v3.22.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Summary of Balance Sheet Information Relating to Leases
Supplemental balance sheet information related to lease liabilities at December 31, 2021 and 2020 was as follows (in thousands):
 
           
As of December 31,
 
Lease-Related Assets and Liabilities
  
Financial Statement Line Items
    
2021
    
2020
 
Right-of-use
assets:
                          
Operating leases
    
Operating lease right-of-use assets
     $ 216,898      $ 217,075  
 
             
 
 
    
 
 
 
Total
right-of-use
assets
            $ 216,898      $ 217,075  
Lease liabilities:
                          
Operating leases
     Operating lease liabilities      $ 39,927      $ 29,079  
       Operating lease liabilities, noncurrent        220,146        229,800  
             
 
 
    
 
 
 
Total lease liabilities
            $ 260,073      $ 258,879  
             
 
 
    
 
 
 
Summary of Operating Lease Cost
The components of lease expense included in the Company’s consolidated statements of operations include (in thousands):
 
    
Years Ended December 31,
 
    
2021
    
2020
 
Operating lease expense
   $ 51,330      $ 53,576  
Short-term lease expense
     4,165        8,942  
Variable lease expense
     7,518        9,433  
Less: Sublease income
     19,957        19,769  
    
 
 
    
 
 
 
Total lease expense, net
   $ 43,056      $ 52,182  
    
 
 
    
 
 
 
Summary of Lessee, Operating Lease, Liability, Maturity
Maturities of operating lease liabilities as of December 31, 2021 were as follows (in thousands):


 
  
As of December 31, 2021
 
 
  
Operating Lease
Commitments
 
  
Less: Sublease
Income
 
  
Net Lease
Commitments
 
Year ended December 31,
                       
2022
  $ 53,258     $ 12,461     $ 40,797  
2023
    54,206       18,274       35,932  
2024
    44,025       16,403       27,622  
2025
    42,163       14,210       27,953  
2026
    37,045       13,748       23,297  
Thereafter
    92,365       57,653       34,712  
   
 
 
   
 
 
   
 
 
 
Total undiscounted liabilities
    323,062       132,749       190,313  
Less: Imputed interest
    (62,989           (62,989
   
 
 
   
 
 
   
 
 
 
Total operating lease liabilities
  $ 260,073     $ 132,749     $ 127,324  
   
 
 
   
 
 
   
 
 
 
Summary of Supplemental Cash Flow Information Related to Lease, Cost
The following table sets forth the supplemental information related to the Company’s operating leases for the year ended December 31, 2021 (in thousands):

 
 
  
Years Ended December 31,
 
 
  
2021
 
  
2020
 
Cash paid for operating lease liabilities
   $         49,228      $         58,157  
Lease liabilities arising from obtaining
right-of-use
assets
   $ 34,606      $ 17,647