Operating Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Schedule of Lease Expense and Supplemental Cash Flow Information

The following table details the components of lease expense included in operating expenses in the consolidated statements of income during the three months ended March 31, 2022 and 2021 (in thousands):

	Three Months Ended
	March 31,
	2022		2021
Operating lease expense	$	31,528	$	31,065
Variable lease expense (1)	4,174		3,834
Total operating lease expense	$	35,702	$	34,899

(1)Variable lease costs consist primarily of taxes, insurance and common area or other maintenance costs paid based on actual costs incurred by the lessor and can therefore vary over the lease term.

The following table details supplemental cash flow information related to operating leases for the three months ended March 31, 2022 and 2021 (in thousands):

	Three Months Ended
	March 31,
	2022		2021
Cash paid for amounts included in the measurement of operating lease liabilities	$	29,132	$	28,186
Leased assets obtained in exchange for new operating lease liabilities	$	18,946	$	16,778

Schedule of Maturity of Lease Liabilities

The following table details the maturity of lease liabilities for all operating leases as of March 31, 2022 (in thousands):

Nine months ending December 31, 2022	$	81,751
2023	91,376
2024	67,484
2025	41,008
2026	21,792
Thereafter	25,194
Total	$	328,605
Less amount of lease payments representing interest	(37,754)
Total present value of lease payments	$	290,851