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Leases
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Leases Leases
The Company leases certain facilities and equipment under non-cancelable operating leases which expire at various dates through 2031. Office and equipment leases are typically for terms of three to five years and generally provide renewal options for terms up to an additional five years. Some of the Company’s leases include options to terminate within one year.
During the year ended December 31, 2024, 2023, and 2022, the Company recorded impairments of $0.9 million, $2.2 million, and $1.0 million, respectively on its operating lease right of use assets within various reportable segments primarily related to exiting certain lease space as the Company regularly evaluates its office space requirements in light of more of its workforce working from home as part of a “remote” or “partial remote” work model. The impairments were determined by comparing the fair value of the impacted right-of-use asset to the carrying value of the asset as of the impairment measurement date, as required under ASC Topic 360, Property, Plant, and Equipment. The fair value of the right-of-use asset was based on the estimated sublease income for the affected facilities taking into consideration the time it will take to obtain a sublease tenant, the applicable discount rate and the sublease rate which represent Level 3 unobservable inputs. The impairments are presented in ‘General, administrative, and other related costs’ on the Consolidated Statements of Operations.
In certain agreements in which the Company leases office space where the Company is the tenant, it subleases the site to various other companies through a sublease agreement.
Operating right-of-use assets are included in ‘Other assets’ on the Consolidated Balance Sheets. Operating lease liabilities are included in ‘Other current liabilities’ and ‘Other noncurrent liabilities’, respectively, on the Consolidated Balance Sheets as follows (in thousands):
December 31,
20242023
Operating lease right-of-use assets$26,249 $24,564 
Operating lease liabilities, current$8,666 $15,801 
Operating lease liabilities, noncurrent21,797 16,626 
Total operating lease liabilities$30,463 $32,427 
The components of lease expense are as follows (in thousands):
December 31,
20242023
Operating lease cost$10,760 $15,065 
Short-term lease cost (1)
519 1,070 
Total lease cost$11,279 $16,135 
(1)The Company made an election to account for a short-term lease payments on a straight-line basis over the term of the lease.

Other supplemental operating lease information consists of the following:
December 31,
20242023
Operating leases:
Weighted average remaining lease term3.9 years3.0 years
Weighted average discount rate4.28 %3.27 %

As of December 31, 2024, maturities of operating lease liabilities were as follows (in thousands):
2025$9,371 
20267,716 
20275,419 
20283,708 
20293,796 
Thereafter3,995 
Total lease payments$34,005 
Less: Imputed interest3,542 
Present value of operating lease liabilities$30,463 
Sublease
Total sublease income for the years ended December 31, 2024, 2023, and 2022 was $5.3 million, $6.0 million, and $6.8 million, respectively. Total estimated aggregate sublease income to be received in the future is $3.6 million.