Leases

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Leases

Leases

The following table summarizes the leases included in the condensed consolidated balance sheets as follows:

(In thousands)	Balance Sheet Location	September 30, 2023		December 31, 2022
Assets
Operating	Operating lease right-of-use assets	$	81,783	$	108,229
Finance	Property and equipment, net	10,159		10,982
Total lease assets		$	91,942	$	119,211
Liabilities
Current:
Operating	Current portion of lease obligations	$	32,313	$	32,207
Finance	Current portion of lease obligations	4,509		4,204
		$	36,822	$	36,411
Noncurrent:
Operating	Lease obligations	$	83,551	$	105,768
Finance	Lease obligations	15,565		19,031
		$	99,116	$	124,799
Total lease liabilities		$	135,938	$	161,210

In connection with exiting a portion of its office space in New York in the third quarter of 2023, the Company recorded an impairment charge of $9.1 million for operating lease right-of use assets. Refer to Note 4, Restructuring and Other Related Charges for additional details.

Leases

Leases

The following table summarizes the leases included in the condensed consolidated balance sheets as follows:

(In thousands)	Balance Sheet Location	September 30, 2023		December 31, 2022
Assets
Operating	Operating lease right-of-use assets	$	81,783	$	108,229
Finance	Property and equipment, net	10,159		10,982
Total lease assets		$	91,942	$	119,211
Liabilities
Current:
Operating	Current portion of lease obligations	$	32,313	$	32,207
Finance	Current portion of lease obligations	4,509		4,204
		$	36,822	$	36,411
Noncurrent:
Operating	Lease obligations	$	83,551	$	105,768
Finance	Lease obligations	15,565		19,031
		$	99,116	$	124,799
Total lease liabilities		$	135,938	$	161,210

In connection with exiting a portion of its office space in New York in the third quarter of 2023, the Company recorded an impairment charge of $9.1 million for operating lease right-of use assets. Refer to Note 4, Restructuring and Other Related Charges for additional details.