v3.22.0.1
LEASES (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Lease Expense, Supplemental Cash Flow and Other Lease Information
Lease expense, supplemental cash flow information, and other information related to leases for the years ended December 31, 2021, 2020 and 2019 were as follows:
(thousands) 2021 2020 2019
Operating lease cost $ 42,081  $ 34,243  $ 31,653 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases $ 41,061  $ 33,599  $ 30,677 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases $ 78,225  $ 56,526  $ 37,112 
Lease Assets and Liabilities
Balance sheet information related to leases as of December 31, 2021 and 2020 was as follows:
(thousands, except lease term and discount rate) 2021 2020
Assets
Operating lease right-of-use assets $ 158,183  $ 117,816 
Liabilities
Operating lease liabilities, current portion $ 40,301  $ 30,901 
Long-term operating lease liabilities 120,161  88,175 
Total lease liabilities $ 160,462  $ 119,076 
Weighted average remaining lease term, operating leases (in years) 5.1 5.3
Weighted average discount rate, operating leases 3.8  % 4.1  %
Maturities of Operating Lease Liabilities
Maturities of operating lease liabilities were as follows at December 31, 2021 (in thousands):
2022 $ 45,452 
2023 40,553 
2024 32,869 
2025 23,620 
2026 14,498 
Thereafter 21,188 
Total lease payments 178,180 
Less imputed interest (17,718)
Total $ 160,462