Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Summary of Operating Lease Right-of-Use Assets and Lease Liabilities

We present below the operating lease right-of-use assets and lease liabilities as of December 31, 2024 (in thousands):

	December 31, 2024
ASSETS
Operating lease right-of-use assets	$47,923
LIABILITIES
Operating lease liabilities, current (included in accrued and other liabilities)	$3,532
Operating lease liabilities, long-term	47,794
Total operating lease liabilities	$51,326

Aggregate Future Minimum Lease Payments Under Noncancelable Operating Leases

Aggregate future minimum lease payments under noncancelable operating leases as of December 31, 2024 are as follows (in thousands):

Year Ending December 31,
2025	$	8,798
2026		9,396
2027		9,336
2028		9,324
2029		6,171
Thereafter		37,292
Total minimum payments required		80,317
Less short-term leases		(117	)
Less imputed interest		(28,874	)
Total operating lease liabilities	$	51,326

Schedule of Other Information Related to Leases

Weighted average remaining lease term	9.4 years
Weighted average discount rate		5.27	%
Supplemental cash flow information - operating cash flows (in thousands):
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases	$	6,798