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Operating Leases (Tables)
3 Months Ended
Mar. 31, 2023
Lessee Disclosure [Abstract]  
Schedule of Net Lease Cost

The table below summarizes our net lease cost for the three months ended March 31, 2023 and 2022 (in thousands):

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

Operating lease cost

 

$

26,429

 

 

$

26,731

 

Short-term lease cost

 

 

330

 

 

 

218

 

Variable lease cost

 

 

1,113

 

 

 

399

 

Sublease income

 

 

(289

)

 

 

(615

)

Net lease cost

 

$

27,583

 

 

$

26,733

 

The table below summarizes other information related to our operating leases as of and for the three months ended March 31, 2023 (in thousands):

Operating lease cash flows

 

$

27,383

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

6,443

 

Weighted-average remaining lease term (years)

 

 

11.0

 

Weighted-average discount rate

 

 

4.05

%

Schedule of Information About Operating Lease Liabilities

The table below presents information about operating lease liabilities as of March 31, 2023, (in thousands, except percentages).

Remainder of 2023

 

$

78,490

 

2024

 

 

102,664

 

2025

 

 

97,700

 

2026

 

 

97,885

 

2027

 

 

96,480

 

Thereafter

 

 

527,538

 

Total undiscounted lease payments

 

 

1,000,757

 

Imputed interest

 

 

(207,345

)

Total operating lease liabilities

 

$

793,412