v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Components of Lease Expense
The components of lease expense were as follows.

 
Three Months Ended
   
Six Months Ended
 
   
June 30, 2026
   
June 30, 2025
   
June 30, 2026
   
June 30, 2025
 
    (In thousands)
 
Operating lease cost
 
$
13,149
   
$
12,058
   
$
26,189
   
$
23,774
 
Short-term lease cost
   
433
     
127
     
896
     
424
 
Variable lease cost
   
2,591
     
2,681
     
5,237
     
5,198
 
Sublease income
    (122 )     (111 )     (232 )     (217 )
Total lease cost
 
$
16,051
   
$
14,755
   
$
32,090
   
$
29,179
 
Supplemental Cash Flow Information Related to Leases

The supplemental cash flow information related to leases was as follows.




 
Three Months Ended
   
Six Months Ended
 
   
June 30, 2026
   
June 30, 2025
   
June 30, 2026
   
June 30, 2025
 

  (In thousands)
 
                         
Cash paid for amounts included in the measurement of operating lease liabilities
 
$
13,174
   
$
12,188
   
$
26,213
   
$
24,079
 
Right-of-use assets obtained in exchange for new operating lease liabilities
 
$
18,991
   
$
15,200
   
$
35,432
   
$
25,955
 
Future Lease Payments for Operating Leases

The aggregate future lease payments for operating leases as of June 30, 2026 were as follows.



 
Amount
 
For the Year Ending December 31,
 
(In thousands)
 
2026 (excluding the six months ended June 30, 2026)
 
$
25,892
 
2027
   
45,707
 
2028
   
35,764
 
2029
   
27,153
 
2030 and thereafter
   
53,936
 
Total lease payments
 
$
188,452
 
Less: imputed  interest
   
22,682
 
Total operating lease liabilities
 
$
165,770
 
Average Lease Terms and Discount Rates
Average lease terms and discount rates were as follows.

   
June 30, 2026
   
June 30, 2025
 
Weighted-average remaining lease term
 
5.0 years
   
4.5 years
 
Weighted-average discount rate
    5.1 %    
4.9
%