Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Lease Costs and Other Quantitative Information

The following table presents lease costs and other quantitative information for the three and nine months ended September 30, 2023 and 2022:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Lease Cost:	(dollars in thousands)
Operating lease cost	$	19,029	$	19,966	$	57,557	$	54,929
Variable lease cost	5,517		4,759		15,735		13,963
Sublease rental income	(1,903)		(3,636)		(7,519)		(11,128)
Total lease cost	$	22,643	$	21,089	$	65,773	$	57,764
Additional information:
Cash paid for amounts included in the measurement of lease liabilities for operating leases
Operating cash flows	$	22,823	$	22,694	$	67,095	$	69,827
Right-of-use lease assets obtained in exchange for operating lease liabilities and other non-cash adjustments	$	8,145	$	5,189	$	14,681	$	27,878

Minimum Future Rental Payments

The following table presents minimum future rental payments under the Company’s leases as of September 30, 2023 and their reconciliation to the corresponding lease liabilities:

	Maturity Analysis
	(dollars in thousands)
Remaining 2023	$	20,220
2024	79,852
2025	63,117
2026	51,672
2027	47,110
Thereafter	139,394
Total	401,365
Less: Present value discount	(62,105)
Lease liability	$	339,260