Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.21.1
LEASES (Tables)
3 Months Ended
Mar. 31, 2021
Leases  
Schedule of Leases Classification [Table Text Block]

 

Lease Classification
(in thousands)                
        Three Months Ended March 31,  
Lease Classification   Financial Statement Classification   2021     2020  
Short-term lease cost   Cost of services provided, Sales, general, and administrative expenses   $ 60     $ 76  
Operating lease cost   Cost of services provided, Sales, general, and administrative expenses     22,634       20,717  
Total lease expense       $ 22,694     $ 20,793  
                     
Other Information                    
      Weighted-average remaining lease term – operating leases     5.66 years       3.84 years  
      Weighted-average discount rate – operating leases     3.85 %     3.93 %
Cash paid for amounts included in the measurement of lease liabilities:                
       Operating cash flows for operating leases    $ 22,457     $ 20,477  
Future minimum lease payments

Future minimum lease payments, including assumed exercise of renewal options at March 31, 2021 were as follows:

LEASES (Details 2)
(in thousands)   Operating
Leases
 
2021 (excluding the three months ended March 31, 2021)   $ 64,099  
2022     70,231  
2023     50,144  
2024     27,083  
2025     14,908  
2026     10,803  
Thereafter     48,844  
Total Future Minimum Lease Payments     286,112  
Less: Amount representing interest     31,782  
Total future minimum lease payments, net of interest   $ 254,330