Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Summary of Lease Costs

The components of lease costs for the three and six months ended June 30, 2024 and June 30, 2023 are as follows (in thousands):

	Three Months Ended						Six Months Ended
	June 30, 2024			June 30, 2023			June 30, 2024			June 30, 2023
Operating lease cost	$	16,885		$	17,129		$	33,562		$	33,754
Short-term lease cost		3,780			3,396			7,432			7,059
Amortization of right-of-use assets		835			670			1,612			1,186
Interest on lease liabilities		104			65			198			98
Sublease income		(1,119	)		(1,239	)		(2,238	)		(2,363	)
Total lease cost	$	20,485		$	20,021		$	40,566		$	39,734

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases for the three months ended June 30, 2024 and June 30, 2023 is as follows (in thousands):

	Six Months Ended
	June 30, 2024		June 30, 2023
Operating cash flows for operating leases	$	34,189	$	35,076
Operating cash flows for finance leases		198		98
Financing cash flows from finance leases		1,536		1,166
Right-of-use assets obtained in exchange for new operating lease liabilities		6,400		43,398
Right-of-use assets obtained in exchange for new finance lease liabilities	$	2,506	$	3,412

Schedule of Supplemental Balance Sheet and Other Information Related to Leases

Supplemental balance sheet and other information related to leases as of June 30, 2024 and December 31, 2023 are as follows (in thousands):

	June 30, 2024			December 31, 2023
Operating Leases:
Right-of-use assets	$	136,169		$	159,211
Lease liabilities:
Current		52,840			58,556
Long-term		98,152			117,505
Total operating lease liabilities	$	150,992		$	176,061
Finance Leases:
Other noncurrent assets	$	8,704		$	7,779
Accrued expenses and other current liabilities	$	3,206		$	2,682
Other long-term liabilities	$	5,649		$	5,129
Weighted Average Remaining Lease Term:
Operating leases	3.7 Years			3.9 years
Finance leases	3 Years			3.1 years
Weighted Average Discount Rate:
Operating leases		4.3	%		4.2	%
Finance leases		4.8	%		4.6	%

Schedule of Maturity Analysis of Future Undiscounted Cash Flows

A maturity analysis of the future undiscounted cash flows associated with the Company’s operating and finance lease liabilities as of June 30, 2024 is as follows (in thousands):

	Operating Leases			Finance Leases
2024 (remaining)	$	31,387		$	1,817
2025		49,993			3,235
2026		33,356			2,580
2027		20,033			1,400
2028		15,319			466
Thereafter		13,394			8
Total lease payments		163,482			9,506
Less: imputed interest		(12,490	)		(651	)
Total present value of lease liabilities	$	150,992		$	8,855