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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Schedule of Assets and Liabilities, Lessee | The following table provides information on the amounts (in thousands, except lease term and discount rates) of our ROU assets and liabilities as of December 31, 2023 and 2022 and their placement within our consolidated balance sheets:
Lease type |  | Balance Sheet Location |  | December 31, 2023 |  | December 31, 2022
Assets |  |  |  |  |  |
Finance |  | Property, plant, and equipment |  | $ | 28,264 |  |  | $ | 21,150 |
Finance |  | Accumulated amortization |  | (12,212) |  |  | (10,308) |
Finance |  | Property, plant, and equipment, net |  | 16,052 |  |  | 10,842 |
Operating |  | Operating lease right-of-use assets |  | 346,454 |  |  | 350,761 |
Total right-of-use assets |  | $ | 362,506 |  |  | $ | 361,603 |
Liabilities |  |  |  |  |  |
Current |  |  |  |  |  |
Finance |  | Other accrued liabilities |  | $ | 1,820 |  |  | $ | 1,782 |
Operating |  | Operating lease liabilities |  | 72,833 |  |  | 66,081 |
Long-term |  |  |  |  |  |
Finance |  | Finance lease liabilities |  | 12,438 |  |  | 6,311 |
Operating |  | Operating lease liabilities |  | 282,517 |  |  | 292,701 |
Total lease liabilities |  |  |  | $ | 369,608 |  |  | $ | 366,875 |
Weighted-average remaining lease term (in years) |  |  |  |
Finance |  |  |  | 11.02 |  | 5.60
Operating |  |  |  | 8.67 |  | 9.00
Weighted-average discount rate |  |  |  |
Finance |  |  |  | 8.04 | % |  | 7.38 | %
Operating |  |  |  | 7.24 | % |  | 7.10 | %
Schedule of Lease, Cost | The following table summarizes the lease costs recognized in our consolidated statements of operations (in thousands):
|  |  |  |  |  | Year Ended December 31,
Lease cost type |  |  |  |  |  |  |  | 2023 |  | 2022 |  | 2021
Finance lease cost |  |  |  |  |  |  |  |  |  |  |  |
Amortization of finance lease ROU assets |  |  |  |  |  |  |  | $ | 1,906 |  |  | $ | 1,917 |  |  | $ | 1,913 |
Interest on lease liabilities |  |  |  |  |  |  |  | 636 |  |  | 619 |  |  | 655 |
Operating lease cost |  |  |  |  |  |  |  | 98,928 |  |  | 89,591 |  |  | 91,882 |
Variable lease cost |  |  |  |  |  |  |  | 9,246 |  |  | 5,478 |  |  | 6,716 |
Short-term lease cost |  |  |  |  |  |  |  | 13,500 |  |  | 8,575 |  |  | 1,013 |
Net lease cost |  |  |  |  |  |  |  | $ | 124,216 |  |  | $ | 106,180 |  |  | $ | 102,179 |
Operating lease income (1) |  |  |  |  |  |  |  | $ | (14,908) |  |  | $ | (11,030) |  |  | $ | (3,149) |
_________________________________________________________ (1)At December 31, 2023 and 2022, Property, plant, and equipment, net associated with leased assets was approximately $9.5 million and $9.2 million, respectively. The majority of our lessor income comes from leases with lease terms of one year or less and the estimated future undiscounted cash flows from lessor income are not expected to be material. The following table summarizes the supplemental cash flow information related to leases as follows (in thousands):
|  |  |  | Year Ended December 31,
Lease type |  |  |  | 2023 |  | 2022 |  | 2021
Cash paid for amounts included in the measurement of liabilities |  |  |  |  |  |  |  |
Financing cash flows from finance leases |  |  |  | $ | 1,693 |  |  | $ | 1,620 |  |  | $ | 1,914 |
Operating cash flows from finance leases |  |  |  | 631 |  |  | 614 |  |  | 658 |
Operating cash flows from operating leases |  |  |  | 98,416 |  |  | 85,681 |  |  | 89,677 |
Non-cash supplemental amounts |  |  |  |  |  |  |  |
ROU assets obtained in exchange for new finance lease liabilities |  |  |  | 7,896 |  |  | 594 |  |  | 1,936 |
ROU assets obtained in exchange for new operating lease liabilities |  |  |  | 72,219 |  |  | 64,567 |  |  | 97,011 |
ROU assets terminated in exchange for release from finance lease liabilities |  |  |  | — |  |  | — |  |  | — |
ROU assets terminated in exchange for release from operating lease liabilities |  |  |  | 1,439 |  |  | 32,902 |  |  | 6,847 |
Schedule of Lessee, Operating Lease, Liability, Maturity | The table below includes the estimated future undiscounted cash flows for finance and operating leases as of December 31, 2023 (in thousands):
For the year ending December 31, |  | Finance leases |  | Operating leases |  | Total
2024 |  | $ | 3,414 |  |  | $ | 93,583 |  |  | $ | 96,997 |
2025 |  | 2,668 |  |  | 63,897 |  |  | 66,565 |
2026 |  | 2,222 |  |  | 57,383 |  |  | 59,605 |
2027 |  | 2,027 |  |  | 56,067 |  |  | 58,094 |
2028 |  | 1,206 |  |  | 52,023 |  |  | 53,229 |
Thereafter |  | 9,856 |  |  | 134,526 |  |  | 144,382 |
Total lease payments |  | 21,393 |  |  | 457,479 |  |  | 478,872 |
Less amount representing interest |  | (7,135) |  |  | (102,129) |  |  | (109,264) |
Present value of lease liabilities |  | $ | 14,258 |  |  | $ | 355,350 |  |  | $ | 369,608 |
Schedule of Finance Lease, Liability, Maturity | The table below includes the estimated future undiscounted cash flows for finance and operating leases as of December 31, 2023 (in thousands):
For the year ending December 31, |  | Finance leases |  | Operating leases |  | Total
2024 |  | $ | 3,414 |  |  | $ | 93,583 |  |  | $ | 96,997 |
2025 |  | 2,668 |  |  | 63,897 |  |  | 66,565 |
2026 |  | 2,222 |  |  | 57,383 |  |  | 59,605 |
2027 |  | 2,027 |  |  | 56,067 |  |  | 58,094 |
2028 |  | 1,206 |  |  | 52,023 |  |  | 53,229 |
Thereafter |  | 9,856 |  |  | 134,526 |  |  | 144,382 |
Total lease payments |  | 21,393 |  |  | 457,479 |  |  | 478,872 |
Less amount representing interest |  | (7,135) |  |  | (102,129) |  |  | (109,264) |
Present value of lease liabilities |  | $ | 14,258 |  |  | $ | 355,350 |  |  | $ | 369,608 |

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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 + Details
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