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LEASES
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
LEASES LEASES
Right-of-Use Assets and Operating Lease Liabilities

Amounts reported in the condensed consolidated balance sheets were:
June 30, 2026December 31, 2025
(in thousands)
Assets:
Right-of-use assets$337,548 $338,669 
Liabilities:
Current operating lease liabilities$90,144 $85,772 
Long-term operating lease liabilities291,400 297,192 
Total operating lease liabilities$381,544 $382,964 
Lease Costs and Other Information

Lease-related costs reported within ‘Cost of sales’ and ‘Selling, general and administrative expenses’ in our condensed consolidated statements of operations were:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands)
Operating lease cost $28,528 $25,552 $56,581 $49,738 
Short-term lease cost3,209 3,432 5,859 6,392 
Variable lease cost16,615 15,894 22,440 21,483 
Total lease costs$48,352 $44,878 $84,880 $77,613 

The weighted average remaining lease term and discount rate related to our lease liabilities as of June 30, 2026, was 5.2 years and 6.5%, respectively. As of June 30, 2025, the weighted average remaining lease term and discount rate related to our lease liabilities was 5.8 years and 6.6%, respectively.

Maturities

The maturities of our operating lease liabilities were:
As of
June 30, 2026
(in thousands)
2026 (remainder of year)$48,749 
2027103,324 
202883,059 
202965,710 
203049,653 
Thereafter104,462 
Total future minimum lease payments454,957 
Less: imputed interest(73,413)
Total operating lease liabilities$381,544