Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases

Summary of components of lease expense

The components of operating lease expense are as follows (in thousands):

	Year Ended December 31,
	2024		2023		2022
Operating lease expense (1)	$	148,311	$	112,170	$	76,761

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(1) Includes short-term leases, which are immaterial.

Summary of operating lease liabilities

Our operating lease liabilities are reported on the Consolidated Balance Sheets as follows (in thousands):

	December 31,		December 31,
	2024			2023
Accrued liabilities	$	122,021	$	96,411
Noncurrent operating lease liabilities, net of current portion		333,370		263,454
	$	455,391	$	359,865

Summary of future minimum lease payments under non-cancelable operating leases

	Future Minimum
For the Years Ending December 31,	Lease Payments
2025	$	145,247
2026		135,061
2027		111,388
2028		71,092
2029		36,499
Thereafter		14,822
Total lease payments	$	514,109
Less imputed interest		(58,718)
Total	$	455,391

Summary of other information related to operating leases

Other information related to operating leases is as follows (in thousands, except lease term and discount rate):

	Year ended December 31,
	2024		2023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	145,791	$	109,430
Weighted-average remaining lease term on operating leases (years)		3.90		4.44
Weighted-average discount rate on operating leases		6.50%		5.64%