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Leases (Tables)
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Lease Costs The table below presents the Company’s net lease cost and certain other information related to the Company’s leasing activities as of and for the periods indicated (dollars in thousands).
Three Months EndedNine Months Ended
September 30,
September 30,
Description:2025202420252024
Operating lease cost (1)$20,495 $25,446 $68,139 $77,005 
Lease cost (2)4,741 6,785 14,522 17,489 
Sublease income(11,338)(13,366)(33,847)(37,055)
Total lease cost, net (3) (4)$13,898 $18,865 $48,814 $57,439 
Cash paid for amounts included in the measurement of operating lease liabilities$27,236 $33,925 $94,273 $106,761 
Cash receipts from sublease arrangements$11,362 $11,425 $33,442 $34,519 
Right-of-use assets obtained in exchange for new operating lease liabilities$5,741 $2,426 $20,860 $13,161 
(1)Included in operating lease cost was $8.4 million and $9.1 million for the three months ended September 30, 2025 and 2024, respectively, and $25.3 million and $27.5 million for the nine months ended September 30, 2025 and 2024, respectively, for costs related to subleasing activities.
(2)These amounts are primarily variable lease and nonlease costs that are not fixed at the lease commencement date or are dependent on something other than an index or a rate.
(3)The Company did not capitalize any operating lease costs during any of the periods presented.
(4)Amount excludes impairment charges on lease related assets, as discussed below.
Supplemental Balance Sheet Information
The table below indicates where the discounted operating lease payments from the above table are classified in the accompanying Condensed Consolidated Balance Sheets (in thousands).

September 30,December 31,
Description:20252024
Accounts payable and accrued liabilities$93,465 $100,312 
Operating lease liabilities293,536 339,779 
Total operating lease liabilities included in the Condensed Consolidated Balance Sheets$387,001 $440,091