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COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Components of lease expense

The components of lease expense were as follows:

						Year Ended December 31,
(In thousands)						2023						2022						2021
Finance lease cost
Amortization of right-of-use assets						$	3,845					$	4,612					$	5,731
Interest on lease liabilities						800						808						1,018
Operating lease cost						36,576						36,291						31,730
Short-term lease cost						750						476						628
Variable lease cost						8,449						7,985						5,212
Total lease Cost						$	50,420					$	50,172					$	44,319

Supplemental disclosure of cash flow information related to the Company's cash and non-cash activities with its leases are as follows:

						Year Ended December 31,
(In thousands)						2023						2022						2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases						$	39,301					$	33,448					$	27,461
Operating cash flows from finance leases						783						699						938
Finance cash flows from finance leases						3,569						4,345						5,290
Non-cash investing and financing activities:
Right-of-use assets obtained in exchange for new operating lease liabilities (1)						4,986						24,572						74,369
Right-of-use assets obtained in exchange for new finance lease liabilities						5,443						11,276						5,460
Weighted-average remaining lease term - operating leases (in years)						6.87						7.43						8.33
Weighted-average remaining lease term - finance leases (in years)						2.80						3.27						2.95
Weighted-average discount rate - operating leases						6.59		%				6.37		%				6.11		%
Weighted-average discount rate - finance leases						7.43		%				6.60		%				5.36		%

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(1)    This includes an insignificant amount of right-of-use assets acquired as part of the business combinations described in Note 18 for the years ended December 31, 2023 and 2022, and $39.6 million for the year ended December 31, 2021.

Operating lease maturity

Maturities of operating lease liabilities on an annual basis as of December 31, 2023 were as follows:

(In thousands)
2024						$	39,476
2025						36,660
2026						34,851
2027						34,226
2028						27,901
Thereafter						66,634
Total minimum lease payments						239,748
Imputed interest						(49,299)
Total						$	190,449

Finance lease maturity

Maturities of finance lease liabilities on an annual basis as of December 31, 2023 were as follows (amounts in thousands):

(In thousands)
2024						$	5,044
2025						4,552
2026						2,797
2027						827
2028						—
Thereafter						—
Total minimum lease payments						13,220
Imputed interest						(1,279)
Total						$	11,941

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- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance 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

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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

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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

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