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LEASES (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Supplemental Lease Balance Sheet Information The following table presents the Company's finance lease balances and their classification on the consolidated balance sheets (in thousands):
Finance Lease Balances (Classification)December 31, 2024December 31, 2023
ROU assets (Property, plant and equipment, net)$182,532 $126,292 
Current portion of lease liabilities (Accrued expenses and other current liabilities)25,330 16,975 
Long-term portion of lease liabilities (Other long-term liabilities)161,375 113,486 
Schedule of Lease Expense and Other Information
The Company’s lease expense was as follows (in thousands):
For the years ended December 31,
202420232022
Operating lease cost$81,688 $69,156 $59,041 
Finance lease cost:
Amortization of ROU assets25,985 17,183 13,239 
Interest on lease liabilities7,066 4,051 3,011 
Total finance lease cost33,051 21,234 16,250 
Short-term lease cost199,516 167,379 158,736 
Variable lease cost5,187 4,887 4,353 
Total lease cost$319,442 $262,656 $238,380 
Other information related to leases was as follows:
Weighted Average Remaining Lease Term (years)December 31, 2024December 31, 2023
Operating leases4.33.8
Finance leases6.87.1
Weighted Average Discount RateDecember 31, 2024December 31, 2023
Operating leases5.20 %4.68 %
Finance leases4.84 %3.96 %
For the years ended December 31,
Supplemental Cash Flow Related Disclosures (in thousands)202420232022
Cash paid for amounts related to lease liabilities:
Operating cash flows from operating leases$84,932 $71,185 $61,014 
Operating cash flows from finance leases7,066 4,051 3,011 
Financing cash flows from finance leases30,886 15,937 12,821 
ROU assets obtained in exchange for operating lease liabilities123,938 82,392 58,230 
ROU assets obtained in exchange for finance lease liabilities78,455 47,238 29,205 
Schedule of Operating Lease Maturity
At December 31, 2024, the Company's future lease payments under non-cancelable leases that have lease terms in excess of one year were as follows (in thousands):
Years ending December 31,December 31, 2024
Operating LeasesFinance Leases
2025$82,873 $36,230 
202666,702 35,228 
202754,242 35,217 
202837,291 31,244 
202920,357 27,084 
Thereafter25,064 58,522 
Total future lease payments286,529 223,525 
Amount representing interest(31,983)(36,820)
Total lease liabilities$254,546 $186,705 
Schedule of Finance Lease Maturity
At December 31, 2024, the Company's future lease payments under non-cancelable leases that have lease terms in excess of one year were as follows (in thousands):
Years ending December 31,December 31, 2024
Operating LeasesFinance Leases
2025$82,873 $36,230 
202666,702 35,228 
202754,242 35,217 
202837,291 31,244 
202920,357 27,084 
Thereafter25,064 58,522 
Total future lease payments286,529 223,525 
Amount representing interest(31,983)(36,820)
Total lease liabilities$254,546 $186,705