v3.25.2
Operating Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Lease Expense and Supplemental Cash Flow Information The following table details the components of lease expense included in operating expenses in the consolidated statements of income during the three and six months ended June 30, 2025 and 2024 (in thousands):
Three Months EndedSix Months Ended
June 30,June 30,
2025202420252024
Operating lease expense$36,588 $37,553 $71,217 $74,472 
Variable lease expense (1)
4,913 5,007 9,717 10,028 
Total operating lease expense$41,501 $42,560 $80,934 $84,500 

(1)Variable lease costs consist primarily of taxes, insurance and common area or other maintenance costs paid based on actual costs incurred by the lessor and can therefore vary over the lease term.
The following table details supplemental cash flow information related to operating leases for the six months ended June 30, 2025 and 2024 (in thousands):

Six Months Ended
June 30,
20252024
Cash paid for amounts included in the measurement of operating lease liabilities$64,927 $67,055 
Leased assets obtained in exchange for new operating lease liabilities$61,208 $65,019 
Schedule of Maturity of Lease Liabilities
The following table details the maturity of lease liabilities for all operating leases as of June 30, 2025 (in thousands):

Six months ending December 31, 2025$64,679 
2026113,917 
202786,104 
202862,821 
202937,494 
Thereafter35,870 
Total$400,885 
Less amount of lease payments representing interest(62,842)
Total present value of lease payments$338,043