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Leases (Tables)

12 Months Ended

Dec. 31, 2024

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, weighted average remaining lease term, and weighted average discount rate as of December 31, 2024 and 2023, and their placement within our consolidated balance sheets:

Lease type						Balance Sheet Location						December 31, 2024						December 31, 2023
Assets
Finance						Property, plant, and equipment						$	30,655					$	28,264
Finance						Accumulated amortization						(14,543)						(12,212)
Finance						Property, plant, and equipment, net						16,112						16,052
Operating						Operating lease right-of-use assets						428,120						346,454
Total right-of-use assets												$	444,232					$	362,506
Liabilities
Current
Finance						Other accrued liabilities						$	2,252					$	1,820
Operating						Operating lease liabilities						80,174						72,833
Long-term
Finance						Finance lease liabilities						11,690						12,438
Operating						Operating lease liabilities						362,092						282,517
Total lease liabilities												$	456,208					$	369,608
Weighted-average remaining lease term (in years)
Finance												10.26						11.02
Operating												7.17						8.67
Weighted-average discount rate
Finance												6.97		%				8.04		%
Operating												7.76		%				7.24		%

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																								2024						2023						2022
Finance lease cost
Amortization of finance lease ROU assets																								$	2,335					$	1,906					$	1,917
Interest on lease liabilities																								987						636						619
Operating lease cost																								112,850						98,928						89,591
Variable lease cost																								7,197						9,246						5,478
Short-term lease cost																								4,183						13,500						8,575
Net lease cost																								$	127,552					$	124,216					$	106,180
Operating lease income (1)																								$	(6,011)					$	(14,908)					$	(11,030)

_________________________________________________________

(1)At December 31, 2024 and 2023, Property, plant, and equipment, net associated with leased assets was approximately $4.8 million and $9.5 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												2024						2023						2022
Cash paid for amounts included in the measurement of liabilities
Financing cash flows from finance leases												$	1,872					$	1,693					$	1,620
Operating cash flows from finance leases												954						631						614
Operating cash flows from operating leases												108,847						98,416						85,681
Non-cash supplemental amounts
ROU assets obtained in exchange for new finance lease liabilities												2,319						7,896						594
ROU assets obtained in exchange for new operating lease liabilities												166,028						72,219						64,567
ROU assets terminated in exchange for release from finance lease liabilities												—						—						—
ROU assets terminated in exchange for release from operating lease liabilities												41						1,439						32,902

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, 2024 (in thousands):

For the year ending December 31,						Finance leases						Operating leases						Total
2025						$	3,148					$	110,372					$	113,520
2026						2,643						109,666						112,309
2027						2,492						100,115						102,607
2028						1,669						91,862						93,531
2029						1,293						18,471						19,764
Thereafter						8,657						122,268						130,925
Total lease payments						19,902						552,754						572,656
Less amount representing interest						(5,960)						(110,488)						(116,448)
Present value of lease liabilities						$	13,942					$	442,266					$	456,208

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, 2024 (in thousands):

For the year ending December 31,						Finance leases						Operating leases						Total
2025						$	3,148					$	110,372					$	113,520
2026						2,643						109,666						112,309
2027						2,492						100,115						102,607
2028						1,669						91,862						93,531
2029						1,293						18,471						19,764
Thereafter						8,657						122,268						130,925
Total lease payments						19,902						552,754						572,656
Less amount representing interest						(5,960)						(110,488)						(116,448)
Present value of lease liabilities						$	13,942					$	442,266					$	456,208

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Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance 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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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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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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