Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Summary of Lease Costs and Other Information

The following table contains a summary of the lease costs recognized and other information pertaining to the Company’s operating leases:


		Year Ended December 31,
		2024				2023
		(In thousands)
Lease cost
Operating lease cost		$	30,648			$	27,849
Variable lease cost			8,535				6,991
Sublease income			(1,674	)			(1,439	)
Net lease cost		$	37,509			$	33,401

		Year Ended December 31,
		2024				2023
		(In thousands)
Other information
Operating cash flows used for operating leases		$	27,152			$	25,456
Operating lease liabilities arising from obtaining right-of-use assets			112,821				1,311

		As Of December 31,
		2024				2023
Lease term and discount rate
Weighted average remaining lease term		8.9 years				6.2 years
Weighted average discount rate		7.45%				7.37%

Schedule of Reconciliation of Undiscounted Cash Flows for Operating Lease Liabilities / Future Minimum Lease Payments

The table below reconciles the undiscounted cash flows for each of the next five years and total of the remaining years to the operating lease liabilities recorded in the consolidated balance sheet as of December 31, 2024:


Future Operating Lease Payments
Year Ending December 31,		(in thousands)
2025		$	35,105
2026			37,874
2027			31,610
2028			26,702
2029			27,418
Thereafter			136,126
Total lease payments		$	294,835
Less: imputed interest			(84,637	)
Total operating lease liabilities at December 31, 2024		$	210,198