XML 37 R26.htm IDEA: XBRL DOCUMENT v3.25.2
LEASES (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Assets and Liabilities Related to Both Operating and Finance Leases
The gross amounts of assets and liabilities related to both operating and finance leases were as follows:
June 30, 2025December 31, 2024
Balance Sheet Caption(In thousands)
Assets:
Operating lease right-of-use assetsOperating lease right-of-use assets$432,801 $451,930 
Finance lease right-of-use assetsProperty and equipment, net1,031 546 
Total right-of-use assets$433,832 $452,476 
June 30, 2025December 31, 2024
Balance Sheet Caption(In thousands)
Liabilities:
Current:
Operating lease liabilitiesCurrent operating lease liabilities$(96,268)$(88,521)
Finance lease liabilitiesAccrued expenses and other current liabilities(248)(140)
Non-current:
Operating lease liabilitiesOperating lease liabilities, non-current(371,446)(395,235)
Finance lease liabilitiesFinance lease obligations, non-current(641)(382)
Total lease liabilities$(468,603)$(484,278)
Schedule of Lease Cost
The components of lease cost are as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
(In thousands)
Operating lease cost$27,842 $26,560 $55,290 $48,508 
Finance lease cost
Amortization of right-of-use assets38 140 68 271 
Interest on lease liabilities14 44 26 105 
Short-term lease costs15 292 127 410 
Total$27,909 $27,036 $55,511 $49,294 
Schedule of Lease Terms and Discount Rates
Lease terms and discount rates are as follows:
June 30, 2025December 31, 2024
Weighted average remaining lease term (years):
Operating leases5.025.41
Finance leases3.993.62
Weighted average discount rate:
Operating leases3.24 %3.22 %
Finance leases8.28 %10.54 %
Schedule of Future Minimum Lease Payments
Future minimum lease payments as of June 30, 2025, including rental payments for lease renewal options the Group was reasonably certain to exercise, were as follows:
 
Operating leases
Finance leases
 (In thousands)
  Maturity of Lease Liabilities
Remainder of 2025
$55,251 $165 
2026
111,952 238 
2027
108,058 213 
2028
97,635 181 
2029
66,956 131 
Thereafter77,892 45 
Total lease payments517,744 973 
Less: imputed interest(50,030)(84)
Present value of lease liabilities$467,714 $889