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Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases

Schedule of components for lease expense

Components of lease expense were as follows (in thousands):

​

​	​	​	​	​	​	​	​	​	​
​		​	Fiscal Year
​		​	2024		2023			2022
Operating	​	$	154,233	​	$	145,774	​	$	140,351
Variable	​	​	90,686	​	​	87,047	​		81,585
Short-term	​	​	158	​	​	142	​		116
Total	​	$	245,077	​	$	232,963	​	$	222,052

Schedule of supplemental information related to leases

Supplemental information related to leases (in thousands, except percentages):

​

​	​	​	​	​	​	​	​
​		Fiscal Year					​
​		2024			2023		​
Cash paid for amounts included in the measurement of lease liabilities:	​	​	​	​	​	​	​
Operating cash flows for operating leases	​	$	142,259	​	$	145,836	​
Right-of-use assets obtained in exchange for new operating lease liabilities	​	​	169,831	​	​	114,373	​
Weighted-average remaining lease term — operating leases (in years)	​	​	14.7	​	​	14.9	​
Weighted-average discount rate — operating leases	​	​	5.6	%	​	5.3	%

Schedule of operating lease liabilities maturity

As of December 31, 2024, the maturities of our operating lease liabilities were as follows (in thousands):

​

​	​	​	​
Fiscal year 2025	​	$	161,116
Fiscal year 2026	​		158,269
Fiscal year 2027	​		153,588
Fiscal year 2028	​		162,434
Fiscal year 2029	​	​	146,854
Thereafter	​		1,423,386
Total future lease payments	​	​	2,205,647
Less: Interest	​	​	(749,489)
Present value of lease liabilities	​	$	1,456,158

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- Definition

Tabular disclosure of supplemental cash information relating to leases.

+ References

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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