LEASES (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Operating and Finance Leases

The balances for the operating and finance leases where the Company is the lessee are presented as follows within the Company’s consolidated balance sheets (in thousands):

	December 31, 2023		December 31, 2022
Operating leases:
Right-of-use assets	$	221,508	$	215,160
Other current liabilities	$	28,431	$	11,269
Other long-term liabilities	244,122		243,843
Total operating lease liabilities	$	272,553	$	255,112
Finance leases:
Property, plant and equipment, net	$	85,055	$	90,386
Total finance lease assets	$	85,055	$	90,386
Finance lease liabilities, current portion	$	8,202	$	10,586
Finance lease liabilities, net of current portion	77,653		81,336
Total finance lease liabilities	$	85,855	$	91,922

Schedule of Lease Cost

The components of lease expense were as follows within the Company’s consolidated statements of operations and comprehensive loss (in thousands):

	Year Ended December 31,
	2023		2022		2021
Operating lease expense:
Operating lease expense (1)	$	55,307	$	44,617	$	31,097
Variable lease expense	1,770		1,712		2,406
Finance lease expense:
Amortization of leased assets	$	5,252	$	4,812	$	3,020
Interest on lease liabilities	4,867		2,453		460
Total finance lease expense	$	10,119	$	7,265	$	3,480
Total lease expense	$	67,196	$	53,594	$	36,983

(1) Excluded short-term leases, which were not material.

Other information related to leases where the Company is the lessee was as follows:

	December 31, 2023		December 31, 2022
Weighted-average remaining lease term (in years):
Operating leases	6.8		7.6
Finance leases	2.6		3.5
Weighted-average discount rate:
Operating leases	11.01	%	10.52	%
Finance leases	5.59	%	5.57	%

Supplemental cash flow information related to leases where the Company is the lessee was as follows (in thousands):

	Year Ended December 31,
	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	44,965	$	15,482	$	10,019
Operating cash flows from finance leases (interest payments)	5,430		509		460
Financing cash flows from finance leases	5,425		4,977		3,088
Leased assets obtained in exchange for new operating lease liabilities	32,558		73,502		84,078
Leased assets obtained in exchange for new finance lease liabilities	—		84,392		9,693

Schedule of Operating Lease Maturity

As of December 31, 2023, the maturities of the Company’s operating and finance lease liabilities (excluding short-term leases) were as follows (in thousands):

	Operating Leases		Finance Leases
2024	$	56,847	$	8,340
2025	62,261		6,619
2026	59,146		82,488
2027	51,331		117
2028	47,464		37
Thereafter	120,441		—
Total minimum lease payments	397,490		97,601
Less: Interest	(124,937)		(11,746)
Present value of lease obligations	272,553		85,855
Less: Current portion	(28,431)		(8,202)
Long-term portion of lease obligations	$	244,122	$	77,653

Schedule of Finance Lease Maturity

As of December 31, 2023, the maturities of the Company’s operating and finance lease liabilities (excluding short-term leases) were as follows (in thousands):

	Operating Leases		Finance Leases
2024	$	56,847	$	8,340
2025	62,261		6,619
2026	59,146		82,488
2027	51,331		117
2028	47,464		37
Thereafter	120,441		—
Total minimum lease payments	397,490		97,601
Less: Interest	(124,937)		(11,746)
Present value of lease obligations	272,553		85,855
Less: Current portion	(28,431)		(8,202)
Long-term portion of lease obligations	$	244,122	$	77,653