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Leases | 12 Months Ended
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Dec. 31, 2024
Leases [Abstract] |
Leases | NOTE 4 — Leases We lease certain real estate, vehicles, and equipment. Our leases have remaining lease term s of one to 12 years, some of which may include options to extend the leases, and some of which may include options to terminate the leases. The exercise of lease renewal options is at our sole discretion. The depreciable lives of assets and leasehold improvements are limited by the expected lease term unless there is a transfer of title or purchase option reasonably certain of exercise. The components of lease expense are as follows:
| Year ended December 31,
In thousands | 2024 |  | 2023 |  | 2022
Operating lease cost(a) | $52,417 |  | $64,845 |  | $73,103
Short-term lease cost(b) | 938 |  | 900 |  | 929
Variable lease cost | 12,390 |  | 13,200 |  | 13,002
Net lease cost | $65,745 |  | $78,945 |  | $87,034
(a) Includes sublease income of $8.3 million, $9.1 million, and $7.7 million for the years ended December 31, 2024, 2023, and 2022, respectively. (b) Excludes expenses relating to leases with a lease term of one month or less. In 2023, the Company sold two properties in Michigan and Arizona for a total of $60.5 million, which resulted in a net gain of $39.3 million. Contemporaneously with the closing of the sales, the Company entered into leases pursuant to which we leased back the properties for cumulative annual rent of $39.9 million, subject to annual escalations. The leases are accounted for as operating leases. Supplemental information related to leases are as follows:
| Year ended December 31,
In thousands, except lease term and discount rate | 2024 |  | 2023 |  | 2022
Cash paid for amounts included in the measurement of operating lease liabilities | $71,985 |  | $76,338 |  | $79,659
Right-of-use assets obtained in exchange for operating lease obligations | 6,071 |  | 31,501 |  | 15,272
Gain on sale and leaseback transactions, net | (105) |  | (40,221) |  | (12,249)
Weighted-average remaining lease term (in years) | 6.0 |  | 6.4 |  | 6.8
Weighted-average discount rate | 13.2% |  | 13.0% |  | 12.6%
Future minimum lease payments under non-cancellable leases are as follows:
In thousands | Year ended December 31,
2025 | $61,987
2026 | 50,461
2027 | 42,486
2028 | 38,113
2029 | 37,293
Thereafter | 74,223
Total future minimum lease payments | 304,563
Less: Imputed interest | 97,071
Total | $207,492
As of December 31, 2024, we have entered into leases that have not yet commenced with future lease payments of $0.9 million, which are not yet recorded on the Consolidated balance sheet.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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