XML 32 R20.htm IDEA: XBRL DOCUMENT v3.25.1

LEASES

3 Months Ended

Mar. 31, 2025

LEASES

LEASES

NOTE 12.    LEASES

Components of total operating lease cost were as follows:

​

​	​	​	​	​	​	​
​	​	Three Months Ended March 31,
​		2025			2024
​	​	(in millions)
Operating lease cost	​	$	6.5	​	$	5.9
Short-term and variable lease cost	​	​	1.4	​	​	0.7
Total operating lease cost	​	$	7.9	​	$	6.6

​

Estimated future payments on our operating lease liabilities are as follows:

​

​	​	​	​
Year Ending December 31,		​	(in millions)
2025 (remaining)	​	$	19.6
2026	​		21.4
2027	​		18.2
2028	​	​	17.9
2029	​	​	14.7
Thereafter	​	​	58.9
Total lease payments	​	​	150.7
Less: Interest	​	​	(34.8)
Present value of lease liabilities	​	$	115.9

​

In addition to the above, we have a lease agreement with total payments of $7.1 million that commences in the second quarter of 2025 and extends through 2040.

The following tables present additional information about our lease agreements:

​

​	​	​	​	​	​	​	​	​
​	​	March 31,		​	​	December 31,		​
​		2025				2024		​
Weighted average remaining lease term (in years)	​	​	8.1	​	​	​	8.4	​
Weighted average discount rate	​		6.2	%	​	​	6.1	%

​

​	​	​	​	​	​	​
​	Three Months Ended March 31,					​
​	2025			2024
​	(in millions)					​
Cash paid for operating leases	$	6.3	​	$	5.7	​
Right-of-use assets obtained in exchange for operating lease liabilities	$	12.3	​	$	16.8	​

​

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/842-20/tableOfContent

+ Details

Name:	us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration