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Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Lease Cost
As of the dates indicated, the Company had the following related to operating leases:
As of March 31, 2025As of December 31, 2024
(In thousands)
Right-of-use assets$78,296 $68,393 
Lease liabilities91,875 81,901 
The following table is a summary of the Company’s components of net lease cost for the periods indicated:
Three Months Ended March 31,
20252024
(In thousands)
Operating lease cost$3,968 $3,100 
Finance lease cost123 112 
Variable lease cost818 800 
Total lease cost$4,909 $4,012 
Schedule of Other Information Related to Leases
Supplemental balance sheet information related to operating leases are as follows:
As of March 31, 2025As of December 31, 2024
Weighted-average remaining lease term (in years)8.217.54
Weighted-average discount rate4.38 %4.08 %
Schedule of Future Minimum Lease Payments
The following table sets forth the undiscounted cash flows of base rent related to operating leases outstanding as of March 31, 2025 with payments scheduled over the next five years and thereafter, including a reconciliation to the operating lease liability recognized in other liabilities in the Company’s Consolidated Balance Sheets:
As of March 31, 2025
Year(In thousands)
Remainder of 2025$7,007 
202614,730 
202714,288 
202813,972 
202912,266 
Thereafter51,017 
Total minimum lease payments113,280 
Less: amount representing interest21,405 
Present value of future minimum lease payments$91,875