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Property and Equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
The Company’s property and equipment consists of the following:
 December 31,
 20242025
 (in thousands)
Land$96,255 $93,844 
Leasehold improvements565,320 646,706 
Buildings601,615 680,883 
Furniture and equipment686,042 723,941 
Construction-in-progress84,620 122,248 
Total property and equipment2,033,852 2,267,622 
Accumulated depreciation(1,161,667)(1,275,308)
Property and equipment, net$872,185 $992,314 
Depreciation expense was $134.1 million, $141.1 million, and $138.5 million for the years ended December 31, 2023, 2024, and 2025, respectively.