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Leases | 12 Months Ended
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Dec. 31, 2025
Leases [Abstract] |
Leases | The components of lease cost consisted of the following:
|  | Year Ended December 31,
(in thousands) |  | 2025 |  | 2024 |  | 2023
Operating lease cost |  | $ | 108,432 |  |  | $ | 93,653 |  |  | $ | 83,866 |
Variable lease cost |  | 68,242 |  |  | 67,459 |  |  | 65,376 |
Short term lease cost |  | 10,179 |  |  | 10,972 |  |  | 10,117 |
|  | $ | 186,853 |  |  | $ | 172,084 |  |  | $ | 159,359 |
The following table presents supplemental cash flow information related to leases:
|  | Year Ended December 31,
(in thousands) |  | 2025 |  | 2024 |  | 2023
Cash paid for amounts included in the measurement of operating lease liabilities |  | $ | 108,895 |  |  | $ | 98,620 |  |  | $ | 85,793 |
Operating lease liabilities arising from obtaining lease ROU assets(1) |  | $ | 110,028 |  |  | $ | 128,605 |  |  | $ | 83,393 |
(1) Includes amounts added to the carrying amount of lease liabilities resulting from lease modifications and reassessments. The following table presents supplemental balance sheet information related to leases:
|  | As of December 31,
|  | 2025 |  | 2024
Weighted average remaining lease term |  | 6.31 years |  | 5.79 years
Weighted average discount rate |  | 5.14 | % |  | 4.89 | %
The following table presents the future maturities of operating lease liabilities as of December 31, 2025:
(in thousands) |  |
2026 |  | $ | 109,510 |
2027 |  | 97,462 |
2028 |  | 84,637 |
2029 |  | 66,055 |
2030 |  | 52,937 |
Thereafter |  | 152,395 |
Total operating lease payments |  | 562,996 |
Less: imputed interest |  | (85,307) |
Total operating lease liabilities |  | 477,689 |
Less: current operating lease liabilities |  | (88,501) |
Non-current operating lease liabilities |  | $ | 389,188 |
As of December 31, 2025, the Company has additional commitments for operating leases that have not yet commenced of $12.0 million. These leases will commence in 2026 with lease terms of approximately one to ten 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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