XML 20 R13.htm IDEA: XBRL DOCUMENT
v3.24.3

Leases | 9 Months Ended
--- | ---
Sep. 30, 2024
Leases [Abstract] |
Leases | 5. Leases Amounts reported on the Company’s Unaudited Condensed Consolidated Balance Sheets for operating leases were as follows:
|  | September 30, 2024 |  |  | December 31, 2023 |
|  | (Amounts in Thousands) |
Operating lease assets, net |  | $ | 44,535 |  |  | $ | 45,433 |
Short-term operating lease liabilities (in accrued expenses) |  |  | 11,155 |  |  |  | 11,339 |
Long-term operating lease liabilities |  |  | 38,608 |  |  |  | 39,711 |
Total operating lease liabilities |  | $ | 49,763 |  |  | $ | 51,050 |
Lease Costs Components of lease costs were reported in general and administrative expenses in the Company’s Unaudited Condensed Consolidated Statements of Income as follows:
|  | For the Three Months Ended September 30, (Amounts in Thousands) |  |  | For the Nine Months Ended September 30, (Amounts in Thousands) |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Operating lease costs |  | $ | 3,393 |  |  | $ | 3,344 |  |  | $ | 10,062 |  |  | $ | 9,678 |
Short-term lease costs |  |  | 167 |  |  |  | 249 |  |  |  | 547 |  |  |  | 949 |
Total lease costs |  |  | 3,560 |  |  |  | 3,593 |  |  |  | 10,609 |  |  |  | 10,627 |
Less: sublease income |  |  | (596 | ) |  |  | (704 | ) |  |  | (1,685 | ) |  |  | (2,104 | )
Total lease costs, net |  | $ | 2,964 |  |  | $ | 2,889 |  |  | $ | 8,924 |  |  | $ | 8,523 |
Lease Term and Discount Rate Weighted average remaining lease terms and discount rates were as follows:
|  | September 30, 2024 |  |  | December 31, 2023 |
Operating leases: |  |  |  |  |  |
Weighted average remaining lease term (years) |  |  | 5.81 |  |  |  | 6.26 |
Weighted average discount rate |  |  | 5.99 | % |  |  | 5.47 | %
Maturity of Lease Liabilities Remaining operating lease payments as of September 30, 2024 were as follows:
|  | Operating Leases |
|  | (Amounts in Thousands) |
Due in the 12-month period ended September 30, |  |  |
2025 |  | $ | 13,786 |
2026 |  |  | 11,097 |
2027 |  |  | 8,506 |
2028 |  |  | 6,322 |
2029 |  |  | 5,722 |
Thereafter |  |  | 14,019 |
Total future minimum rental commitments |  |  | 59,452 |
Less: Imputed interest |  |  | (9,689 | )
Total lease liabilities |  | $ | 49,763 |
Supplemental Cash Flows Information
|  | For the Nine Months Ended September 30, |
|  | (Amounts in Thousands) |
|  | 2024 |  |  | 2023 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 10,925 |  |  | $ | 10,702 |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |  |  |
Operating leases |  | $ | 7,683 |  |  | $ | 15,903 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration