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Leases (Tables)

3 Months Ended

Mar. 31, 2025

Leases [Abstract]

Summary of Lease Costs

Lease costs consist of the following:


		Three Months Ended March 31,
		2025				2024
		(in thousands)
Finance lease expense
Amortization		$	344			$	345
Interest expense			259				256
Operating lease expense			7,685				7,205
Short term lease expense			452				364
		$	8,740			$	8,170

Schedule of Impact of Leasing on Consolidated Balance Sheets

The impact of leasing on the Consolidated Balance Sheets consists of the following:


		Classification on the
		Consolidated Balance Sheets		March 31, 2025				December 31, 2024
				(in thousands)
Assets
Finance lease assets		Property, plant and equipment, net		$	19,919			$	20,262
Operating lease assets		Operating lease right of use asset, net			168,918				172,206
Total lease assets				$	188,837			$	192,468
Current liabilities
Finance lease liabilities		Current portion of long-term debt		$	833			$	835
Operating lease liabilities		Operating lease liabilities			17,003				17,663
Non-current liabilities
Finance lease liabilities		Long-term debt			17,467				17,540
Operating lease liabilities		Long-term operating lease liabilities			161,790				164,224
Total lease liabilities				$	197,093			$	200,262

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases consisted of the following:


		Three Months Ended March 31,
		2025				2024
		(in thousands)
Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases		$	7,487			$	6,970
Operating cash flows from finance leases			259				233
Financing cash flows from finance leases			225				207
Right of use assets obtained in exchange for lease liabilities:
Operating lease right of use asset			1,430				764
Finance lease asset			—				111

Schedule of Future Minimum Operating Lease Payments

Future minimum operating lease payments consist of the following for the twelve months ending December 31:


		Operating Leases
		(in thousands)
2025 (excluding the three months ended March 31, 2025)		$	21,111
2026			24,215
2027			22,680
2028			22,214
2029			19,636
Thereafter			171,040
Total future minimum payments			280,896
Less imputed interest			102,103
Present value of minimum payments		$	178,793

Schedule of Weighted Average Remaining Lease Term and Borrowing Rate

Weighted average remaining lease term and borrowing rate consisted of the following:


		March 31, 2025								December 31, 2024
		Operating Leases				Finance Leases				Operating Leases				Finance Leases
Weighted average remaining lease term (in years)			16.0				19.3				16.0				19.5
Weighted average borrowing rate			6.2	%			4.7	%			6.2	%			4.7	%