Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Amounts Reported on Consolidated Balance Sheets for Operating Leases

Amounts reported on the Company’s Consolidated Balance Sheets for operating leases were as follows:

	December 31,
	2023		2022
	(Amounts in Thousands)
Operating lease assets, net	$	45,433	$	38,980
Short-term operating lease liabilities (in accrued expenses)		11,339		10,801
Long-term operating lease liabilities		39,711		35,479
Total operating lease liabilities	$	51,050	$	46,280

Components of Lease Cost Reported in General and Administrative Expenses in Consolidated Statements of Income

Components of lease costs were reported in general and administrative expenses in the Company’s Consolidated Statements of Income as follows:

	For the Years Ended December 31,
	(Amounts in Thousands)
	2023			2022			2021
Operating lease costs	$	13,026		$	11,354		$	11,150
Short-term lease costs		1,147			2,885			739
Total lease costs		14,173			14,239			11,889
Less: sublease income		(2,770	)		(951	)		(679	)
Total lease costs, net	$	11,403		$	13,288		$	11,210

Schedule of Weighted Average Remaining Lease Terms and Discount Rates

Weighted average remaining lease terms and discount rates were as follows:

	December 31,
	2023			2022			2021
Operating leases:
Weighted average remaining lease term		6.26			5.82			6.39
Weighted average discount rate		5.47	%		3.98	%		3.91	%

Summary of Remaining Operating Lease Payments

Remaining operating lease payments as of December 31, 2023 were as follows:

	Operating Leases
	(Amounts in Thousands)
Due in 12-month period ended December 31,
2024	$	13,809
2025		10,580
2026		8,284
2027		6,101
2028		5,274
Thereafter		17,154
Total future minimum rental commitments		61,202
Less: Imputed interest		(10,152	)
Total lease liabilities	$	51,050

Supplemental Cash Flow Information

	For the Years Ended December 31,
	(Amounts in Thousands)
	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	14,396	$	13,015	$	11,288
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	17,221	$	14,746	$	7,705