LEASES (Tables)

9 Months Ended

Sep. 30, 2024

LEASES

Summary of components of lease expense

The components of lease expense were as follows (in thousands):

	Three months ended				Nine months ended
	September 30, 2024		September 30, 2023		September 30, 2024		September 30, 2023
Operating lease cost:
Operating lease cost	$	5,884	$	5,975	$	16,989	$	17,719
Short-term lease cost		657		655		2,105		1,958
Variable lease cost		1,415		1,266		4,539		3,311
Total operating lease cost	$	7,956	$	7,896	$	23,633	$	22,988
Finance lease cost:
Amortization of right-of-use asset	$	1,647	$	735	$	3,235	$	2,239
Variable costs		170		211		538		641
Interest costs		87		103		287		265
Total finance lease cost	$	1,904	$	1,049	$	4,060	$	3,145

Summary of weighted-average remaining lease term and discount rate

	September 30, 2024		December 31, 2023
Weighted-average remaining lease term
Operating leases		12.6 years		13.3 years
Financing leases		4.8 years		9.2 years
Weighted-average discount rate
Operating leases		6.7%		6.3%
Financing leases		7.3%		6.6%

Summary of maturities of operating lease liabilities

Maturities of lease liabilities as of September 30, 2024 were as follows (in thousands):

	Operating Leases		Financing Leases
2024 (excluding the nine months ended September 30, 2024)	$	4,957	$	543
2025		18,858		1,541
2026		15,023		721
2027		12,143		685
2028		9,273		554
Thereafter		84,025		2,145
Total lease payments		144,279		6,189
Less imputed interest		(56,694)		(1,431)
Total	$	87,585	$	4,758

Maturities of lease liabilities as of December 31, 2023 were as follows (in thousands):

	Operating Leases		Financing Leases
2024	$	18,048	$	2,030
2025		16,022		1,488
2026		11,755		601
2027		9,327		534
2028		7,807		505
Thereafter		80,637		2,145
Total lease payments		143,596		7,303
Less imputed interest		(57,133)		(1,662)
Total	$	86,463	$	5,641

Summary of maturities of finance lease liabilities

	Operating Leases		Financing Leases
2024 (excluding the nine months ended September 30, 2024)	$	4,957	$	543
2025		18,858		1,541
2026		15,023		721
2027		12,143		685
2028		9,273		554
Thereafter		84,025		2,145
Total lease payments		144,279		6,189
Less imputed interest		(56,694)		(1,431)
Total	$	87,585	$	4,758

	Operating Leases		Financing Leases
2024	$	18,048	$	2,030
2025		16,022		1,488
2026		11,755		601
2027		9,327		534
2028		7,807		505
Thereafter		80,637		2,145
Total lease payments		143,596		7,303
Less imputed interest		(57,133)		(1,662)
Total	$	86,463	$	5,641

Schedule of maturities of future undiscounted lease payments

The following table presents the maturities of future undiscounted lease payments for the periods indicated (in thousands):

2024 (excluding the nine months ended September 30, 2024)	$	1,837
2025		7,178
2026		6,848
2027		5,624
2028		5,228
Thereafter		13,568
Total future lease payments	$	40,283