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Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Leases on Consolidated Balance Sheet

The Company recorded the following at December 31, 2023 and 2022 on the consolidated balance sheets (in thousands):


Right-of-Use Assets		Balance Sheet Classification		December 31, 2023				December 31, 2022
Finance lease right-of-use assets		Property and equipment, net		$	7,872			$	8,250
Operating lease right-of-use assets		Operating lease right-of-use assets			117,780				135,238
Total				$	125,652			$	143,488

Lease Liabilities		Balance Sheet Classification		December 31, 2023				December 31, 2022
Current:
Finance lease liabilities		Other accrued liabilities		$	990			$	990
Operating lease liabilities		Current portion of operating lease liabilities			26,268				26,463
Noncurrent:
Finance lease liabilities		Other liabilities			10,896				10,858
Operating lease liabilities		Operating lease liabilities			100,808				116,429
Total				$	138,962			$	154,740

Schedule of Weighted-average Remaining Lease Terms and Discount Rates

Weighted-average remaining lease terms and discount rates were as follows at December 31, 2023 and 2022:


		December 31,
		2023				2022
Weighted-average remaining lease term (in years):
Finance			20.9				21.9
Operating			8.1				8.4

Weighted-average discount rate:
Finance			5.1	%			5.1	%
Operating			5.7	%			5.0	%

Schedule of Lease Cost

The Company recorded the following lease costs for the years ended December 31, 2023, 2022 and 2021 (in thousands):


		Year Ended December 31,
		2023				2022				2021
Finance lease costs:
Depreciation of leased assets			378				378				378
Interest of lease liabilities			1,028				1,041				2,174
Total finance lease costs		$	1,406			$	1,419			$	2,552

Operating lease costs			34,400				34,349				28,233
Variable lease costs			3,319				3,129				2,488
Short term lease costs			3,237				2,605				3,257
Other lease costs			5,596				5,379				4,541
Total rents and leases		$	46,552			$	45,462			$	38,519

Total lease costs		$	47,958			$	46,881			$	41,071

Schedule of Undiscounted Cash Flows for Finance and Operating Leases

Undiscounted future cash flows for finance and operating leases recorded on the consolidated balance sheet were as follows at December 31, 2023 (in thousands):


		Finance Leases				Operating Leases
2023		$	1,006			$	32,767
2024			1,089				28,062
2025			1,089				21,578
2026			1,089				14,670
2027			1,089				11,348
Thereafter			20,733				57,375
Total minimum lease payments			26,095				165,800
Less: amount of lease payments representing interest			14,209				38,724
Present value of future minimum lease payments			11,886				127,076
Less: Current portion of lease liabilities			990				26,268
Noncurrent lease liabilities		$	10,896			$	100,808

Schedule of Supplemental Data

Supplemental data for the years ended December 31, 2023, 2022 and 2021 were as follows (in thousands):


		Year Ended December 31,
		2023				2022				2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases		$	34,940			$	33,836			$	27,508
Operating cash flows for finance leases		$	1,028			$	1,041			$	2,174
Financing cash flows for finance leases		$	(38	)		$	(51	)		$	31,136

Right-of-use assets obtained in exchange for lease obligations:
Operating leases		$	14,714			$	31,294			$	63,279
Finance leases		$	—			$	—			$	—