v3.24.3
LEASES
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
LEASES LEASES
The components of lease expense (income) of the Company’s operating leases are as follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in thousands)2024202320242023
Operating lease expenses$9,339 $7,278 $24,133 $21,570 
Variable lease costs275 1,022 1,894 2,843 
Short-term lease costs228 108 667 547 
Sublease income(904)(1,276)(2,650)(3,827)
Total lease costs$8,938 $7,132 $24,044 $21,133 
Maturities of the Company’s operating lease liabilities as of September 30, 2024 are as follows:
Maturity of Lease LiabilitiesOperating
(in thousands)Leases
Remainder of 2024$6,361 
202532,553 
202630,361 
202723,945 
202823,175 
Thereafter52,631 
Total lease payments$169,026 
Less: Interest(19,622)
Present value of lease liabilities$149,404 
Other accrued liabilities$25,465 
Long-term operating lease liabilities$123,939 
Weighted-average remaining lease term and discount rate for the Company’s operating leases are as follows:
As of
September 30,December 31,
Lease Term and Discount Rate20242023
Weighted-average remaining lease term (years)6.297.04
Weighted-average discount rate3.99 %3.66 %
Other information related to the Company’s operating leases are as follows:
Other InformationNine Months Ended
September 30,
(in thousands)20242023
Operating cash flows used for operating leases$23,882 $22,918 
Right of use assets obtained in exchange for new
   operating lease liabilities		$26,926 $8,896