LEASES (Tables)

6 Months Ended

Jun. 30, 2026

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


	Three Months Ended				Six Months Ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
Operating lease expense	$	17,243	$	18,423	$	35,150	$	36,220
Variable lease expense	6,921		5,996		13,009		12,082
Sublease income	(6,337)		(5,988)		(12,374)		(11,102)
Total operating lease expense	$	17,827	$	18,431	$	35,785	$	37,200

Schedule of Supplemental Cash Flow Information Related To Leases

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


	Three Months Ended				Six Months Ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	38,540	$	25,599	$	65,501	$	50,287
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	6,133	$	5,614	$	7,096	$	7,874
Decrease in operating lease right-of-use assets due to impairment	$	—	$	—	$	4,920	$	2,870

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases is as follows (in thousands, except lease term and discount rate):


	As of
	June 30, 2026			December 31, 2025
Operating lease right-of-use assets	$	237,518		$	260,341

Operating lease liability, current (included in Accrued liabilities)	87,708			87,425
Operating lease liability, non-current	386,410			435,899
Total operating lease liability	$	474,118		$	523,324

Weighted-average remaining term for operating leases (in years)	5.69			6.11
Weighted-average discount rate for operating leases	4.12		%	3.99		%

Schedule of Future Lease Payments under Operating Leases

Future lease payments under operating leases as of June 30, 2026 are as follows (in thousands):


Year Ending December 31,	Operating Leases (1)
2026 (remaining 6 months)	$	52,186
2027	102,713
2028	99,501
2029	95,886
2030	74,242
Thereafter	108,746
Total future lease payments	533,274
Less: imputed interest	(55,897)
Less: expected tenant improvement allowance	(3,259)
Total	$	474,118

(1) Non-cancelable sublease proceeds for the fiscal years ending December 31, 2026 (remaining 6 months), 2027, 2028, and 2029 of $9.3 million, $18.8 million, $18.8 million, and $12.0 million, respectively, are not included in the table above.