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Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Components of Lease Expense
The following table presents the components of lease expense for the periods ended:
Three months ended March 31,
(in thousands)20252024
Operating lease cost$1,418 $1,434 
Short-term lease cost45 52 
Variable lease cost (income)(10)13 
Total lease cost$1,453 $1,499 
Supplemental Cash Flow Information Related to Leases
The following table presents supplemental cash flow information related to leases for the periods ended:
Three months ended March 31,
(in thousands)20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$1,509 $1,568 
ROUA obtained in exchange for operating lease liabilities$471 $1,327 
Weighted Average Operating Lease Term And Discount Rate
The following table presents the weighted average operating lease term and discount rate as of the period ended:
March 31,
20252024
Weighted-average remaining lease term (years)7.67.9
Weighted-average discount rate3.56 %3.42 %
Future Expected Operating Lease Payments
At March 31, 2025, future expected operating lease payments are as follows:
(in thousands)
Periods ending December 31,
2025$4,207 
20265,125 
20274,465 
20283,280 
20292,327 
Thereafter8,779 
28,183 
Discount for present value of expected cash flows(3,526)
Lease liability at March 31, 2025$24,657