining Lease Term and Weighted Average Discount Rate for Operating Leases

The weighted average remaining lease term and the weighted average discount rate for operating leases as of September 30, 2021 were:

Weighted-average remaining lease term	6.27
Weighted-average discount rate	2.86	%

Schedule of Maturities of Operating Lease Liabilities

Maturities of the operating lease liabilities by fiscal year at September 30, 2021 for the Company's operating leases are as follows:

(in thousands)	Operating leases
2021 (Remainder)	$	10,413
2022		49,792
2023		41,772
2024		34,963
2025		28,608
Thereafter		67,616
Total undiscounted lease payments		233,164
Less: Imputed interest		18,496
Present value of lease payments	$	214,668

Schedule of Supplemental Cash Flow Information

Supplemental cash flow information for operating leases for the three and nine months ended September 30, 2021 and 2020:

	Three months ended September 30,				Nine months ended September 30,
(in thousands)	2021		2020		2021		2020
Cash paid for amounts included in measurement of liabilities
Operating cash flows from operating leases	$	13,899	$	13,949	$	41,743	$	40,723
Right-of-use assets obtained in exchange for new operating    liabilities	$	14,117	$	10,329	$	34,095	$	32,510