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Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Lease Cost
As of the dates indicated, the Company had the following related to operating leases:
As of June 30, 2025As of December 31, 2024
(In thousands)
Right-of-use assets$75,720 $68,393 
Lease liabilities89,349 81,901 
The following table is a summary of the Company’s components of net lease cost for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
(In thousands)
Operating lease cost$4,025 $2,758 $7,993 $5,858 
Finance lease cost119 112 242 224 
Variable lease cost657 620 1,475 1,420 
Total lease cost$4,801 $3,490 $9,710 $7,502 
Schedule of Other Information Related to Leases
Supplemental balance sheet information related to operating leases are as follows:
As of June 30, 2025As of December 31, 2024
Weighted-average remaining lease term (in years)8.117.54
Weighted-average discount rate4.35 %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 June 30, 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 June 30, 2025
Year(In thousands)
Remainder of 2025$3,139 
202614,764 
202714,358 
202814,067 
202912,311 
Thereafter51,063 
Total minimum lease payments109,702 
Less: amount representing interest20,353 
Present value of future minimum lease payments$89,349