v3.26.1
LEASES
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
LEASES LEASES
Components of lease costs are included in the Condensed Consolidated Statements of Operations as “general and administrative expense” for real-estate leases and “operating expenses” for non-real estate leases. Total operating lease costs were $12.3 million for both the three months ended March 31, 2026 and 2025. Short-term lease costs were $1.8 million and $0.5 million for the three months ended March 31, 2026 and 2025, respectively. Variable lease costs were immaterial for the three months ended March 31, 2026 and 2025.

The following table presents other supplemental lease information:

Three Months Ended March 31,
20262025
(In thousands)
Operating cash flows from operating leases$12,063$12,232
Right-of-use assets obtained in exchange for new operating lease liabilities
$$15,767
Weighted-average remaining lease term — operating leases (in years)2.012.64
Weighted-average discount rate — operating leases5.92 %5.47 %