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Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Schedule of Components of Lease Expense

The following table presents components of lease expense for the three and nine months ended September 30, 2024 and 2023:

			Three Months Ended September 30,									Nine Months Ended September 30,
(in thousands)			2024			2023						2024			2023
Operating lease expense			$	3,471		$	4,701					$	9,993		$	11,562
Short-term lease expense(a)			16,682			12,881						42,550			39,492
			20,153			17,582						52,543			51,054
Less: Sublease income			202			198						604			590
Total lease expense			$	19,951		$	17,384					$	51,939		$	50,464

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(a)Short-term lease expense includes all leases with lease terms of up to one year. Short-term leases include, among other things, construction equipment rented on an as-needed basis as well as temporary housing.

Schedule of Supplemental Financial Statement Information Related to Leases

The following table presents supplemental balance sheet information related to operating leases:

(dollars in thousands)			Balance Sheet Line Item			As of September 30, 2024			As of December 31, 2023
Assets
Right-of-use assets			Other assets			$	51,405		$	48,878
Total lease assets						$	51,405		$	48,878
Liabilities
Current lease liabilities			Accrued expenses and other current liabilities			$	6,925		$	6,275
Long-term lease liabilities			Other long-term liabilities			49,989			47,781
Total lease liabilities						$	56,914		$	54,056
Weighted-average remaining lease term						9.5 years			10.3 years
Weighted-average discount rate						11.95		%	12.13		%

The following table presents supplemental cash flow information and non-cash activity related to operating leases:

			Nine Months Ended September 30,
(in thousands)			2024			2023
Operating cash flow information:
Cash paid for amounts included in the measurement of lease liabilities			$	(9,663)		$	(11,484)
Non-cash activity:
Right-of-use assets obtained in exchange for lease liabilities			$	7,772		$	3,629

Schedule of Maturity of Operating Lease Liabilities on an Undiscounted Basis

The following table presents maturities of operating lease liabilities on an undiscounted basis as of September 30, 2024:

Year (in thousands)			Operating Leases
2024 (excluding the nine months ended September 30, 2024)			$	3,249
2025			12,532
2026			10,597
2027			9,145
2028			9,044
Thereafter			53,073
Total lease payments			97,640
Less: Imputed interest			40,726
Total			$	56,914

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- Definition

Supplemental Financial Statement Information Related To Leases [Table Text Block]

+ References

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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

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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