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LEASES
12 Months Ended
Dec. 31, 2024
LEASES
2. LEASES
The components of operating lease expense were as follows:
 
Years Ended December 31,
2024
2023
2022
Lease cost
  
$
124,800
   $ 112,195      $ 101,578  
Short-term lease cost
  
10,869
     10,102        10,226  
Variable lease cost
  
1,673
     1,773        1,840  
Sublease income
  
(346
)
 
     (436      (373
  
 
 
    
 
 
    
 
 
 
  
$
136,996
   $ 123,634      $ 113,271  
  
 
 
    
 
 
    
 
 
 
Supplemental balance sheet information related to operating leases were as follows:
 
December 31,
2024
2023
ROU assets
  
$
419,138
  $ 368,748  
Current portion
of operating lease liabilities
  
$
103,978
  $ 95,587  
Operating lease liabilities
  
321,715
    276,913  
  
 
 
   
 
 
 
Total operating
lease liabilities
  
$
425,693
  $ 372,500  
  
 
 
   
 
 
 
Weighted Average Remaining Lease Term
  
5.0 years
    4.8 years  
Weighted Average Discount Rate
  
5.40
    4.91
Supplemental cash flow information related to operating leases were as follows:
 
Years Ended December 31,
2024
2023
2022
Operating cash flows for the measurement of operating lease liabilities
  
$
121,528
   $ 110,614      $ 100,092  
Operating lease ROU assets obtained in exchange for operating lease obligations
  
$
155,223
   $ 148,196      $ 140,704  
At December 31, 2024, maturities of operating lease liabilities over each of the next five years and thereafter were as follows:
 
2025
   $ 124,420  
2026
     109,127  
2027
     82,552  
2028
     62,721  
2029
     43,834  
Thereafter
     66,159  
  
 
 
 
Total lease payments
     488,813  
Less imputed interest
     63,120  
  
 
 
 
Total lease liability
  
$
425,693
  
 
 
 
At December 31,
2024, we had additional operating leases that had not yet commenced. Such leases had estimated future minimum rental commitments of approximately $20,000. These operating leases are expected to commence in 2025 with lease terms of more than 1 year to 10 years. These undiscounted amounts are not included in the table
above.