v3.26.1
Leases and Other Commitments
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases and Other Commitments Leases and Other Commitments
The Company has commitments under operating leases for certain facilities, vehicles and equipment used in its operations. Cash used in operations for operating leases was not materially different from operating lease expense for the six months ended June 30, 2026 and 2025. The Company's leases have a weighted average remaining lease term of approximately six years.
The components of lease expense were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
(In thousands)
Operating lease cost$21,752 $22,962 $42,952 $43,237 
Variable lease cost4,112 3,857 7,808 7,202 
Total lease cost$25,864 $26,819 $50,760 $50,439 
Supplemental balance sheet information related to leases was as follows:
June 30,
2026		December 31,
2025
(In thousands)
Right of use assets, net$259,308 $273,142 
Lease liabilities included in Accrued Liabilities and other61,826 61,133 
Lease liabilities included in Other long-term liabilities212,944 227,066 
Total lease liabilities$274,770 $288,199 
Maturities of lease liabilities as of June 30, 2026 were as follows:
Lease Liability Maturity Analysis
Operating Leases
(In thousands)
Remaining 2026$37,517 
202768,429 
202852,927 
202943,994 
203035,431 
Thereafter82,319 
Total lease payments320,617 
Less: imputed interest45,847 
$274,770 
The Company does not have any significant leases that have not yet commenced.
Other Commitments
In the ordinary course of its business, the Company issues guarantees, stand-by letters of credit and surety bonds to provide financial or performance assurance to third parties on behalf of its consolidated subsidiaries to support or enhance the subsidiary's stand-alone creditworthiness. At June 30, 2026, the maximum amount of future payment obligations relative to these various guarantees was $326.4 million and the outstanding liability under certain of those guarantees was $187.9 million.