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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Lease Expense Components and Other Information Related to Leases
The components of lease costs for the year ended December 31, 2024 were as follows (in thousands):
Year Ended December 31,
20242023
Fixed operating lease costs$57,232 $77,659 
Variable operating lease costs22,344 22,555 
Short-term lease costs1,939 3,332 
Sublease income(1,119)(11,933)
Total lease costs$80,396 $91,613 

Other information related to operating leases was as follows:
Year Ended December 31,
20242023
Weighted-average remaining lease term6.2 years7.0 years
Weighted-average discount rate3.75 %3.62 %

Cash flows related to leases were as follows (in thousands):
Year Ended December 31,
20242023
Cash flows from operating activities:
Payments for operating lease liabilities$(74,129)$(93,890)
Supplemental cash flow data:
Right-of-use assets obtained in exchange for operating lease obligations$36,976 $7,106 
Future Minimum Lease Payments under Non-Cancelable Operating Leases
Future minimum lease payments under non-cancelable operating leases (with initial lease terms in excess of one year) as of December 31, 2024 are as follows (in thousands):
2025$65,306 
202663,169 
202758,422 
202854,115 
202948,153 
Thereafter85,662 
Total$374,827 
Less: Amount representing interest40,927 
Less: Lease incentives2,642 
Total$331,258 
Future Minimum Payments under the Purchase Commitments
As of December 31, 2024, the future minimum payments under the purchase commitments were as follows (in thousands):
Payments Due By Period
2025$345,622 
2026263,300 
2027315,100 
Total$924,022