Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Components of Lease Cost

The components of lease cost were as follows:

	Year Ended December 31,
	2021				2020
	(in thousands)
Operating lease expense	$	69,831			$	60,450
Sublease income		(2,478	)			(2,815	)
Total net lease costs	$	67,353			$	57,635

Summary of Weighted Average Remaining Lease Term and Discount Rate Related to Operating Leases

Lease Term and Discount Rate

The weighted-average remaining lease term (in years) and discount rate related to the operating leases were as follows:

	For the Year Ended December 31,
	2021						2020
Weighted-average remaining lease term		6.6						7.6
Weighted-average discount rate		5.0	%					5.5	%

Present Value of Operating Lease Liabilities

Maturity of Lease Liabilities

The present value of our operating lease liabilities as of December 31, 2021 were as follows:

	Operating Leases
	(in thousands)
Year ending December 31,
2022	$	69,857
2023		84,573
2024		82,312
2025		77,406
2026		34,635
Thereafter		99,092
Total lease payments	$	447,875
Less: Imputed interest		(69,970	)
Present value of lease liabilities	$	377,905