Leases

12 Months Ended

Dec. 31, 2023

We lease office space and equipment under non-cancelable operating leases. See Note 1, “Description of Business and Summary of Significant Accounting Policies” for additional information on our accounting policies for leases. The table below summarizes the carrying amount of our operating lease assets and liabilities:


		December 31,
Leases	Classification	2023		2022
Assets
Operating lease assets	Operating lease assets	$	208,910	$	203,764
Total lease assets		$	208,910	$	203,764
Liabilities
Current
Operating lease liabilities	Accounts payable, accrued expenses and other	$	33,864	$	31,922
Noncurrent
Operating lease liabilities	Noncurrent operating lease liabilities	223,774		221,604
Total lease liabilities		$	257,638	$	253,526

The table below summarizes total lease costs:


	Year Ended December 31,
Lease Cost	2023		2022
Operating lease costs	$	53,136	$	48,550
Short-term lease costs	2,694		2,180
Variable leases and other	12,400		12,125

Total lease cost, net	$	68,230	$	62,855

The maturity analysis below summarizes the remaining future undiscounted cash flows for our operating leases and includes a reconciliation to operating lease liabilities reported on the Consolidated Balance Sheets:


	As of December 31, 2023
2024	$	52,359
2025	47,610
2026	42,822
2027	41,711
2028	32,635
Thereafter	108,852
Total future lease payments	325,989
Less: imputed interest	(68,351)
Total	$	257,638

The table below includes cash paid for our operating lease liabilities, other non-cash information, our weighted average remaining lease term and weighted average discount rate:


	Year Ended December 31,
	2023			2022
Cash paid for amounts included in the measurement of operating lease liabilities	$	55,751		$	51,917

Operating lease assets obtained in exchange for lease liabilities	$	40,346		$	27,876

Weighted average remaining lease term (years)
Operating leases	7.9			8.3

Weighted average discount rate
Operating leases	5.8		%	5.6		%