Our right-of-use assets and lease liabilities primarily include operating leases for office space. Our executive offices and those related to certain domestic product development, marketing, production and administration are located in a 186,000 square foot office facility in Canonsburg, Pennsylvania. The term of the lease is 183 months, which began on October 1, 2014 and expires on December 31, 2029. The lease agreement includes an option to renew the contract through August 2044. No options are included in the lease liability. Absent the exercise of options in the lease, our remaining base rent (inclusive of property taxes and certain operating costs) is $4.7 million per annum for 2025 - 2029.


	Three Months Ended
(in thousands)		March 31, 2025		March 31, 2024
Lease liability cost		$	7,002	$	7,328
Variable lease cost not included in the lease liability(1)		1,287		1,383
Total lease cost		$	8,289	$	8,711

(1) Variable lease cost includes common area maintenance, property taxes, utilities and fluctuations in rent due to a change in an index or rate.


	Three Months Ended
(in thousands)		March 31, 2025		March 31, 2024
Cash paid for amounts included in the measurement of the lease liability:
Operating cash flows from operating leases		$	(7,215)	$	(7,213)
Right-of-use assets obtained in exchange for new operating lease liabilities		$	103	$	1,389


	As of March 31,
	2025		2024
Weighted-average remaining lease term of operating leases	5.7 years		6.2 years
Weighted-average discount rate of operating leases	3.4	%	3.4	%


(in thousands)
Remainder of 2025	$	21,455
2026	23,783
2027	19,262
2028	17,540
2029	12,659
Thereafter	22,148
Total future lease payments	116,847
Less: Present value adjustment	(10,229)
Present value of future lease payments(1)	$	106,618

(1) Includes the current portion of operating lease liabilities of $24.8 million, which is reflected in other accrued expenses and liabilities in the condensed consolidated balance sheets.