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Lease Commitments | 12 Months Ended
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Dec. 31, 2025
Leases [Abstract] |
Lease Commitments | Lease Commitments The following tables provide a summary of lease costs, weighted average remaining lease term and discount rate and future required fixed payments related to the Company’s leasing arrangements in which it is the lessee:
|  | Year Ended
(In thousands) |  | December 31, 2025 |  | December 31, 2024 |  | December 31, 2023
Operating lease cost |  | $ | 25,277 |  |  | $ | 23,446 |  |  | $ | 22,337 |
Finance lease cost: |  |  |  |  |  |
Amortization of right-of-use asset |  | 249 |  |  | 249 |  |  | 219 |
Interest on lease liability |  | 365 |  |  | 366 |  |  | 290 |
Short-term lease cost |  | 143 |  |  | 111 |  |  | 41 |
Variable lease cost |  | 3,640 |  |  | 2,865 |  |  | 2,391 |
Sublease income |  | — |  |  | (80) |  |  | (70) |
Total lease cost |  | $ | 29,674 |  |  | $ | 26,957 |  |  | $ | 25,208 |
|  | Year Ended
(In thousands) |  | December 31, 2025 |  | December 31, 2024
Cash paid for amounts included in the measurement of operating lease liabilities |  | $ | 25,584 |  |  | $ | 24,940 |
Cash paid for amounts included in the measurement of finance lease liabilities |  | 429 |  |  | 349 |
Right-of-use asset obtained in exchange for new operating lease liabilities |  | 11,230 |  |  | 9,538 |
Right-of-use asset obtained in exchange for new finance lease liabilities |  | — |  |  | 1,222 |
Weighted average remaining lease term - operating leases |  | 9.43 years |  | 9.87 years
Weighted average remaining lease term - finance leases |  | 34.89 |  | 36.49
Weighted average discount rate - operating leases |  | 4.43 | % |  | 4.30 | %
Weighted average discount rate - finance leases |  | 3.93 |  |  | 3.93 |
(In thousands) |  | Payments
2026 |  | $ | 24,679 |
2027 |  | 23,896 |
2028 |  | 21,925 |
2029 |  | 19,734 |
2030 |  | 13,686 |
2031 and thereafter |  | 92,705 |
Total minimum future amounts |  | $ | 196,625 |
Impact of measuring the lease liability on a discounted basis |  | (53,888) |
Total lease liability |  | $ | 142,737 |
In addition to the lessee arrangements discussed above, the Company also leases certain owned premises and receives rental income from such lessor agreements. Gross rental income related to the Company’s buildings totaled $5.9 million, $5.8 million and $6.3 million, in 2025, 2024 and 2023, respectively. The approximate annual gross rental receipts under noncancelable agreements with remaining terms in excess of one year as of December 31, 2025, are as follows (in thousands):
|  |  |  | Receipts
2026 |  |  |  | $ | 3,416 |
2027 |  |  |  | 2,791 |
2028 |  |  |  | 1,672 |
2029 |  |  |  | 1,152 |
2030 |  |  |  | 690 |
2031 and thereafter |  |  |  | 3,367 |
Total minimum future amounts |  |  |  | $ | 13,088 |
Lease Commitments | Lease Commitments The following tables provide a summary of lease costs, weighted average remaining lease term and discount rate and future required fixed payments related to the Company’s leasing arrangements in which it is the lessee:
|  | Year Ended
(In thousands) |  | December 31, 2025 |  | December 31, 2024 |  | December 31, 2023
Operating lease cost |  | $ | 25,277 |  |  | $ | 23,446 |  |  | $ | 22,337 |
Finance lease cost: |  |  |  |  |  |
Amortization of right-of-use asset |  | 249 |  |  | 249 |  |  | 219 |
Interest on lease liability |  | 365 |  |  | 366 |  |  | 290 |
Short-term lease cost |  | 143 |  |  | 111 |  |  | 41 |
Variable lease cost |  | 3,640 |  |  | 2,865 |  |  | 2,391 |
Sublease income |  | — |  |  | (80) |  |  | (70) |
Total lease cost |  | $ | 29,674 |  |  | $ | 26,957 |  |  | $ | 25,208 |
|  | Year Ended
(In thousands) |  | December 31, 2025 |  | December 31, 2024
Cash paid for amounts included in the measurement of operating lease liabilities |  | $ | 25,584 |  |  | $ | 24,940 |
Cash paid for amounts included in the measurement of finance lease liabilities |  | 429 |  |  | 349 |
Right-of-use asset obtained in exchange for new operating lease liabilities |  | 11,230 |  |  | 9,538 |
