| Leases |
Leases Lease Costs
The components of lease expense were as follows: | | | | | | | | | | | | | | | | | | | | | Year Ended December 31 | | | | 2024 | | 2023 | | 2022 | | | | (thousands) | | | | Operating lease cost | $ | 13,690 | | | $ | 13,227 | | | $ | 14,212 | | | | | Finance lease cost | | | | | | | | | Amortization of right-of-use assets | 2,480 | | | 2,470 | | | 2,482 | | | | | Interest on lease liabilities | 2,147 | | | 2,229 | | | 2,327 | | | | | Variable lease cost | 5,800 | | | 5,429 | | | 4,406 | | | | | Short-term lease cost | 5,784 | | | 6,149 | | | 5,662 | | | | | Sublease income | (153) | | | (330) | | | (439) | | | | | Total lease cost | $ | 29,748 | | | $ | 29,174 | | | $ | 28,650 | | | |
Other Information
Supplemental cash flow information related to leases was as follows: | | | | | | | | | | | | | | | | | | | Year Ended December 31 | | 2024 | | 2023 | | 2022 | | (thousands) | | Cash paid for amounts included in the measurement of lease liabilities | | | | | | | Operating cash flows from operating leases | $ | 13,125 | | | $ | 13,472 | | | $ | 14,203 | | | Operating cash flows from finance leases | 2,128 | | | 2,226 | | | 2,338 | | | Financing cash flows from finance leases | 1,955 | | | 1,831 | | | 1,685 | | | Right-of-use assets obtained in exchange for lease obligations | | | | | | | Operating leases | 5,356 | | | 18,147 | | | 5,096 | | | Finance leases | 803 | | | — | | | — | |
Other information related to leases was as follows: | | | | | | | | | | | | | | | | | | | December 31, 2024 | | December 31, 2023 | | | | | | | | | | | | | | Weighted-average remaining lease term (years) | | | | | | | | | Operating leases | 7 | | 8 | | | | | | Finance leases | 13 | | 13 | | | | | | Weighted-average discount rate | | | | | | | | | Operating leases | 5.9 | % | | 6.2 | % | | | | | | Finance leases | 7.5 | % | | 7.6 | % | | | | |
As of December 31, 2024, our minimum lease payment requirements for noncancelable operating and finance leases are as follows: | | | | | | | | | | | | | | | | | Operating Leases | | Finance Leases | | | (thousands) | | 2025 | | $ | 13,137 | | | $ | 3,727 | | | 2026 | | 9,932 | | | 3,573 | | | 2027 | | 9,355 | | | 3,641 | | | 2028 | | 7,345 | | | 3,496 | | | 2029 | | 6,921 | | | 3,479 | | | Thereafter | | 19,835 | | | 26,880 | | | Total future minimum lease payments | | 66,525 | | | 44,796 | | | Less: interest | | (12,989) | | | (16,181) | | | Total lease obligations | | 53,536 | | | 28,615 | | | Less: current obligations | | (10,362) | | | (1,732) | | | Long-term lease obligations | | $ | 43,174 | | | $ | 26,883 | |
As of December 31, 2024, the undiscounted future lease payments for additional leases that have not yet commenced was approximately $9 million. These leases are expected to commence in 2025 with lease terms ranging from 3 years to 9 years.
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| Leases |
Leases Lease Costs
The components of lease expense were as follows: | | | | | | | | | | | | | | | | | | | | | Year Ended December 31 | | | | 2024 | | 2023 | | 2022 | | | | (thousands) | | | | Operating lease cost | $ | 13,690 | | | $ | 13,227 | | | $ | 14,212 | | | | | Finance lease cost | | | | | | | | | Amortization of right-of-use assets | 2,480 | | | 2,470 | | | 2,482 | | | | | Interest on lease liabilities | 2,147 | | | 2,229 | | | 2,327 | | | | | Variable lease cost | 5,800 | | | 5,429 | | | 4,406 | | | | | Short-term lease cost | 5,784 | | | 6,149 | | | 5,662 | | | | | Sublease income | (153) | | | (330) | | | (439) | | | | | Total lease cost | $ | 29,748 | | | $ | 29,174 | | | $ | 28,650 | | | |
Other Information
Supplemental cash flow information related to leases was as follows: | | | | | | | | | | | | | | | | | | | Year Ended December 31 | | 2024 | | 2023 | | 2022 | | (thousands) | | Cash paid for amounts included in the measurement of lease liabilities | | | | | | | Operating cash flows from operating leases | $ | 13,125 | | | $ | 13,472 | | | $ | 14,203 | | | Operating cash flows from finance leases | 2,128 | | | 2,226 | | | 2,338 | | | Financing cash flows from finance leases | 1,955 | | | 1,831 | | | 1,685 | | | Right-of-use assets obtained in exchange for lease obligations | | | | | | | Operating leases | 5,356 | | | 18,147 | | | 5,096 | | | Finance leases | 803 | | | — | | | — | |
Other information related to leases was as follows: | | | | | | | | | | | | | | | | | | | December 31, 2024 | | December 31, 2023 | | | | | | | | | | | | | | Weighted-average remaining lease term (years) | | | | | | | | | Operating leases | 7 | | 8 | | | | | | Finance leases | 13 | | 13 | | | | | | Weighted-average discount rate | | | | | | | | | Operating leases | 5.9 | % | | 6.2 | % | | | | | | Finance leases | 7.5 | % | | 7.6 | % | | | | |
As of December 31, 2024, our minimum lease payment requirements for noncancelable operating and finance leases are as follows: | | | | | | | | | | | | | | | | | Operating Leases | | Finance Leases | | | (thousands) | | 2025 | | $ | 13,137 | | | $ | 3,727 | | | 2026 | | 9,932 | | | 3,573 | | | 2027 | | 9,355 | | | 3,641 | | | 2028 | | 7,345 | | | 3,496 | | | 2029 | | 6,921 | | | 3,479 | | | Thereafter | | 19,835 | | | 26,880 | | | Total future minimum lease payments | | 66,525 | | | 44,796 | | | Less: interest | | (12,989) | | | (16,181) | | | Total lease obligations | | 53,536 | | | 28,615 | | | Less: current obligations | | (10,362) | | | (1,732) | | | Long-term lease obligations | | $ | 43,174 | | | $ | 26,883 | |
As of December 31, 2024, the undiscounted future lease payments for additional leases that have not yet commenced was approximately $9 million. These leases are expected to commence in 2025 with lease terms ranging from 3 years to 9 years.
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