| Leases |
NOTE 5 – LEASES The Company leases certain office space, retail stores, distribution centers, and equipment under long-term, non-cancelable operating leases. The following table summarizes Total lease cost for the three and six months ended June 30, 2026 and 2025, which were primarily included in “Selling, general and administrative expenses” on the accompanying Condensed Consolidated Statements of Income (in thousands): | | | | | | | | | | | | | | | For the Three Months Ended | | For the Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | Operating lease cost | | $ | 118,090 | | $ | 114,271 | | $ | 236,803 | | $ | 225,470 | Short-term operating lease cost | | | 4,535 | | | 2,105 | | | 6,521 | | | 4,884 | Variable operating lease cost | | | 33,627 | | | 32,249 | | | 66,258 | | | 64,974 | Sublease income | | | (972) | | | (1,025) | | | (1,980) | | | (2,272) | Total lease cost | | $ | 155,280 | | $ | 147,600 | | $ | 307,602 | | $ | 293,056 |
The following table summarizes other lease-related information for the six months ended June 30, 2026 and 2025: | | | | | | | | | | For the Six Months Ended | | | June 30, | | | 2026 | | 2025 | Cash paid for amounts included in the measurement of operating lease liabilities: | | | | | | | | Operating cash flows from operating leases | | $ | 235,202 | | $ | 221,991 | Right-of-use assets obtained in exchange for new operating lease liabilities | | | 269,406 | | | 221,591 |
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