| Schedule of components of lease cost |
The following table details the components of our lease cost (in thousands): | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | Operating lease cost | | $ | 22,525 | | $ | 23,022 | | $ | 45,136 | | $ | 43,925 | Variable lease cost | | | 1,219 | | | 2,685 | | | 1,695 | | | 5,030 | Short-term lease cost | | | 6,700 | | | 9,812 | | | 14,602 | | | 17,234 | Sublease income | | | (30) | | | (29) | | | (60) | | | (58) | Net lease cost | | $ | 30,414 | | $ | 35,490 | | $ | 61,373 | | $ | 66,131 |
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| Schedule of maturities of operating lease liabilities |
Maturities of our operating lease liabilities as of June 30, 2026 are as follows (in thousands): | | | | | | | | | | | | | | | Facilities and | | | | | | Vessels | | Equipment | | Total | Less than one year | | $ | 80,825 | | $ | 3,512 | | $ | 84,337 | One to two years | | | 79,671 | | | 4,891 | | | 84,562 | Two to three years | | | 59,651 | | | 3,006 | | | 62,657 | Three to four years | | | 54,967 | | | 4,797 | | | 59,764 | Four to five years | | | 43,259 | | | 3,884 | | | 47,143 | Over five years | | | 16,841 | | | 10,273 | | | 27,114 | Total lease payments | | | 335,214 | | | 30,363 | | | 365,577 | Less: imputed interest | | | (51,840) | | | (7,644) | | | (59,484) | Total operating lease liabilities | | $ | 283,374 | | $ | 22,719 | | $ | 306,093 | | | | | | | | | | | Current operating lease liabilities | | $ | 61,951 | | $ | 2,843 | | $ | 64,794 | Non-current operating lease liabilities | | | 221,423 | | | 19,876 | | | 241,299 | Total operating lease liabilities | | $ | 283,374 | | $ | 22,719 | | $ | 306,093 |
Maturities of our operating lease liabilities as of December 31, 2025 are as follows (in thousands): | | | | | | | | | | | | | | | Facilities and | | | | | | Vessels | | Equipment | | Total | Less than one year | | $ | 77,129 | | $ | 3,627 | | $ | 80,756 | One to two years | | | 76,334 | | | 4,129 | | | 80,463 | Two to three years | | | 65,278 | | | 3,905 | | | 69,183 | Three to four years | | | 53,006 | | | 3,869 | | | 56,875 | Four to five years | | | 59,020 | | | 4,636 | | | 63,656 | Over five years | | | 27,237 | | | 11,950 | | | 39,187 | Total lease payments | | | 358,004 | | | 32,116 | | | 390,120 | Less: imputed interest | | | (60,774) | | | (8,530) | | | (69,304) | Total operating lease liabilities | | $ | 297,230 | | $ | 23,586 | | $ | 320,816 | | | | | | | | | | | Current operating lease liabilities | | $ | 57,240 | | $ | 2,968 | | $ | 60,208 | Non-current operating lease liabilities | | | 239,990 | | | 20,618 | | | 260,608 | Total operating lease liabilities | | $ | 297,230 | | $ | 23,586 | | $ | 320,816 |
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