XML 49 R35.htm IDEA: XBRL DOCUMENT

Leases (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Components of Lease Cost Recognized

The components of lease cost recognized within the Company’s consolidated statements of operations were as follows (in thousands):


	Year Ended December 31,
	2025		2024		2023
Operating lease cost (1)	$	54,607	$	42,855	$	34,670
Short-term lease cost	13,591		6,624		8,797

_____________________

1)Includes non-cash lease expense of $35.5 million, $27.3 million, and $26.4 million for the years ended December 31, 2025, 2024 and 2023, respectively.

Schedule of Supplemental Cash Flow Information and Non-cash Activity

Supplemental cash flow information and non-cash activity related to the Company’s operating leases are as follows (in thousands):


	Year Ended December 31,
	2025		2024		2023
Cash paid for amounts included in measurement of lease liabilities	$	33,818	$	18,538	$	13,273
Operating lease assets obtained in exchange for new lease liabilities	75,254		75,177		61,594

Disclosed below is a summary of income taxes, net of refunds, paid by individual jurisdictions equaling 5% or more of the total for the year ended December 31, 2025, presented in accordance with the disclosure requirements of ASU 2023-09 (in thousands):


Income taxes paid
United States - Federal	$	4,049
United States - State and local	1,797
Foreign
Brazil	5,949
Netherlands	968
Other	4,886
Total income taxes paid	$	17,649

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities by fiscal year for the Company’s operating leases are as follows (in thousands):


	Amount
2026	$	57,189
2027	58,543
2028	49,567
2029	46,516
2030	46,964
Thereafter	116,461
Total lease payments	$	375,240
Less: imputed interest	(79,684)
Present value of lease liabilities	$	295,556

Schedule of Weighted Average Remaining Lease Term and Discount Rate

Weighted average remaining lease term and discount rate for the Company’s operating leases are as follows:


	December 31,
	2025	2024
Weighted average remaining lease term (years)	6.9	6.8
Weighted average discount rate	6.61%	6.69%