XML 48 R34.htm IDEA: XBRL DOCUMENT v3.24.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Components of Lease Cost Recognized
The components of lease cost recognized within the Company’s consolidated statements of operations were as follows (in thousands):
Year Ended December 31,
202320222021
Operating lease cost (1)
$34,670 $25,212 $20,198 
Short-term lease cost8,797 8,739 3,609 
_____________________
1)Includes non-cash lease expense of $26.4 million, $21.4 million, and $17.2 million for the years ended December 31, 2023, 2022 and 2021, respectively.
Schedule of Supplemental Cash Flow Information and Non-cash Activity
Supplemental cash flow information and non-cash activity related to the Company’s operating leases are as follows (in thousands):
Year Ended December 31,
202320222021
Cash paid for amounts included in measurement of lease liabilities$13,273 $24,752 $20,741 
Operating lease assets obtained in exchange for new lease liabilities61,594 48,404 17,476 
Schedule of Maturities of Lease Liabilities
Maturities of lease liabilities by fiscal year for the Company’s operating leases are as follows (in thousands):
Amount
2024$17,995 
202534,234 
202631,050 
202727,747 
202824,479 
Thereafter73,102 
Total lease payments$208,607 
Less: imputed interest(48,505)
Present value of lease liabilities$160,102 
Schedule of Weighted Average Remaining Lease Term and Discount Rate
Weighted average remaining lease term and discount rate for the Company’s operating leases are as follows:
December 31,
2023
December 31,
2022
Weighted average remaining lease term (years)6.76.2
Weighted average discount rate6.00%5.12%