LEASE COMMITMENTS (Tables)

12 Months Ended

Dec. 31, 2024

The components of lease expense for the years ended December 31, 2024 and 2023 were as follows:


Year Ended December 31,	2024		2023
Operating lease cost	$	20,061	$	20,780

Finance lease cost:
Amortization of right-of-use assets	$	6,803	$	4,662
Interest on lease liabilities	1,192		1,220
Total finance lease cost	$	7,995	$	5,882

Short-term lease and variable lease costs	$	20,149	$	20,509

Supplemental cash flow information related to leases was as follows:


Year Ended December 31,	2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	20,376	$	21,512
Operating cash flows from finance leases	1,289		1,371
Financing cash flows from finance leases	3,054		3,682

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	33,726	$	14,514
Finance leases	1,705		2,746

Supplemental balance sheet information related to leases was as follows:


	December 31, 2024			December 31, 2023
Operating Leases
Operating lease right-of-use assets	$	64,213		$	59,074

Accounts payable, accrued and other liabilities	$	17,015		$	14,056
Operating lease liabilities	49,716			45,267
Total operating lease liabilities	$	66,731		$	59,323

Finance Leases
Property, plant and equipment, gross	$	50,319		$	51,846
Accumulated depreciation	(20,103)			(15,369)
Property, plant and equipment, net	$	30,216		$	36,477

Current maturities of long-term obligations, net of unamortized debt issuance cost	$	3,563		$	3,591
Long-term obligations, net of unamortized debt issuance cost	20,190			22,887
Total finance lease liabilities	$	23,753		$	26,478

Weighted Average Remaining Lease Term (in years)
Operating leases	4.7			3.5
Finance leases	4.9			5.3

Weighted Average Discount Rate
Operating leases	5.77		%	5.52		%
Finance leases	5.12		%	5.05		%

Maturities of lease liabilities as of December 31, 2024, were as follows: