LEASE COMMITMENTS (Tables)

3 Months Ended

Mar. 31, 2026

The components of lease expense were as follows (in thousands):


	Three Months Ended March 31,
	2026			2025
Operating lease cost	$	20,158		$	19,327
Short-term lease cost		1,289			1,093

Finance lease cost:
Amortization of right-of-use assets		3,613			4,091
Interest on lease liabilities		1,464			1,345
Total finance lease cost		5,077			5,436
Total lease costs	$	26,524		$	25,856

Supplemental cash flow information related to leases was as follows (in thousands):


		Three Months Ended March 31,
		2026			2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases		$	20,928		$	21,086
Operating cash flows for finance leases		$	1,464		$	1,345
Finance cash flows for finance leases		$	3,016		$	3,493

Right-of-use assets obtained in exchange for lease obligations:
Operating leases		$	4,000		$	4,729
Finance leases		$	7,313		$	—

Supplemental balance sheet information related to leases was as follows (in thousands):


		March 31, 2026		December 31, 2025
Operating Leases:
Operating right-of-use assets		$	207,786	$	203,258

Current portion of operating lease obligations		$	58,812	$	56,893
Operating lease obligations			174,179		171,880
Total operating lease liabilities		$	232,991	$	228,773

Finance Leases:
Finance right-of-use assets		$	172,126	$	164,826
Accumulated amortization			(83,396)		(79,796)
Finance right-of-use assets, net		$	88,730	$	85,030

Current portion of finance lease obligations		$	21,750	$	21,824
Finance lease obligations			79,314		74,943
Total finance lease liabilities		$	101,064	$	96,767

Weighted Average Remaining Lease Term (in years):
Operating leases			5.70		5.82
Finance leases			7.45		7.21

Weighted Average Discount Rate:
Operating leases			7.47%		7.68%
Finance leases			5.89%		5.94%

Schedule of operating lease liabilities

Future commitments as of March 31, 2026 for lease liabilities related to premises, equipment and other recurring commitments are as follows (in thousands):


		Maturities of Lease Liabilities
Year Ending December 31,		Operating Leases			Finance Leases			Total
2026		$	57,342		$	22,535		$	79,877
2027			57,275			19,104			76,379
2028			44,933			22,374			67,307
2029			37,036			12,446			49,482
2030			26,125			14,968			41,093
Thereafter			64,316			35,717			100,033
Total lease payments		$	287,027		$	127,144		$	414,171
Less: Amount representing interest			(54,036)			(26,080)			(80,116)
Total			232,991			101,064			334,055
Less: Current lease obligation payments			(58,812)			(21,750)			(80,562)
Total long-term lease obligations		$	174,179		$	79,314		$	253,493

Schedule of financing lease liabilities

Future commitments as of March 31, 2026 for lease liabilities related to premises, equipment and other recurring commitments are as follows (in thousands):


		Maturities of Lease Liabilities
Year Ending December 31,		Operating Leases			Finance Leases			Total
2026		$	57,342		$	22,535		$	79,877
2027			57,275			19,104			76,379
2028			44,933			22,374			67,307
2029			37,036			12,446			49,482
2030			26,125			14,968			41,093
Thereafter			64,316			35,717			100,033
Total lease payments		$	287,027		$	127,144		$	414,171
Less: Amount representing interest			(54,036)			(26,080)			(80,116)
Total			232,991			101,064			334,055
Less: Current lease obligation payments			(58,812)			(21,750)			(80,562)
Total long-term lease obligations		$	174,179		$	79,314		$	253,493