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Leases (Tables) | 9 Months Ended
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Sep. 30, 2024
Leases [Abstract] |
Schedule of Supplemental Balance Sheet Information Related Leases Assets and Liabilities | The following table presents supplemental balance sheet information related to lease assets and liabilities:
(in thousands) | Classification |  | September 30, 2024 |  |  | December 31, 2023 |
Assets |  |  |  |  |  |  |
Operating lease assets | Other long-term assets |  | $ | 10,927 |  |  | $ | 10,169 |
Finance lease assets 1 | Property, plant and equipment, net |  |  | 12,436 |  |  |  | 11,281 |
Total lease assets |  |  | $ | 23,363 |  |  | $ | 21,450 |
Liabilities |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |
Operating lease liabilities | Accounts payable and accrued liabilities |  | $ | 3,032 |  |  | $ | 2,575 |
Finance lease liabilities | Accounts payable and accrued liabilities |  |  | 5,285 |  |  |  | 4,525 |
Noncurrent: |  |  |  |  |  |  |
Operating lease liabilities | Other long-term obligations |  |  | 7,727 |  |  |  | 7,590 |
Finance lease liabilities | Other long-term obligations |  |  | 7,069 |  |  |  | 6,699 |
Total lease liabilities |  |  | $ | 23,113 |  |  | $ | 21,389 |
1 | Finance lease assets are presented net of accumulated amortization of $13.6 million and $9.6 million at September 30, 2024 and December 31, 2023, respectively.
Schedule of Components of Lease Expense | The following table presents the components of lease expense:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
(in thousands) |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Operating lease costs 1 |  | $ | 893 |  |  | $ | 772 |  |  | $ | 2,593 |  |  | $ | 2,454 |
Finance lease costs: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of leased assets |  |  | 1,441 |  |  |  | 1,206 |  |  |  | 4,061 |  |  |  | 3,768 |
Interest expense |  |  | 152 |  |  |  | 115 |  |  |  | 431 |  |  |  | 339 |
Net lease costs |  | $ | 2,486 |  |  | $ | 2,093 |  |  | $ | 7,085 |  |  | $ | 6,561 |
1 | Excludes short-term leases and variable lease costs, which are immaterial.
Schedule of Supplemental Cash Flow Information Related Leases | The following table presents supplemental cash flow information related to leases:
|  |  | Nine Months Ended September 30, |
(in thousands) |  |  | 2024 |  |  | 2023 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows for operating leases |  | $ | 2,757 |  |  | $ | 2,498 |
Operating cash flows for finance leases |  | $ | 431 |  |  | $ | 339 |
Financing cash flows for finance leases |  | $ | 4,142 |  |  | $ | 3,662 |
Leased assets exchanged for new lease liabilities: |  |  |  |  |  |
Operating leases |  | $ | 2,989 |  |  | $ | 2,407 |
Finance leases |  | $ | 5,215 |  |  | $ | 2,604 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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