v3.25.4
LEASES
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
LEASES LEASES
Components of lease costs are presented on the Consolidated Statements of Operations as “General and administrative expense” for real-estate leases and “Operating expense” for non-real estate leases. Total operating lease cost for the years ended December 31, 2025, 2024 and 2023 were $53.3 million, $38.7 million and $45.6 million, respectively. Short-term lease cost for the years ended December 31, 2025, 2024 and 2023 were $3.5 million, $7.7 million and $3.4 million, respectively.
The following table presents other supplemental lease information:
Year Ended December 31,
20252024
(In thousands)
Operating cash flows from operating leases$52,394 $39,247 
Right-of-use assets obtained in exchange for new operating lease liabilities$34,735 $43,682 
Weighted-average remaining lease term — operating leases (in years)2.091.85
Weighted-average discount rate — operating leases6.06 %6.82 %
The following table presents future minimum lease payments under operating leases:
Fiscal YearAmount
(In thousands)
2026$46,328 
202718,357 
20287,333 
20294,490 
2030194 
Thereafter44 
      Total lease payments76,746 
Less: interest(4,099)
      Present value of lease liabilities$72,647