LEASES (Tables)

6 Months Ended

Jun. 30, 2024

LEASES [Abstract]

Amount Reported in Condensed Consolidated Balance Sheet


	June 30,			December 31,
(In thousands)	2024			2023
Asset:
Operating lease right-of-use asset	$	53,881		$	59,931
Finance lease right-of-use asset		1,660			797
Total leased assets	$	55,542		$	60,728

Liabilities:
Current:
Operating lease liability		11,118			11,967
Finance lease liability		1,038			475
Long-term:
Operating lease liability		87,702			91,037
Finance lease liability		684			337
Total lease liabilities	$	100,542		$	103,816

Lease Expense


	Three Months Ended						Six Months Ended
	June 30,						June 30,
(In thousands)	2024			2023			2024			2023
Lease expense:
Operating lease expense	$	6,593		$	982		$	12,200		$	1,930
Finance lease expense
Depreciation of right-of-use asset		165			—			348			—
Interest expense on lease liabilities		27			—			56			—
Total lease expense	$	6,785		$	982		$	12,604		$	1,930

Future Minimum Lease Payments


(In thousands)			Finance ‎Leases			Operating ‎Leases
Remaining 2024		$	632		$	8,916
2025			849			15,505
2026			314			14,128
2027			18			12,942
2028			4			11,820
Thereafter			—			74,150
Total minimum lease payments		$	1,818		$	137,461
Less: amount representing interest			(97)			(38,641)
Present value of obligations under leases			1,722			98,820
Less: current portion			(1,038)			(11,118)
Long-term lease obligations		$	684		$	87,702

Summary of Supplemental Cash Flow Information


	Six Months Ended
	June 30,			June 30,
(In thousands, except weighted average lease term and discount rate)	2024			2023
Other supplemental cash flow information:
Cash paid for amounts included in measurement of lease liabilities
Operating cash flows from operating leases	$	9,785		$	1,248
Operating cash flows for finance leases		668			—
Financing cash flows for finance leases		611			—
Total cash paid for amounts included in the measurement of lease liabilities	$	11,064		$	1,248

Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	1,507		$	2,527
Financing leases	$	—		$	—
Weighted-average remaining lease term
Operating leases		9.1			2.8
Financing leases		2.4			—
Weighted-average discount rate
Operating leases		5.3%			3.6%
Financing leases		5.0%			—