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Leases (Notes)
 9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Leases Leases
We lease certain office and parking facilities, warehouse space, equipment, vehicles and information technology equipment under operating and finance leases. Lease expense for these leases is recognized within the Condensed Consolidated Statements of Operations on a straight-line basis over the lease term, with variable lease payments recognized in the period those payments are incurred. The following table summarizes the amounts recognized in our Condensed Consolidated Balance Sheet related to leases:
Condensed Consolidated Balance Sheet
Classification		September 30,
2023		December 31,
2022
Assets 
Operating lease assetsRight-of-use assets - operating leases $108,149 $104,612 
Finance lease assetsProperty and equipment, net15,102 12,948 
Total lease assets $123,251 $117,560 
Liabilities 
Current operating lease liabilitiesOther current liabilities$37,972 $34,652 
Non-current operating lease liabilitiesLease liabilities - operating leases69,748 68,878 
Total operating lease liabilities 107,720 103,530 
Current portion of finance lease liabilitiesCurrent portion of long-term debt and finance lease liabilities4,096 3,046 
Non-current finance lease liabilitiesLease liabilities - finance leases10,538 9,481 
Total finance lease liabilities 14,634 12,527 
Total lease liabilities $122,354 $116,057 
The components of lease cost recognized within our Condensed Consolidated Statements of Operations were as follows:
Three Months EndedNine Months Ended
Condensed Consolidated Statements
of Operations Classification		September 30,
2023		October 1,
2022		September 30,
2023		October 1,
2022
Operating lease costOperating expense$8,028 $6,649 $23,642 $19,095 
Operating lease costSelling expense3,258 2,926 9,665 8,492 
Operating lease costGeneral and administrative expense260 304 925 883 
Finance lease cost:
Amortization of right-of-use assetsDepreciation and amortization1,123 889 2,965 2,334 
Interest expense on lease liabilitiesInterest expense123 74 324 196 
Other lease cost (1)
Operating expense2,619 1,271 5,443 3,613 
Other lease cost (1)
Selling expense485 235 1,467 1,059 
Other lease cost (1)
General and administrative expense4 27 78 59 
Total lease cost$15,900 $12,375 $44,509 $35,731 
(1) Other lease cost includes short-term lease costs and variable lease costs.
We often have options to renew lease terms for buildings and other assets. The exercise of lease renewal options is generally at our sole discretion. In addition, certain lease agreements may be terminated prior to their original expiration date at our discretion. We evaluate each renewal and termination option at the lease commencement date to determine if we are reasonably certain to exercise the option on
the basis of economic factors. The weighted average remaining lease terms as of September 30, 2023 was 3.4 years for operating leases and 4.2 years for finance leases.
The discount rate implicit within our leases is generally not determinable, and therefore the Company determines the discount rate based on its incremental borrowing rate. The incremental borrowing rate for each lease is determined based on its term and the currency in which lease payments are made, adjusted for the impacts of collateral. The weighted average discount rates used to measure our lease liabilities as of September 30, 2023 were 4.10% for operating leases and 3.72% for finance leases.
Supplemental Cash Flow Information Related to LeasesNine Months Ended
September 30,
2023		October 1,
2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$(33,546)$(29,194)
Operating cash flows from finance leases(325)(196)
Financing cash flows from finance leases(2,943)(2,313)
Right-of-use assets obtained in exchange for lease obligations:
Operating leases35,666 38,403 
Finance leases5,231 3,910 
Maturity Analysis of Lease LiabilitiesAs of September 30, 2023
Operating
Leases		Finance
Leases
Remaining three months of 2023
$11,126 $1,043 
202439,410 4,516 
202530,295 3,879 
202618,295 3,034 
202710,633 1,765 
20283,599 608 
Thereafter2,552 1,074 
Total lease payments115,910 15,919 
Less interest8,190 1,285 
Total$107,720 $14,634 
Leases Leases
We lease certain office and parking facilities, warehouse space, equipment, vehicles and information technology equipment under operating and finance leases. Lease expense for these leases is recognized within the Condensed Consolidated Statements of Operations on a straight-line basis over the lease term, with variable lease payments recognized in the period those payments are incurred. The following table summarizes the amounts recognized in our Condensed Consolidated Balance Sheet related to leases:
Condensed Consolidated Balance Sheet
Classification		September 30,
2023		December 31,
2022
Assets 
Operating lease assetsRight-of-use assets - operating leases $108,149 $104,612 
Finance lease assetsProperty and equipment, net15,102 12,948 
Total lease assets $123,251 $117,560 
Liabilities 
Current operating lease liabilitiesOther current liabilities$37,972 $34,652 
Non-current operating lease liabilitiesLease liabilities - operating leases69,748 68,878 
Total operating lease liabilities 107,720 103,530 
Current portion of finance lease liabilitiesCurrent portion of long-term debt and finance lease liabilities4,096 3,046 
Non-current finance lease liabilitiesLease liabilities - finance leases10,538 9,481 
Total finance lease liabilities 14,634 12,527 
Total lease liabilities $122,354 $116,057 
The components of lease cost recognized within our Condensed Consolidated Statements of Operations were as follows:
Three Months EndedNine Months Ended
Condensed Consolidated Statements
of Operations Classification		September 30,
2023		October 1,
2022		September 30,
2023		October 1,
2022
Operating lease costOperating expense$8,028 $6,649 $23,642 $19,095 
Operating lease costSelling expense3,258 2,926 9,665 8,492 
Operating lease costGeneral and administrative expense260 304 925 883 
Finance lease cost:
Amortization of right-of-use assetsDepreciation and amortization1,123 889 2,965 2,334 
Interest expense on lease liabilitiesInterest expense123 74 324 196 
Other lease cost (1)
Operating expense2,619 1,271 5,443 3,613 
Other lease cost (1)
Selling expense485 235 1,467 1,059 
Other lease cost (1)
General and administrative expense4 27 78 59 
Total lease cost$15,900 $12,375 $44,509 $35,731 
(1) Other lease cost includes short-term lease costs and variable lease costs.
We often have options to renew lease terms for buildings and other assets. The exercise of lease renewal options is generally at our sole discretion. In addition, certain lease agreements may be terminated prior to their original expiration date at our discretion. We evaluate each renewal and termination option at the lease commencement date to determine if we are reasonably certain to exercise the option on
the basis of economic factors. The weighted average remaining lease terms as of September 30, 2023 was 3.4 years for operating leases and 4.2 years for finance leases.
The discount rate implicit within our leases is generally not determinable, and therefore the Company determines the discount rate based on its incremental borrowing rate. The incremental borrowing rate for each lease is determined based on its term and the currency in which lease payments are made, adjusted for the impacts of collateral. The weighted average discount rates used to measure our lease liabilities as of September 30, 2023 were 4.10% for operating leases and 3.72% for finance leases.
Supplemental Cash Flow Information Related to LeasesNine Months Ended
September 30,
2023		October 1,
2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$(33,546)$(29,194)
Operating cash flows from finance leases(325)(196)
Financing cash flows from finance leases(2,943)(2,313)
Right-of-use assets obtained in exchange for lease obligations:
Operating leases35,666 38,403 
Finance leases5,231 3,910 
Maturity Analysis of Lease LiabilitiesAs of September 30, 2023
Operating
Leases		Finance
Leases
Remaining three months of 2023
$11,126 $1,043 
202439,410 4,516 
202530,295 3,879 
202618,295 3,034 
202710,633 1,765 
20283,599 608 
Thereafter2,552 1,074 
Total lease payments115,910 15,919 
Less interest8,190 1,285 
Total$107,720 $14,634