Leases (Tables)

3 Months Ended

Mar. 31, 2025

Leases [Abstract]

Lease Costs and Other Quantitative Information

The following table presents lease costs and other quantitative information for the three months ended March 31:

	2025		2024
Lease Cost:	(dollars in thousands)
Operating lease cost	$	17,118	$	20,946
Variable lease cost	6,007		5,937
Sublease rental income	(2,135)		(2,480)
Total lease cost	$	20,990	$	24,403
Additional information:
Cash paid for amounts included in the measurement of lease liabilities for operating leases
Operating cash flows	$	20,185	$	21,660
Right-of-use lease assets obtained in exchange for operating lease liabilities and other non-cash adjustments	$	1,520	$	5,967

Minimum Future Rental Payments

The following table presents minimum future rental payments under the Company’s leases as of March 31, 2025, and their reconciliation to the corresponding lease liabilities:

	Maturity Analysis
	(dollars in thousands)
2025	$	54,714
2026	62,375
2027	53,918
2028	46,596
2029	42,366
Thereafter	71,271
Total	331,240
Less: Present value discount	(50,527)
Lease liability	$	280,713