LEASES (Tables)

12 Months Ended

Dec. 31, 2024

The components of lease expense were as follows:


	Year Ended
(In thousands)	December 31, 2024		December 31, 2023
Operating lease cost	$	47,256	$	44,322

Finance lease cost:
Amortization of right of use assets	$	1,037	$	1,037
Interest on lease liabilities	299		347
Total finance lease cost	$	1,336	$	1,384

Supplemental cash flow information related to leases was as follows:


	Year Ended
(In thousands)	December 31, 2024		December 31, 2023
Cash used for operating activities:
Operating cash flows used for operating leases	$	(38,590)	$	(36,294)
Operating cash flows used for finance leases	(299)		(347)
Non-cash activity:
Right-of-use assets obtained in exchange for operating lease obligations	$	21,831	$	14,361

Supplemental balance sheet information related to leases was as follows:


	As of December 31,
(In thousands, except lease term and discount rate)	2024			2023
Operating Leases
Operating lease right-of-use assets, net	$	169,350		$	141,435

Other current liabilities	$	29,772		$	30,629
Long-term operating lease liability	148,175			118,611
Total operating lease liabilities	$	177,947		$	149,240

Finance Leases
Property, plant, and equipment	$	15,561		$	15,561
Accumulated amortization	(10,719)			(9,682)
Property, plant, and equipment, net	$	4,842		$	5,879

Other current liabilities	$	1,269		$	1,181
Other liabilities	5,473			6,742
Total finance lease liabilities	$	6,742		$	7,923

Weighted average remaining lease term
Operating leases	7.6 years			7.2 years
Finance leases	4.7 years			5.7 years
Weighted average discount rate
Operating leases	4.37		%	3.99		%
Finance leases	4.05		%	4.05		%

Maturities of lease liabilities were as follows:

Maturities of lease liabilities were as follows: