Leases (Tables)

12 Months Ended

Dec. 31, 2023

The Company’s total lease cost is as follows:


	For the Year Ended December 31,
	2021						2022						2023
	Unrelated Parties		Related Parties		Total		Unrelated Parties		Related Parties		Total		Unrelated Parties		Related Parties		Total
	(in thousands)
Operating lease cost	$	283,595	$	7,186	$	290,781	$	299,077	$	7,245	$	306,322	$	310,000	$	7,335	$	317,335
Finance lease cost:
Amortization of right-of-use assets	647		—		647		1,488		—		1,488		1,572		—		1,572
Interest on lease liabilities	1,142		—		1,142		1,335		—		1,335		1,405		—		1,405
Short-term lease cost	269		—		269		74		—		74		—		—		—
Variable lease cost	52,666		426		53,092		57,335		462		57,797		64,920		84		65,004
Sublease income	(8,955)		—		(8,955)		(7,803)		—		(7,803)		(6,725)		—		(6,725)
Total lease cost	$	329,364	$	7,612	$	336,976	$	351,506	$	7,707	$	359,213	$	371,172	$	7,419	$	378,591

The weighted average remaining lease terms and discount rates are as follows:


	December 31,
	2022		2023
Weighted average remaining lease term (in years):
Operating leases	7.8		7.7
Finance leases	24.8		25.9
Weighted average discount rate:
Operating leases	5.8	%	6.1	%
Finance leases	7.4	%	7.4	%

Supplemental cash flow information related to leases is as follows:


	For the Year Ended December 31,
	2021		2022		2023
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	294,576	$	308,085	$	317,256
Operating cash flows for finance leases	1,142		1,335		1,239
Financing cash flows for finance leases	616		1,472		1,617
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	284,657		340,845		270,153
Finance leases	4,545		495		—

Supplemental balance sheet information related to leases is as follows:


	December 31,
	2022						2023
	Unrelated Parties		Related Parties		Total		Unrelated Parties		Related Parties		Total
Operating Leases	(in thousands)
Operating lease right-of-use assets	$	1,136,014	$	33,726	$	1,169,740	$	1,159,025	$	29,591	$	1,188,616

Current operating lease liabilities	$	231,595	$	5,189	$	236,784	$	239,807	$	5,593	$	245,400
Non-current operating lease liabilities	977,645		30,749		1,008,394		1,000,583		25,284		1,025,867
Total operating lease liabilities	$	1,209,240	$	35,938	$	1,245,178	$	1,240,390	$	30,877	$	1,271,267


	December 31,
	2022						2023
	Unrelated Parties		Related Parties		Total		Unrelated Parties		Related Parties		Total
Finance Leases	(in thousands)


Property and equipment, net	$	7,563	$	—	$	7,563	$	6,035	$	—	$	6,035

Current portion of long-term debt and notes payable	$	1,628	$	—	$	1,628	$	1,385	$	—	$	1,385
Long-term debt, net of current portion	15,478		—		15,478		14,103		—		14,103
Total finance lease liabilities	$	17,106	$	—	$	17,106	$	15,488	$	—	$	15,488

As of December 31, 2023, maturities of lease liabilities are approximately as follows:


	Operating Leases		Finance Leases
	(in thousands)
2024	$	313,222	$	2,499
2025	270,654		2,227
2026	235,529		2,157
2027	187,853		1,641
2028	138,320		1,272
Thereafter	524,516		25,387
Total undiscounted cash flows	1,670,094		35,183
Less: Imputed interest	398,827		19,695
Total discounted lease liabilities	$	1,271,267	$	15,488

As of December 31, 2023, maturities of lease liabilities are approximately as follows:


	Operating Leases		Finance Leases
	(in thousands)
2024	$	313,222	$	2,499
2025	270,654		2,227
2026	235,529		2,157
2027	187,853		1,641
2028	138,320		1,272
Thereafter	524,516		25,387
Total undiscounted cash flows	1,670,094		35,183
Less: Imputed interest	398,827		19,695
Total discounted lease liabilities	$	1,271,267	$	15,488