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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Future Minimum Lease Payments under Operating Leases

Future minimum lease payments under operating leases that have initial noncancelable lease terms in excess of one year were as follows (in thousands):

 

2024

 

$

38,943

 

2025

 

 

27,638

 

2026

 

 

24,945

 

2027

 

 

22,842

 

2028

 

 

18,318

 

Thereafter

 

 

79,755

 

Total lease payments

 

 

212,441

 

Less: imputed interest

 

 

(40,290

)

Operating lease liabilities

 

$

172,151

 

 

Lease, Cost [Table Text Block]

The following table summarizes lease costs (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Operating lease cost

 

$

42,821

 

 

$

42,319

 

 

$

40,786

 

Variable lease cost

 

 

2,376

 

 

 

1,780

 

 

 

1,793

 

Short-term lease cost

 

 

30,005

 

 

 

25,365

 

 

 

17,914

 

Sublease income

 

 

(3,223

)

 

 

(305

)

 

 

(1,032

)

Total lease cost

 

$

71,979

 

 

$

69,159

 

 

$

59,461

 

Operating Leases, Weighted Average Discount Rate and Remaining Lease Term

The following table summarizes other supplemental information about the Company’s operating leases:

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Weighted average discount rate

 

 

4.4

%

 

 

4.1

%

 

 

3.8

%

Weighted average remaining lease term

 

9 years

 

 

9 years

 

 

9 years