Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.22.1
LEASES (Tables)
3 Months Ended
Mar. 31, 2022
LEASES  
Schedule of operating lease costs and other information

Three Months Ended March 31, 

(in thousands, except Other Information)

Lease Classification

    

Financial Statement Classification

    

2022

    

2021

Short-term lease cost

 

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

$

26

$

60

Operating lease cost

 

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

 

24,023

 

22,634

Total lease expense

$

24,049

$

22,694

Other Information:

 

  

 

  

 

  

Weighted-average remaining lease term - operating leases

 

5.5 years

 

5.7 years

Weighted-average discount rate - operating leases

 

3.54

%

 

3.85

%

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

Operating cash flows for operating leases

$

23,758

$

22,457

Schedule of Future minimum lease payments

    

Operating

(in thousands)

2022 (excluding the three months ended March 31, 2022)

$

62,839

2023

67,440

2024

 

43,519

2025

 

26,295

2026

 

16,493

2027

 

12,119

Thereafter

 

44,593

Total Future Minimum Lease Payments

 

273,298

Less: Amount representing interest

 

28,996

Total future minimum lease payments, net of interest

$

244,302