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Leases (Tables) | 12 Months Ended
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Dec. 31, 2024
Leases [Abstract] |
Summary of Lease Costs | The components of lease costs for the years ended December 31, 2024 and December 31, 2023 are as follows (in thousands):
|  | 2024 |  |  | 2023 |
Operating lease cost |  | $ | 64,858 |  |  | $ | 67,181 |
Short-term lease cost |  |  | 17,114 |  |  |  | 13,782 |
Amortization of right-of-use assets |  |  | 3,549 |  |  |  | 2,699 |
Interest on lease liabilities |  |  | 434 |  |  |  | 273 |
Sublease income |  |  | (4,289 | ) |  |  | (4,718 | )
Total lease cost |  | $ | 81,666 |  |  | $ | 79,217 |
Schedule of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases for the years ended December 31, 2024 and December 31, 2023 is as follows (in thousands):
|  | 2024 |  |  | 2023 |
Operating cash flows for operating leases |  | $ | 67,696 |  |  | $ | 71,432 |
Operating cash flows for finance leases |  |  | 434 |  |  |  | 273 |
Financing cash flows for finance leases |  |  | 3,376 |  |  |  | 2,618 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  |  | 36,583 |  |  |  | 62,856 |
Right-of-use assets obtained in exchange for new finance lease liabilities |  | $ | 4,220 |  |  | $ | 6,456 |
Schedule of Supplemental Balance Sheet and Other Information Related to Leases | Supplemental balance sheet and other information related to leases as of December 31, 2024 and December 31, 2023 is as follows (in thousands):
|  | 2024 |  |  | 2023 |
Operating Leases: |  |  |  |  |  |
Right-of-use assets |  | $ | 153,048 |  |  | $ | 159,211 |
Lease liabilities: |  |  |  |  |  |
Current |  | $ | 52,725 |  |  | $ | 58,556 |
Long-term |  |  | 114,386 |  |  |  | 117,505 |
Total operating lease liabilities |  | $ | 167,111 |  |  | $ | 176,061 |
Finance Leases: |  |  |  |  |  |
Other noncurrent assets |  | $ | 9,864 |  |  | $ | 7,779 |
Accrued expenses and other current liabilities |  | $ | 3,645 |  |  | $ | 2,682 |
Other long-term liabilities |  | $ | 6,441 |  |  | $ | 5,129 |
Weighted Average Remaining Lease Term: |  |  |  |  |  |
Operating leases |  | 3.9 Years |  |  | 3.9 Years |
Finance leases |  | 2.8 Years |  |  | 3.1 years |
Weighted Average Discount Rate: |  |  |  |  |  |
Operating leases |  |  | 4.5 | % |  |  | 4.2 | %
Finance leases |  |  | 5.0 | % |  |  | 4.6 | %
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 December 31, 2024 is as follows (in thousands):
|  | Operating Leases |  |  | Finance Leases |
2025 |  | $ | 59,839 |  |  | $ | 4,217 |
2026 |  |  | 42,669 |  |  |  | 3,492 |
2027 |  |  | 29,744 |  |  |  | 2,236 |
2028 |  |  | 24,383 |  |  |  | 933 |
2029 |  |  | 18,341 |  |  |  | 92 |
Thereafter |  |  | 7,682 |  |  |  | - |
Total lease payments |  |  | 182,658 |  |  |  | 10,970 |
Less: imputed interest |  |  | (15,547 | ) |  |  | (884 | )
Total present value of lease liabilities |  | $ | 167,111 |  |  | $ | 10,086 |

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- Definition 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 + Details
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