COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2024

The components of lease expense were as follows:


	Year Ended December 31,
(In thousands)	2024		2023		2022
Finance lease cost
Amortization of right-of-use assets	$	7,311	$	3,845	$	4,612
Interest on lease liabilities	1,406		800		808
Operating lease cost	31,797		36,576		36,291
Short-term lease cost	1,036		750		476
Variable lease cost	9,055		8,449		7,985
Total lease Cost	$	50,605	$	50,420	$	50,172

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)	2024			2023			2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	38,135		$	39,301		$	33,448
Operating cash flows from finance leases	1,359			783			699
Finance cash flows from finance leases	6,827			3,569			4,345
Non-cash investing and financing activities:
Right-of-use assets obtained in exchange for new operating lease liabilities	19,674			4,986			24,572
Right-of-use assets obtained in exchange for new finance lease liabilities	16,425			5,443			11,276
Weighted-average remaining lease term - operating leases (in years)	7.37			6.87			7.43
Weighted-average remaining lease term - finance leases (in years)	2.90			2.80			3.27
Weighted-average discount rate - operating leases	6.54		%	6.59		%	6.37		%
Weighted-average discount rate - finance leases	6.69		%	7.43		%	6.60		%

Maturities of operating lease liabilities on an annual basis as of December 31, 2024 were as follows:


(In thousands)
2025	$	37,400
2026	36,242
2027	35,873
2028	29,703
2029	20,526
Thereafter	76,081
Total minimum lease payments	235,825
Imputed interest	(51,287)
Total	$	184,538

Maturities of finance lease liabilities on an annual basis as of December 31, 2024 were as follows:


(In thousands)
2025	$	8,857
2026	7,262
2027	5,345
2028	1,303
2029	93
Thereafter	129
Total minimum lease payments	22,989
Imputed interest	(2,006)
Total	$	20,983