Right-of-use asset obtained in exchange for new finance lease liabilities |  | — |  |  | 1,222 |
Weighted average remaining lease term - operating leases |  | 9.43 years |  | 9.87 years
Weighted average remaining lease term - finance leases |  | 34.89 |  | 36.49
Weighted average discount rate - operating leases |  | 4.43 | % |  | 4.30 | %
Weighted average discount rate - finance leases |  | 3.93 |  |  | 3.93 |
(In thousands) |  | Payments
2026 |  | $ | 24,679 |
2027 |  | 23,896 |
2028 |  | 21,925 |
2029 |  | 19,734 |
2030 |  | 13,686 |
2031 and thereafter |  | 92,705 |
Total minimum future amounts |  | $ | 196,625 |
Impact of measuring the lease liability on a discounted basis |  | (53,888) |
Total lease liability |  | $ | 142,737 |
In addition to the lessee arrangements discussed above, the Company also leases certain owned premises and receives rental income from such lessor agreements. Gross rental income related to the Company’s buildings totaled $5.9 million, $5.8 million and $6.3 million, in 2025, 2024 and 2023, respectively. The approximate annual gross rental receipts under noncancelable agreements with remaining terms in excess of one year as of December 31, 2025, are as follows (in thousands):
|  |  |  | Receipts
2026 |  |  |  | $ | 3,416 |
2027 |  |  |  | 2,791 |
2028 |  |  |  | 1,672 |
2029 |  |  |  | 1,152 |
2030 |  |  |  | 690 |
2031 and thereafter |  |  |  | 3,367 |
Total minimum future amounts |  |  |  | $ | 13,088 |
Lease Commitments | Lease Commitments The following tables provide a summary of lease costs, weighted average remaining lease term and discount rate and future required fixed payments related to the Company’s leasing arrangements in which it is the lessee:
|  | Year Ended
(In thousands) |  | December 31, 2025 |  | December 31, 2024 |  | December 31, 2023
Operating lease cost |  | $ | 25,277 |  |  | $ | 23,446 |  |  | $ | 22,337 |
Finance lease cost: |  |  |  |  |  |
Amortization of right-of-use asset |  | 249 |  |  | 249 |  |  | 219 |
Interest on lease liability |  | 365 |  |  | 366 |  |  | 290 |
Short-term lease cost |  | 143 |  |  | 111 |  |  | 41 |
Variable lease cost |  | 3,640 |  |  | 2,865 |  |  | 2,391 |
Sublease income |  | — |  |  | (80) |  |  | (70) |
Total lease cost |  | $ | 29,674 |  |  | $ | 26,957 |  |  | $ | 25,208 |
|  | Year Ended
(In thousands) |  | December 31, 2025 |  | December 31, 2024
Cash paid for amounts included in the measurement of operating lease liabilities |  | $ | 25,584 |  |  | $ | 24,940 |
Cash paid for amounts included in the measurement of finance lease liabilities |  | 429 |  |  | 349 |
Right-of-use asset obtained in exchange for new operating lease liabilities |  | 11,230 |  |  | 9,538 |
Right-of-use asset obtained in exchange for new finance lease liabilities |  | — |  |  | 1,222 |
Weighted average remaining lease term - operating leases |  | 9.43 years |  | 9.87 years
Weighted average remaining lease term - finance leases |  | 34.89 |  | 36.49
Weighted average discount rate - operating leases |  | 4.43 | % |  | 4.30 | %
Weighted average discount rate - finance leases |  | 3.93 |  |  | 3.93 |
(In thousands) |  | Payments
2026 |  | $ | 24,679 |
2027 |  | 23,896 |
2028 |  | 21,925 |
2029 |  | 19,734 |
2030 |  | 13,686 |
2031 and thereafter |  | 92,705 |
Total minimum future amounts |  | $ | 196,625 |
Impact of measuring the lease liability on a discounted basis |  | (53,888) |
Total lease liability |  | $ | 142,737 |
In addition to the lessee arrangements discussed above, the Company also leases certain owned premises and receives rental income from such lessor agreements. Gross rental income related to the Company’s buildings totaled $5.9 million, $5.8 million and $6.3 million, in 2025, 2024 and 2023, respectively. The approximate annual gross rental receipts under noncancelable agreements with remaining terms in excess of one year as of December 31, 2025, are as follows (in thousands):
|  |  |  | Receipts
2026 |  |  |  | $ | 3,416 |
2027 |  |  |  | 2,791 |
2028 |  |  |  | 1,672 |
2029 |  |  |  | 1,152 |
2030 |  |  |  | 690 |
2031 and thereafter |  |  |  | 3,367 |
Total minimum future amounts |  |  |  | $ | 13,088 |

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