v3.24.1
LEASES (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Components of Lease Expense
The table below provides the components of lease expense included within the consolidated statements of operations:
Year Ended December 31,
Lease Cost20232022
(amounts in thousands)
Operating lease cost$49,872 $50,379 
Variable lease cost13,467 11,101 
Short-term lease cost— — 
Non-cash impairment of ROU Assets and other costs related to impairment of leases14,111 3,328 
Total lease cost$77,450 $64,808 
S
The following table provides the Company’s rent expense for the periods indicated:
Year Ended December 31,
20232022
(amounts in thousands)
Rent expense$62,152 $60,434 
Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases is as follows:
Year Ended December 31,
Description20232022
(amounts in thousands)
Cash paid for amounts included in measurement of lease liabilities$54,614 $54,487 
Lease liabilities arising from obtaining right-of-use assets$51,281 $33,185 
Supplemental Balance Sheet information Related to Leases
Supplemental balance sheet information related to leases is as follows:
As of December 31,
Description20232022
(amounts in thousands)
Operating Leases
Operating leases right-of-use assets$202,010 $211,022 
Operating lease liabilities (current)37,631 40,815 
Operating lease liabilities (noncurrent)201,802 196,654 
Total operating lease liabilities$239,433 $237,469 
As of December 31
20232022
Operating Leases
Weighted average remaining lease term6.56 years7 years
Weighed average discount rate5.11 %4.7 %
Schedule of Aggregate Maturities of Lease Liability
The aggregate maturities of the Company’s lease liabilities as of December 31, 2023, are as follows:
Operating Lease Maturities
(amounts in thousands)
For the years ending December 31:
2024$53,118 
202549,808 
202644,182 
202737,828 
202829,029 
Thereafter70,252 
Total lease payments284,217 
Less: imputed interest(44,784)
Total $239,433