XML 61 R43.htm IDEA: XBRL DOCUMENT v3.25.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Lease, Cost
The components of lease cost consisted of the following:
Year Ended December 31,
(in thousands)202520242023
Operating lease cost$108,432 $93,653 $83,866 
Variable lease cost68,242 67,459 65,376 
Short term lease cost10,179 10,972 10,117 
$186,853 $172,084 $159,359 
The following table presents supplemental cash flow information related to leases:

Year Ended December 31,
(in thousands)202520242023
Cash paid for amounts included in the measurement of operating lease liabilities $108,895 $98,620 $85,793 
Operating lease liabilities arising from obtaining lease ROU assets(1)
$110,028 $128,605 $83,393 
(1) Includes amounts added to the carrying amount of lease liabilities resulting from lease modifications and reassessments.
The following table presents supplemental balance sheet information related to leases:

As of December 31,
20252024
Weighted average remaining lease term6.31 years5.79 years
Weighted average discount rate 5.14 %4.89 %
Lessee, Operating Lease, Liability, Maturity
The following table presents the future maturities of operating lease liabilities as of December 31, 2025:

(in thousands)
2026$109,510 
202797,462 
202884,637 
202966,055 
203052,937 
Thereafter152,395 
Total operating lease payments
562,996 
Less: imputed interest(85,307)
Total operating lease liabilities
477,689 
Less: current operating lease liabilities
(88,501)
Non-current operating lease liabilities
$389,188