XML 24 R14.htm IDEA: XBRL DOCUMENT

Leases

9 Months Ended

Sep. 30, 2023

The Company has commitments under operating leases for certain facilities, vehicles and equipment used in its operations. Cash used in operations for operating leases was not materially different from operating lease expense for the nine months ended September 30, 2023 and 2022. The Company's leases have a weighted average remaining lease term of approximately 5 years. Certain lease agreements contain provisions for future rent increases.

The components of lease expense were as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(In thousands)
Operating lease cost	$	15,901	$	16,407	$	46,483	$	47,131
Variable lease cost	2,501		2,479		8,447		7,131
Total lease cost	$	18,402	$	18,886	$	54,930	$	54,262

Supplemental balance sheet information related to leases was as follows:


	September 30, 2023		December 31, 2022
	(In thousands)
Right of use assets, net	$	165,450	$	170,295
Lease liabilities included in Accrued Liabilities and other	44,932		46,366
Lease liabilities included in Other long-term liabilities	124,462		129,227
Total lease liabilities	$	169,394	$	175,593

Maturities of lease liabilities as of September 30, 2023 were as follows:


Lease Liability Maturity Analysis	Operating Leases
	(In thousands)
Remaining 2023	$	12,834
2024	47,997
2025	38,110
2026	29,112
2027	19,317
Thereafter	40,340
Total lease payments	187,710
Less: imputed interest	18,316
	$	169,394

The Company does not have any significant leases that have not yet commenced.