| Leases |
Leases We lease office space and equipment under non-cancelable operating leases. The table below summarizes the carrying amount of our operating lease assets and liabilities: | | | | | | | | | | | | | | | | | | | | | | Leases | | Classification | | September 30, 2025 | | December 31, 2024 | | Assets | | | | | | | | Operating lease assets | | Operating lease assets | | $ | 201,414 | | | $ | 198,318 | | | Total lease assets | | | | $ | 201,414 | | | $ | 198,318 | | | Liabilities | | | | | | | | Current | | | | | | | | Operating lease liabilities | | Accounts payable, accrued expenses and other | | $ | 33,354 | | | $ | 34,110 | | | Noncurrent | | | | | | | | Operating lease liabilities | | Noncurrent operating lease liabilities | | 225,988 | | | 208,036 | | | Total lease liabilities | | | | $ | 259,342 | | | $ | 242,146 | |
The table below summarizes total lease costs: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | Lease Cost | | 2025 | | 2024 | | 2025 | | 2024 | | Operating lease costs | | $ | 13,062 | | | $ | 12,785 | | | $ | 38,637 | | | $ | 37,692 | | | | | | | | | | | | Variable lease costs and other | | 4,244 | | | 5,066 | | | 13,514 | | | 13,242 | | | Total lease cost, net | | $ | 17,306 | | | $ | 17,851 | | | $ | 52,151 | | | $ | 50,934 | |
The maturity analysis below summarizes the remaining future undiscounted cash flows for our operating leases and includes a reconciliation to operating lease liabilities reported on the Condensed Consolidated Balance Sheets: | | | | | | | As of September 30, 2025 | 2025 (remaining) | $ | 10,623 | | | 2026 | 56,127 | | | 2027 | 54,126 | | | 2028 | 43,091 | | | 2029 | 33,006 | | | Thereafter | 126,721 | | | Total future lease payments | 323,694 | | | Less: imputed interest | (64,352) | | | Total | $ | 259,342 | |
The table below includes cash paid for our operating lease liabilities, other non-cash information, our weighted average remaining lease term and weighted average discount rate: | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, | | | | | | | 2025 | | 2024 | | Cash paid for amounts included in the measurement of operating lease liabilities | | | | | $ | 43,778 | | $ | 42,052 | | | | | | | | | | Operating lease assets obtained in exchange for lease liabilities | | | | | $ | 22,627 | | $ | 22,865 | | | | | | | | | | Weighted average remaining lease term (years) | | | | | | | | | Operating leases | | | | | 7.3 | | 7.5 | | | | | | | | | | Weighted average discount rate | | | | | | | | Operating leases | | | | | 5.9 | % | | 5.9 | % |
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