Operating Lease Arrangements (in thousands)

For the year ended December 31,

Operating Leases

2025

2024

2023

ROU assets

$

76,333

$

80,024

$

76,463

Lease liabilities

105,125

107,502

101,358

Weighted-average remaining lease term

8.4 years

9.1 years

9.8 years

Weighted-average discount rate

4.8%

4.6%

4.0%

Operating Lease Expenses

Single lease costs

$

16,110

$

16,061

$

14,150

Cash paid for amounts included in the measurement of lease liabilities

16,098

14,761

12,406

Right-of-use assets obtained in exchange for new lease obligations

6,056

10,655

16,798