v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Costs The table below presents the Company’s net lease cost and certain other information related to the Company’s leasing activities as of and for the periods indicated (dollars in thousands).
Three Months EndedSix Months Ended
June 30,
June 30,
Description:2026202520262025
Operating lease cost (1)$19,931 $23,296 $39,820 $47,644 
Lease cost (2)4,333 4,096 9,638 9,781 
Sublease income(11,207)(11,123)(22,328)(22,509)
Total lease cost, net (3)$13,057 $16,269 $27,130 $34,916 
Cash paid for amounts included in the measurement of operating lease liabilities$27,673 $38,380 $55,312 $67,037 
Cash receipts from sublease arrangements$11,571 $10,936 $22,930 $22,080 
Right-of-use assets obtained in exchange for new operating lease liabilities$1,817 $10,048 $27,698 $15,119 
(1)Included in operating lease cost was $8.0 million and $8.4 million for the three months ended June 30, 2026 and 2025, respectively, and $16.0 million and $16.9 million for the six months ended June 30, 2026 and 2025, respectively, for costs related to subleasing activities.
(2)These amounts are primarily variable lease and non-lease costs that are not fixed at the lease commencement date or are dependent on something other than an index or a rate.
(3)The Company did not capitalize any operating lease costs during any of the periods presented.
Schedule of Supplemental Balance Sheet Information
The table below indicates where the discounted operating lease payments from the above table are classified in the accompanying Condensed Consolidated Balance Sheets (in thousands).

June 30,December 31,
Description:20262025
Accounts payable and accrued liabilities$96,789 $96,076 
Operating lease liabilities253,426 270,200 
Total operating lease liabilities included in the Condensed Consolidated Balance Sheets$350,215 $366,276