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v3.25.2

Leases | 6 Months Ended
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Jun. 30, 2025
Leases [Abstract] |
Leases | Leases Lease Costs The components of lease expense were as follows:
| Three Months Ended June 30 |  | Six Months Ended June 30
| 2025 |  | 2024 |  | 2025 |  | 2024
| (thousands)
Operating lease cost | $ | 3,605 |  |  | $ | 3,493 |  |  | $ | 7,021 |  |  | $ | 6,968 |
Finance lease cost |  |  |  |  |  |  |
Amortization of right-of-use assets | 545 |  |  | 624 |  |  | 1,145 |  |  | 1,241 |
Interest on lease liabilities | 493 |  |  | 542 |  |  | 996 |  |  | 1,083 |
Variable lease cost | 1,414 |  |  | 1,584 |  |  | 2,906 |  |  | 3,161 |
Short-term lease cost | 1,592 |  |  | 1,350 |  |  | 3,285 |  |  | 2,814 |
Sublease income | (64) |  |  | (32) |  |  | (117) |  |  | (79) |
Total lease cost | $ | 7,585 |  |  | $ | 7,561 |  |  | $ | 15,236 |  |  | $ | 15,188 |
Other Information Supplemental cash flow information related to leases was as follows:
| Six Months Ended June 30 |
| 2025 |  | 2024 |
| (thousands) |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |
Operating cash flows from operating leases | $ | 6,797 |  |  | $ | 6,470 |  |
Operating cash flows from finance leases | 995 |  |  | 1,065 |  |
Financing cash flows from finance leases | 943 |  |  | 952 |  |
Right-of-use assets obtained in exchange for lease obligations |  |  |  |
Operating leases | 8,885 |  |  | 1,955 |  |
Finance leases | — |  |  | 803 |  |
Other information related to leases was as follows:
| June 30, 2025 |  | December 31, 2024 |  |  |  |
Weighted-average remaining lease term (years) |  |  |  |  |  |  |
Operating leases | 7 |  | 7 |  |  |  |
Finance leases | 12 |  | 13 |  |  |  |
Weighted-average discount rate |  |  |  |  |  |  |
Operating leases | 5.9 | % |  | 5.9 | % |  |  |  |
Finance leases | 8.6 | % |  | 7.5 | % |  |  |  |
As of June 30, 2025, our minimum lease payment requirements for noncancelable operating and finance leases are as follows:
|  | Operating Leases |  | Finance Leases
|  | (thousands)
Remainder of 2025 |  | $ | 7,192 |  |  | $ | 1,203 |
2026 |  | 11,793 |  |  | 2,417 |
2027 |  | 11,238 |  |  | 2,462 |
2028 |  | 8,883 |  |  | 2,293 |
2029 |  | 8,158 |  |  | 2,252 |
Thereafter |  | 23,244 |  |  | 17,087 |
Total future minimum lease payments |  | 70,508 |  |  | 27,714 |
Less: interest |  | (13,341) |  |  | (10,510) |
Total lease obligations |  | 57,167 |  |  | 17,204 |
Less: current obligations |  | (10,320) |  |  | (1,024) |
Long-term lease obligations |  | $ | 46,847 |  |  | $ | 16,180 |
As of June 30, 2025, the undiscounted future lease payments for additional leases that have not yet commenced was approximately $9 million. This lease is expected to commence in 2025 with a lease term of approximately 9 years.
Leases | Leases Lease Costs The components of lease expense were as follows:
| Three Months Ended June 30 |  | Six Months Ended June 30
| 2025 |  | 2024 |  | 2025 |  | 2024
| (thousands)
Operating lease cost | $ | 3,605 |  |  | $ | 3,493 |  |  | $ | 7,021 |  |  | $ | 6,968 |
Finance lease cost |  |  |  |  |  |  |
Amortization of right-of-use assets | 545 |  |  | 624 |  |  | 1,145 |  |  | 1,241 |
Interest on lease liabilities | 493 |  |  | 542 |  |  | 996 |  |  | 1,083 |
Variable lease cost | 1,414 |  |  | 1,584 |  |  | 2,906 |  |  | 3,161 |
Short-term lease cost | 1,592 |  |  | 1,350 |  |  | 3,285 |  |  | 2,814 |
Sublease income | (64) |  |  | (32) |  |  | (117) |  |  | (79) |
Total lease cost | $ | 7,585 |  |  | $ | 7,561 |  |  | $ | 15,236 |  |  | $ | 15,188 |
Other Information Supplemental cash flow information related to leases was as follows:
| Six Months Ended June 30 |
| 2025 |  | 2024 |
| (thousands) |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |
Operating cash flows from operating leases | $ | 6,797 |  |  | $ | 6,470 |  |
Operating cash flows from finance leases | 995 |  |  | 1,065 |  |
Financing cash flows from finance leases | 943 |  |  | 952 |  |
Right-of-use assets obtained in exchange for lease obligations |  |  |  |
Operating leases | 8,885 |  |  | 1,955 |  |
Finance leases | — |  |  | 803 |  |
Other information related to leases was as follows:
| June 30, 2025 |  | December 31, 2024 |  |  |  |
Weighted-average remaining lease term (years) |  |  |  |  |  |  |
Operating leases | 7 |  | 7 |  |  |  |
Finance leases | 12 |  | 13 |  |  |  |
Weighted-average discount rate |  |  |  |  |  |  |
Operating leases | 5.9 | % |  | 5.9 | % |  |  |  |
Finance leases | 8.6 | % |  | 7.5 | % |  |  |  |
As of June 30, 2025, our minimum lease payment requirements for noncancelable operating and finance leases are as follows:
|  | Operating Leases |  | Finance Leases
|  | (thousands)
Remainder of 2025 |  | $ | 7,192 |  |  | $ | 1,203 |
2026 |  | 11,793 |  |  | 2,417 |
2027 |  | 11,238 |  |  | 2,462 |
2028 |  | 8,883 |  |  | 2,293 |
2029 |  | 8,158 |  |  | 2,252 |
Thereafter |  | 23,244 |  |  | 17,087 |
Total future minimum lease payments |  | 70,508 |  |  | 27,714 |
Less: interest |  | (13,341) |  |  | (10,510) |
Total lease obligations |  | 57,167 |  |  | 17,204 |
Less: current obligations |  | (10,320) |  |  | (1,024) |
Long-term lease obligations |  | $ | 46,847 |  |  | $ | 16,180 |
As of June 30, 2025, the undiscounted future lease payments for additional leases that have not yet commenced was approximately $9 million. This lease is expected to commence in 2025 with a lease term of approximately 9 years.

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance 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
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- 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
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