Leases

6 Months Ended

Jun. 30, 2025

Leases [Abstract]

Leases

Leases

The Company has operating leases with various terms through September 2038, primarily for office space and office

equipment. The following table provides additional information about the Company’s leases:


		Three Months Ended June 30,				Six Months Ended June 30,
		2025		2024		2025		2024
Lease costs
Operating lease costs		$8,555		$7,861		$16,860		$15,739
Short-term lease costs
Operating lease costs		548		202		1,054		447
Sublease income		(157)		(148)		(265)		(296)
Lease costs – net		$8,946		$7,915		$17,649		$15,890

Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases						$16,876		$14,651
Non-cash related activities
Right-of-use assets obtained in exchange for new operating lease liabilities						11,985		10,268
Amortization of right-of-use assets for operating lease activity						12,072		11,359
Weighted average discount rate (percent)
Operating leases						5.4 %		5.3 %
Weighted average remaining lease term (years)
Operating leases						7.2		7.9