Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.21.2
LEASES (Tables)
9 Months Ended
Sep. 30, 2021
LEASES  
Schedule of operating lease costs and other information

Three Months Ended September 30, 

Nine Months Ended September 30, 

(in thousands, except Other Information)

Lease Classification

    

Financial Statement Classification

    

2021

    

2020

    

2021

    

2020

Short-term lease cost

 

Cost of services provided, Sales, general, and administrative expenses

$

51

$

20

$

176

$

153

Operating lease cost

 

Cost of services provided, Sales, general, and administrative expenses

 

23,472

 

21,514

 

69,497

 

63,538

Total lease expense

$

23,523

$

21,534

$

69,673

$

63,691

Other Information:

 

  

 

  

 

  

 

  

 

  

Weighted-average remaining lease term - operating leases

 

5.54 years

 

3.70 years

Weighted-average discount rate - operating leases

 

3.69

%

 

3.94

%

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows for operating leases

$

68,614

$

62,928

Schedule of Future minimum lease payments

(in thousands)

2021 (excluding the nine months ended September 30, 2021)

$

22,994

2022

79,411

2023

 

59,682

2024

 

35,874

2025

 

20,329

2026

 

13,495

Thereafter

 

52,667

Total Future Minimum Lease Payments

 

284,452

Less: Amount representing interest

 

30,387

Total future minimum lease payments, net of interest

$

254,065