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Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Consolidated Balance Sheet Information Related to Leases
(in thousands)December 31,
Presentation and Classification:20252024
OperatingCurrentPrepaid expenses and other current assets$92 $80 
OperatingNon-currentOther assets83,910 80,768 
FinanceNon-current
Property and equipment, net(1)
41,317 61,827 
Total right-of-use assets$125,319 $142,675 
OperatingCurrentAccrued expenses and other current liabilities$16,841 $18,811 
FinanceCurrentCurrent maturities of long-term debt22,674 25,593 
OperatingNon-currentOther liabilities81,290 77,884 
FinanceNon-currentLong-term debt25,091 43,849 
Total lease liabilities$145,896 $166,137 
_________________
(1) Finance lease right-of-use assets are recorded net of accumulated depreciation which was approximately $87 million and $66 million as of December 31, 2025 and 2024, respectively.
Schedule of Lease Cost
Years Ended December 31,
(in thousands)
202520242023
Operating lease cost$24,875 $27,615 $31,756 
Finance lease cost:
Amortization of right-of-use assets22,210 21,661 14,432 
Interest on lease liabilities3,302 4,528 2,466 
Variable lease costs39,884 35,017 36,273 
Total lease cost$90,271 $88,821 $84,927 
Supplementary Cash Flow Information
The following table summarizes supplementary cash flow information and material non-cash investing and financing transactions, excluding leases (refer to Note 14 “Leases”):
Years Ended December 31,
(in thousands)202520242023
Interest paid, net of interest income received(1)
$409,415 $372,036 $522,775 
Payments (refunds) on income taxes, net(2)
$142,168 $21,700 $60,296 
Forward share repurchase contract(3)
$— $104,175 $— 
___________________
(1)Includes interest on finance leases (refer to Note 14 “Leases”) and interest rate swaps (refer to Note 8 “Derivative Financial Instruments”).
(2)Refer to Note 9 “Income Taxes” for disclosures on income taxes paid as a result of the adoption of ASU 2023-09, which the Company adopted on a prospective basis.
(3)In December 2024, the Company entered into an agreement with a non-affiliate individual to repurchase 15 million shares of Common Stock at a price per share of $6.95, which settled in January 2025 (refer to Note 10 “Equity”). The Company recorded a liability and a reduction to additional paid-in capital as of December 31, 2024.
Income Taxes Paid (Net of Refunds Received)
Year Ended December 31,
(in thousands)2025
Federal$105,500 
State35,259 
Foreign1,409 
Total (1)
$142,168 
___________________
(1)The Company adopted ASU 2023-09, effective January 1, 2025, on a prospective basis, which is reflected in the table above.
Cash Flow and Supplemental Information(1)
Years Ended December 31,
(in thousands)
202520242023
Cash paid for amounts included in the measurement of lease liabilities
Operating leases:
Operating cash flows$27,640 $23,574 $42,883 
Finance Leases:
Operating cash flows$3,302 $4,686 $4,940 
Financing cash flows$30,209 $29,023 $43,733 
Right-of-use assets obtained in exchange for lease obligations
Operating leases$22,857 $20,127 $41,338 
Finance leases$12,868 $35,451 $79,273 
__________________
(1)Includes both continuing and discontinued operations as applicable.
Schedule of Operating and Finance Lease Weighted Average Lease Term and Discount Rate
December 31,
20252024
Weighted-average remaining lease term (years):
Operating leases5.45.4
Finance leases2.22.7
Weighted-average discount rate:
Operating leases6.2 %6.2 %
Finance leases6.2 %6.1 %
Schedule of Operating and Finance Lease, Liability, Maturity
December 31, 2025
(in thousands)
Operating LeasesFinance Leases
2026$20,026 $26,836 
202724,653 17,851 
202821,334 4,675 
202916,592 1,296 
203011,723 
Thereafter23,624 — 
Total lease payments (including interest)$117,952 $50,666 
Less interest19,821 2,901 
Total$98,131 $47,765