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Right-of-Use Assets and Lease Liabilities
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Right-of-Use Assets and Lease Liabilities Right-of-Use Assets and Lease Liabilities
The Company has entered into various operating lease agreements for office space and finance lease agreements for data centers, office equipment and furniture.
As of December 31, 2024, the Company had various leased properties with remaining lease terms from 0.1 years to 4.8 years, some of which include options to extend the leases for up to 5.0 years.
During 2023 and 2022, as a result of the office closures described in Note 6, the Company impaired several of its ROU assets related to office leases that would no longer be used to support its ongoing operations. In the years ended December 31, 2023 and 2022, the Company recorded $34.8 million and $97.7 million impairment expense, respectively, related to these office closures, of which $24.8 million and $72.8 million, respectively, related to the ROU assets. The remaining impairment expense related to the associated assets in the property, plant and equipment categories. In the year ended December 31, 2024, there was no impairment expense related to office closures. For the years ended December 31, 2024, 2023 and 2022, the Company did not have significant sublease income related to any of its subleased offices.
Operating lease costs recorded in the accompanying consolidated statements of operations were $25.4 million, $35.7 million and $57.8 million for the years ended December 31, 2024, 2023 and 2022, respectively. Lease costs associated with short-term leases, variable leases and finance leases were not significant.
Supplemental cash flow and other information related to operating leases are as follows:
Year Ended
December 31,
20242023
Operating cash flows paid for amounts included in operating lease liabilities (in thousands)$54,376$65,494
Weighted average remaining lease term (in years)3.64.1
Weighted average discount rate4.6 %4.5 %
Maturities of operating lease liabilities are as follows:
As of December 31, 2024
Year Ended December 31,(In thousands)
2025$38,474 
202635,035 
202727,565 
202822,588 
20295,897 
Total lease payments129,559 
Less: imputed interest(9,999)
Total operating lease obligations119,560 
Less: current obligations(33,685)
Long-term operating lease obligations$85,875