Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Lease Expense and Other Information Related to Leases

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

	For the Year Ended December 31,
	2023		2022		2021
Finance lease cost:
Amortization of right-of-use assets	$	18,827	$	15,873	$	13,358
Interest on lease liabilities	3,291		1,127		958
Operating lease cost	34,937		31,966		26,906
Short-term lease cost	2,025		2,602		4,819
Variable lease cost	11,516		9,246		7,261
Sublease income	(4,667)		(3,780)		(1,095)
Total lease cost	$	65,929	$	57,034	$	52,207

Other information related to leases was as follows (in thousands):

	For the Year Ended December 31,
	2023			2022			2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	39,157		$	34,233		$	28,230
Operating cash flows from finance leases	2,952			896			952
Financing cash flows from finance leases	23,279			14,146			12,352
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	21,417			38,543			41,068
Finance leases	87,726			21,030			11,055
Weighted average remaining lease term (years):
Operating leases	4.92			5.26			6.15
Finance leases	4.07			2.86			2.47
Weighted average discount rate:
Operating leases	4.4		%	3.8		%	3.8		%
Finance leases	5.6		%	3.7		%	3.1		%

Schedule of Future Minimum Lease Payments Under Non-Cancellable Leases

Future minimum lease commitments under non-cancellable leases as of December 31, 2023 were as follows (in thousands):

	Operating Leases		Sublease Income		Net Operating Leases		Finance leases
2024	$	34,171	$	2,976	$	31,195	$	26,389
2025	29,687		1,459		28,228		24,700
2026	24,842		975		23,867		23,559
2027	15,322		838		14,484		19,218
2028	7,968		—		7,968		7,525
Thereafter	19,808		—		19,808		—
Total future lease payments	131,798		6,248		125,550		101,391
Less: Amount representing interest	(13,469)		—		(13,469)		(10,585)
Present value of future payments	118,329		6,248		112,081		90,806
Less: Amount for tenant incentives	—		—		—		—
Revised Present value of future payments	118,329		6,248		112,081		90,806
Less: Current portion	(29,572)		(2,976)		(26,596)		(22,053)
Long term portion	$	88,757	$	3,272	$	85,485	$	68,753

Schedule of Future Minimum Lease Payments Under Non-Cancellable Leases

Future minimum lease commitments under non-cancellable leases as of December 31, 2023 were as follows (in thousands):

	Operating Leases		Sublease Income		Net Operating Leases		Finance leases
2024	$	34,171	$	2,976	$	31,195	$	26,389
2025	29,687		1,459		28,228		24,700
2026	24,842		975		23,867		23,559
2027	15,322		838		14,484		19,218
2028	7,968		—		7,968		7,525
Thereafter	19,808		—		19,808		—
Total future lease payments	131,798		6,248		125,550		101,391
Less: Amount representing interest	(13,469)		—		(13,469)		(10,585)
Present value of future payments	118,329		6,248		112,081		90,806
Less: Amount for tenant incentives	—		—		—		—
Revised Present value of future payments	118,329		6,248		112,081		90,806
Less: Current portion	(29,572)		(2,976)		(26,596)		(22,053)
Long term portion	$	88,757	$	3,272	$	85,485	$	68,753