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Leases and Other Commitments
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Leases and Other Commitments Leases and Other Commitments
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 six months ended June 30, 2025 and 2024. The Company's leases have a weighted average remaining lease term of approximately six years. Certain lease agreements contain provisions for future rent increases.
The components of lease expense were as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
(In thousands)
Operating lease cost$22,962 $17,797 $43,237 $35,401 
Variable lease cost3,857 3,142 7,202 6,333 
Total lease cost$26,819 $20,939 $50,439 $41,734 
Supplemental balance sheet information related to leases was as follows:
June 30,
2025
December 31,
2024
(In thousands)
Right of use assets, net$245,691 $235,666 
Lease liabilities included in Accrued Liabilities and other55,955 54,736 
Lease liabilities included in Other long-term liabilities200,746 190,017 
Total lease liabilities$256,701 $244,753 
Maturities of lease liabilities as of June 30, 2025 were as follows:
Lease Liability Maturity Analysis
Operating Leases
(In thousands)
Remaining 2025$32,739 
202659,106 
202748,173 
202837,271 
202931,017 
Thereafter93,763 
Total lease payments302,069 
Less: imputed interest45,368 
$256,701 
The Company does not have any significant leases that have not yet commenced.
Other Commitments
In the ordinary course of its business, the Company issues guarantees, stand-by letters of credit and surety bonds to provide financial or performance assurance to third parties on behalf of its consolidated subsidiaries to support or enhance the subsidiary's stand-alone creditworthiness. At June 30, 2025, the maximum amount of future payment obligations relative to these various guarantees was $296.2 million and the outstanding liability under certain of those guarantees was $176.1 million.