Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.24.2.u1
Leases (Tables)
6 Months Ended
Jun. 30, 2024
Lessee Disclosure [Abstract]  
Summary of lease cost The following table provides additional information about the Company’s leases:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

2023

 

 

2024

 

2023

 

Lease costs

 

 

 

 

 

 

 

 

 

 

Operating lease costs

 

$

7,861

 

$

9,246

 

 

$

15,739

 

$

17,652

 

Short-term lease costs

 

 

 

 

 

 

 

 

 

 

Operating lease costs

 

 

202

 

 

163

 

 

 

447

 

 

401

 

Sublease income

 

 

(148

)

 

(74

)

 

 

(296

)

 

(246

)

Lease costs – net

 

$

7,915

 

$

9,335

 

 

$

15,890

 

$

17,807

 

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

Operating cash flows for operating leases

 

 

 

 

 

 

$

14,651

 

$

15,902

 

Non-cash related activities

 

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

 

 

 

 

 

 

10,268

 

 

6,692

 

Amortization of right-of-use assets for operating lease activity

 

 

 

 

 

 

 

11,359

 

 

13,359

 

Weighted average discount rate (percent)

 

 

 

 

 

 

 

 

 

 

Operating leases

 

 

 

 

 

 

 

5.3

%

 

5.1

%

Weighted average remaining lease term (years)

 

 

 

 

 

 

 

 

 

 

Operating leases

 

 

 

 

 

 

 

7.9

 

 

8.5