LEASES (Tables)

12 Months Ended

Dec. 31, 2020

LEASES

Summary of components of lease expense

The components of lease expense were as follows (in thousands):

	December 31, 2020		December 31, 2019
Operating lease cost:
Operating lease cost	$	16,409	$	15,194
Short-term lease cost		2,712		3,426
Variable lease cost		4,059		2,803
Total operating lease cost	$	23,180	$	21,423
Finance lease cost:
Amortization of right-of-use asset	$	2,181	$	2,318
Variable costs		852		964
Total finance lease cost	$	3,033	$	3,282

Summary of weighted-average remaining lease term and discount rate

	December 31, 2020		December 31, 2019
Weighted-average remaining lease term
Operating leases		5.9 years		6.5 years
Financing leases		10.9 years		11.7 years
Weighted-average discount rate
Operating leases		5.0%		5.0%
Financing leases		3.3%		n/a

Summary of maturities of lease liabilities

Maturities of lease liabilities as of December 31, 2020 were as follows (in thousands):

	Operating Leases
2021	$	15,211
2022		14,535
2023		12,132
2024		10,844
2025		7,816
Thereafter		13,094
Total lease payments		73,632
Less imputed interest		(10,179)
Total	$	63,453

Maturities of lease liabilities as of December 31, 2019 were as follows (in thousands):

	Operating Leases
2020	$	14,526
2021		13,714
2022		12,787
2023		10,713
2024		9,671
Thereafter		18,355
Total lease payments		79,766
Less imputed interest		(12,195)
Total	$	67,571