Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases

Schedule of components of lease cost

The following table presents the components of lease cost for the years ended December 31 (in thousands):

Statement of operations location:	2024		2023		2022
Cost of sales (a)	$	43,754	$	44,895	$	45,125
Selling, general and administrative expenses		3,266		2,727		2,688
Operating expenses (b)		70,520		68,645		66,509
Total lease cost	$	117,540	$	116,267	$	114,322

(a) Includes short-term lease costs of $10.0 million, $6.2 million and $6.2 million for 2024, 2023 and 2022, respectively.

(b) Includes variable lease cost of $12.5 million, $10.5 million and $11.3 million for 2024, 2023 and 2022, respectively, and short-term leases costs which were immaterial for 2024, 2023 and 2022.

Schedule of minimum lease payments to be paid

The future minimum lease payments to be paid under operating leases in effect and included in the calculation of lease liabilities at December 31, 2024 were as follows (in thousands):

2025	$	73,702
2026		65,216
2027		53,484
2028		43,115
2029		34,201
Thereafter		117,499
Total lease payments		387,217
Less imputed interest		78,692
Total lease liabilities	$	308,525
Current portion	$	56,780
Long-term portion		251,745
Total lease liabilities	$	308,525

Schedule of supplemental cash flow information related to leases

The following table presents supplemental information related to leases for the years ended December 31 (in thousands):

	2024		2023		2022
Cash paid for amounts included in the measurement of lease liabilities	$	83,559	$	86,763	$	91,534
Right-of-use assets obtained in exchange for new lease liabilities	$	109,276	$	30,701	$	74,421

Schedule of components of lease revenue

The following table presents the components of lease revenue for the years ended December 31 (in thousands):

Statement of operations location:	2024		2023		2022
Sales (a)(b)	$	86,937	$	83,534		81,926

(a) Lease revenue includes sub-lessor rental income from leased properties of $48.9 million, $48.2 million and $46.5 million for 2024, 2023 and 2022, respectively, where the Partnership is the lessee of the property.

(b) Includes variable lease revenue of $9.3 million, $8.9 million and $8.1 million for 2024, 2023 and 2022, respectively, and short-term lease revenue which was immaterial for 2024, 2023 and 2022.

Schedule of minimum lease payments to be received

The future minimum lease payments to be received under operating leases in effect at December 31, 2024 were as follows (in thousands):

2025	$	79,145
2026		37,676
2027		21,600
2028		6,283
2029		2,330
Thereafter		4,890
Total	$	151,924