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LEASES (Tables)
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Lease Expense, Remaining Lease Terms, Discount Rate and Other Information
Information regarding lease expense, remaining lease term, discount rate, and other select lease information are presented below (dollars in thousands):
Three Months Ended June 30,Six Months Ended June 30,
Lease Costs2024202320242023
Operating lease expense(1)
$26,793 $24,773 $52,430 $49,426 
Short-term lease expense1,521 1,486 2,683 2,900 
Total lease expense$28,314 $26,259 $55,113 $52,326 
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(1) Operating lease expense for the three and six months ended June 30, 2024, includes $3.9 million of restructuring charges related to rationalization of our facilities footprint including the early termination or abandonment of select office buildings under operating leases. Refer to Note 13, Restructuring, for further discussion related to our 2024 Restructuring Program.
Six Months Ended June 30,
Other Lease Information20242023
Operating cash flows from operating leases$48,649 $47,360 
Right-of-use lease assets obtained in exchange for new lease liabilities46,526 14,204 
Lease Term and Discount RateAs of June 30, 2024As of December 31, 2023
Weighted average remaining lease term (in years)5.85.9
Weighted average discount rate4.1 %3.9 %
Schedule of Maturity of Lease Liabilities
The maturities of lease liabilities as of June 30, 2024, were as follows (in thousands):
Maturity of Lease LiabilitiesOperating Leases
Remaining 2024$40,854 
202590,514 
202677,195 
202761,100 
202845,774 
Thereafter107,249 
Total lease payments422,686 
Less: Interest(48,999)
Present value of lease liabilities$373,687