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Leases (Tables) | 3 Months Ended
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Mar. 31, 2024
Leases [Abstract] |
Lease, Cost | Further information relating to operating lease expense and other operating lease information are as follows:
| For the Three Months Ended March 31, |  |
(In thousands) | 2024 |  | 2023 |  |  |  |
Leases: |  |  |  |  |  |  |
Lease cost | $ | 11,077 |  |  | $ | 10,188 |  |  |  |  |
Cash paid for amounts included in the measurement of lease liabilities reported in operating cash flows | $ | 12,232 |  |  | $ | 10,563 |  |  |  |  |
Right-of-use assets obtained in exchange for new lease liabilities | $ | 24,695 |  |  | $ | 5,313 |  |  |  |  |
Supplemental Balance Sheet Information |
| As of March 31,
($ in thousands) | 2024 |  | 2023
Right-of-use assets | $ | 191,720 |  | $ | 164,547
Lease liabilities | $ | 233,114 |  | $ | 199,225
Weighted-average remaining lease term | 7.6 years |  | 7.1 years
Weighted-average discount rate | 5.44 | % |  | 4.49 | %
Maturities of Operating Lease Liabilities | Contractual maturities of the Company’s future minimum lease payments are as follows:
(In thousands) | March 31, 2024 |  |  |
Contractual Maturities: |  |  |  |
2024 | $ | 38,862 |  |  |  |
2025 | 44,402 |  |  |  |
2026 | 37,499 |  |  |  |
2027 | 28,341 |  |  |  |
2028 | 26,760 |  |  |  |
Thereafter | 104,223 |  |  |  |
Total undiscounted future minimum lease payments | 280,087 |  |  |  |
Less: Discount impact | 46,973 |  |  |  |
Total lease liability | $ | 233,114 |  |  |  |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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- Definition Assets And Liabilities, Lessee [Table Text Block] + References No definition available. + Details
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