XML 31 R19.htm IDEA: XBRL DOCUMENT v3.25.1
Operating Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Lease Expense and Supplemental Cash Flow Information The following table details the components of lease expense included in operating expenses in the consolidated statements of income during the three months ended March 31, 2025 and 2024 (in thousands):
Three Months Ended
March 31,
20252024
Operating lease expense$34,629 $36,919 
Variable lease expense (1)
4,804 5,021 
Total operating lease expense$39,433 $41,940 

(1)Variable lease costs consist primarily of taxes, insurance and common area or other maintenance costs paid based on actual costs incurred by the lessor and can therefore vary over the lease term.
The following table details supplemental cash flow information related to operating leases for the three months ended March 31, 2025 and 2024 (in thousands):

Three Months Ended
March 31,
20252024
Cash paid for amounts included in the measurement of operating lease liabilities$32,165 $33,439 
Leased assets obtained in exchange for new operating lease liabilities$30,641 $19,924 
Schedule of Maturity of Lease Liabilities
The following table details the maturity of lease liabilities for all operating leases as of March 31, 2025 (in thousands):

Nine months ending December 31, 2025
$91,656 
2026103,788 
202776,703 
202854,487 
202930,223 
Thereafter30,681 
Total$387,538 
Less amount of lease payments representing interest(62,004)
Total present value of lease payments$325,534