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Leases (Tables) | 9 Months Ended
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Sep. 30, 2023
Leases [Abstract] |
Summary of Lease Costs | The components of lease costs for the three and nine months ended September 30, 2023 and September 30, 2022 are as follows (in thousands):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, 2023 |  |  | September 30, 2022 |  |  | September 30, 2023 |  |  | September 30, 2022 |
Operating lease cost |  | $ | 16,885 |  |  | $ | 16,299 |  |  | $ | 50,639 |  |  | $ | 49,049 |
Short-term lease cost |  |  | 2,823 |  |  |  | 3,858 |  |  |  | 9,882 |  |  |  | 10,948 |
Amortization of right-of-use assets |  |  | 718 |  |  |  | 571 |  |  |  | 1,904 |  |  |  | 1,721 |
Interest on lease liabilities |  |  | 73 |  |  |  | 24 |  |  |  | 171 |  |  |  | 67 |
Sublease income |  |  | (1,186 | ) |  |  | (1,318 | ) |  |  | (3,549 | ) |  |  | (3,321 | )
Total lease cost |  | $ | 19,313 |  |  | $ | 19,434 |  |  | $ | 59,047 |  |  | $ | 58,464 |
Schedule of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases for the nine months ended September 30, 2023 and September 30, 2022 is as follows (in thousands):
|  | Nine Months Ended |
|  | September 30, 2023 |  |  | September 30, 2022 |
Operating cash flows for operating leases |  | $ | 53,040 |  |  | $ | 51,988 |
Operating cash flows for finance leases |  |  | 171 |  |  |  | 67 |
Financing cash flows from finance leases |  |  | 1,865 |  |  |  | 1,580 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  |  | 48,430 |  |  |  | 15,709 |
Right-of-use assets obtained in exchange for new finance lease liabilities |  | $ | 4,470 |  |  | $ | 1,156 |
Schedule of Supplemental Balance Sheet and Other Information Related to Leases | Supplemental balance sheet and other information related to leases as of September 30, 2023 and December 31, 2022 are as follows (in thousands):
|  | September 30, 2023 |  |  | December 31, 2022 |
Operating Leases: |  |  |  |  |  |
Right-of-use assets |  | $ | 158,400 |  |  | $ | 155,090 |
Lease liabilities: |  |  |  |  |  |
Current |  |  | 56,930 |  |  |  | 59,144 |
Long-term |  |  | 119,281 |  |  |  | 111,417 |
Total operating lease liabilities |  | $ | 176,211 |  |  | $ | 170,561 |
Finance Leases: |  |  |  |  |  |
Other noncurrent assets |  | $ | 6,559 |  |  | $ | 3,965 |
Accrued expenses and other current liabilities |  | $ | 2,358 |  |  | $ | 1,746 |
Other long-term liabilities |  | $ | 4,198 |  |  | $ | 2,246 |
Weighted Average Remaining Lease Term: |  |  |  |  |  |
Operating leases |  | 4.0 years |  |  | 3.6 years |
Finance leases |  | 3.0 years |  |  | 2.6 years |
Weighted Average Discount Rate: |  |  |  |  |  |
Operating leases |  |  | 4.0 | % |  |  | 3.4 | %
Finance leases |  |  | 4.2 | % |  |  | 2.8 | %
Schedule of Maturity Analysis of Future Undiscounted Cash Flows | A maturity analysis of the future undiscounted cash flows associated with the Company’s operating and finance lease liabilities as of September 30, 2023 is as follows (in thousands):
|  | Operating Leases |  |  | Finance Leases |
2023 (remaining) |  | $ | 17,404 |  |  | $ | 673 |
2024 |  |  | 58,599 |  |  |  | 2,518 |
2025 |  |  | 45,042 |  |  |  | 2,056 |
2026 |  |  | 28,876 |  |  |  | 1,418 |
2027 |  |  | 16,536 |  |  |  | 314 |
Thereafter |  |  | 24,290 |  |  |  | 4 |
Total lease payments |  |  | 190,747 |  |  |  | 6,983 |
Less: imputed interest |  |  | (14,536 | ) |  |  | (427 | )
Total present value of lease liabilities |  | $ | 176,211 |  |  | $ | 6,556 |

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