Operating Leases (Tables)

3 Months Ended

Mar. 31, 2024

Lessee Disclosure [Abstract]

Schedule of Net Lease Cost

The table below summarizes our net lease cost for the three months ended March 31, 2024 and 2023 (in thousands):

	Three Months Ended March 31,
	2024			2023
Operating lease cost	$	27,512		$	26,429
Short-term lease cost		724			330
Variable lease cost		7,260			6,955
Sublease income		(275	)		(289	)
Net lease cost	$	35,221		$	33,425

The table below summarizes other information related to our operating leases as of and for the three months ended March 31, 2024 (in thousands):

Operating lease cash flows	$	24,991
Right-of-use assets obtained in exchange for new operating lease liabilities	$	42,643
Weighted-average remaining lease term (years)		12.7
Weighted-average discount rate		4.87	%

Schedule of Information About Operating Lease Liabilities

The table below presents information about operating lease liabilities as of March 31, 2024, (in thousands, except percentages).

Remainder of 2024	$	73,221
2025		101,023
2026		102,017
2027		102,121
2028		99,480
Thereafter		708,423
Total undiscounted lease payments		1,186,285
Imputed interest		(331,669	)
Total operating lease liabilities	$	854,616

Schedule of Future Minimum Future Payments Under Non-Cancelable Leases

As of March 31, 2024, minimum future payments under non-cancelable leases were (in thousands):

Remainder of 2024	$	5,861
2025		1,029
	$	6,890