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Leases | 6 Months Ended
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Jun. 30, 2024
Leases [Abstract] |
Leases | Leases The Company has operating leases for corporate and field offices, and certain equipment. The Company’s leases have remaining lease terms of less than 1 year to 11 years, some of which include options to extend the leases for up to 7 years, and some of which include options to terminate the leases within 1 year. Operating lease expense was $21.2 million and $42.4 million for the three and six months ended June 30, 2024, respectively, and $22.5 million and $44.9 million for the three and six months ended June 30, 2023, respectively. Supplemental cash flow information related to leases consisted of the following (in thousands):
| Six Months Ended June 30,
| 2024 |  | 2023
Cash paid for operating lease liabilities | $ | 45,284 |  |  | $ | 48,145 |
Right-of-use assets obtained in exchange for new operating lease liabilities | $ | 40,668 |  |  | $ | 25,914 |
Supplemental balance sheet information related to leases consisted of the following:
| June 30, 2024 |  | December 31, 2023
Weighted average remaining lease term for operating leases | 4.4 years |  | 4.3 years
Weighted average discount rate for operating leases | 3.6 | % |  | 3.2 | %
Future minimum lease payments under non-cancellable leases as of June 30, 2024, were as follows (in thousands):
2024 (excluding the six months ended June 30, 2024) | $ | 44,736 |  |
2025 | 65,792 |  |
2026 | 52,964 |  |
2027 | 34,753 |  |
2028 | 22,386 |  |
Thereafter | 42,915 |  |
Less: Imputed interest | (24,625) |  |
Present value of operating lease liabilities (a) | $ | 238,921 |  |
(a) Includes the current portion of $70.9 million for operating leases. As of June 30, 2024, the Company had additional future minimum lease obligations totaling $11.7 million under executed operating lease contracts that had not yet commenced. These operating leases include agreements for corporate and field office facilities with lease terms of 1 to 11 years.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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