Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Right-of-use asset and lease liabilities

The following table presents information about lease costs and expenses and sublease income for the years ended December 31, 2024 and 2023 (in thousands). The amounts below, with the exception of interest on lease liabilities, are included in cost of net revenue in the accompanying consolidated statements of operations for the periods presented. The interest on lease liabilities is included in interest expense, net in the accompanying consolidated statements of operations for the periods presented.

	Year Ended December 31,
	2024		2023		2022
Operating lease costs	$	44,667	$	38,365	$	37,822
Finance lease costs:
Amortization of ROU assets	$	11,100	$	5,761	$	8,246
Interest on lease liabilities	$	2,361	$	1,058	$	—
Other lease costs and income:
Variable leases costs (1)	$	24,127	$	20,769	$	17,758
Sublease income	$	730	$	1,427	$	1,380

(1)Amounts represent variable costs incurred that were not included in the initial measurement of the lease liability such as common area maintenance and utilities costs associated with leased real estate.

Weighted average remaining lease terms and discount rates

The following table provides the weighted average remaining lease terms and weighted average discount rates for the Company’s leases as of December 31, 2024 and 2023:

	December 31,
	2024		2023
Weighted average remaining lease term, weighted based on lease liability balances:
Operating leases	5.2 years		5.6 years
Finance leases	3.1 years		3.6 years
Weighted average discount rate, weighted based on remaining balance of lease payments:
Operating leases	4.9	%	4.4	%
Finance leases	6.9	%	6.7	%

Undiscounted amount of future cash flows

The following table provides the undiscounted amount of future cash flows related to the Company's operating and finance leases, as well as a reconciliation of such undiscounted cash flows to the amounts included in the Company’s lease liabilities as of December 31, 2024 (in thousands):

	Operating Leases		Finance Leases
2025	$	33,978	$	16,509
2026	27,411		13,715
2027	19,277		10,015
2028	15,035		2,765
2029	9,809		30
Thereafter	20,728		—
Total future undiscounted leases payments	$	126,238	$	43,034
Less: amount representing interest	(16,018)		(4,089)
Present value of future lease payments (lease liability)	$	110,220	$	38,945

Cash flow and supplemental non-cash information

The following table provides certain cash flow and supplemental non-cash information related to the Company's lease liabilities for the years ended December 31, 2024 and 2023 (in thousands):

	Year Ended December 31,
	2024		2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash payments for operating leases	$	40,392	$	38,328	$	37,486
Financing cash payments for finance leases	$	9,865	$	6,769	$	16,176
Lease liabilities arising from obtaining right-of-use assets:
Operating leases	$	35,871	$	22,000	$	22,543
Finance leases	$	17,871	$	32,101	$	5,423