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Lessor Leases | 12 Months Ended
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Dec. 31, 2025
Leases [Abstract] |
Lessor Leases | Lessor Leases Sales-Type Leases The following table presents the Company’s income recognized from sales-type leases:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
| (In thousands)
Sales-type lease revenues | $ | 26,903 |  |  | $ | 31,624 |  |  | $ | 36,208 |
Cost of sales-type lease revenues | (14,242) |  |  | (18,518) |  |  | (18,093) |
Selling profit on sales-type lease revenues | $ | 12,661 |  |  | $ | 13,106 |  |  | $ | 18,115 |
The receivables as a result of these types of transactions are collateralized by the underlying equipment leased and consist of the following components:
| December 31,
| 2025 |  | 2024
| (In thousands)
Net minimum lease payments to be received | $ | 88,372 |  |  | $ | 77,976 |
Less: Unearned interest income portion | (12,982) |  |  | (12,757) |
Net investment in sales-type leases | 75,390 |  |  | 65,219 |
Less: Current portion (1) | (14,648) |  |  | (12,475) |
Long-term investment in sales-type leases, net | $ | 60,742 |  |  | $ | 52,744 |
_________________________________________________ (1) The current portion of the net investment in sales-type leases is included in other current assets in the Consolidated Balance Sheets. The carrying amount of the Company’s sales-type lease receivables is a reasonable estimate of fair value. The maturity schedule of future minimum lease payments under sales-type leases retained in-house and the reconciliation to the net investment in sales-type leases reported on the Consolidated Balance Sheets was as follows:
| December 31, 2025
| (In thousands)
2026 | $ | 17,859 |
2027 | 17,052 |
2028 | 15,968 |
2029 | 13,375 |
2030 | 10,181 |
Thereafter | 13,937 |
Total future minimum sales-type lease payments | 88,372 |
Present value adjustment | (12,982) |
Total net investment in sales-type leases | $ | 75,390 |
Lessor Leases | Lessor Leases Sales-Type Leases The following table presents the Company’s income recognized from sales-type leases:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
| (In thousands)
Sales-type lease revenues | $ | 26,903 |  |  | $ | 31,624 |  |  | $ | 36,208 |
Cost of sales-type lease revenues | (14,242) |  |  | (18,518) |  |  | (18,093) |
Selling profit on sales-type lease revenues | $ | 12,661 |  |  | $ | 13,106 |  |  | $ | 18,115 |
The receivables as a result of these types of transactions are collateralized by the underlying equipment leased and consist of the following components:
| December 31,
| 2025 |  | 2024
| (In thousands)
Net minimum lease payments to be received | $ | 88,372 |  |  | $ | 77,976 |
Less: Unearned interest income portion | (12,982) |  |  | (12,757) |
Net investment in sales-type leases | 75,390 |  |  | 65,219 |
Less: Current portion (1) | (14,648) |  |  | (12,475) |
Long-term investment in sales-type leases, net | $ | 60,742 |  |  | $ | 52,744 |
_________________________________________________ (1) The current portion of the net investment in sales-type leases is included in other current assets in the Consolidated Balance Sheets. The carrying amount of the Company’s sales-type lease receivables is a reasonable estimate of fair value. The maturity schedule of future minimum lease payments under sales-type leases retained in-house and the reconciliation to the net investment in sales-type leases reported on the Consolidated Balance Sheets was as follows:
| December 31, 2025
| (In thousands)
2026 | $ | 17,859 |
2027 | 17,052 |
2028 | 15,968 |
2029 | 13,375 |
2030 | 10,181 |
Thereafter | 13,937 |
Total future minimum sales-type lease payments | 88,372 |
Present value adjustment | (12,982) |
Total net investment in sales-type leases | $ | 75,390 |

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- Definition The entire disclosure of lessor's sales-type leases. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-30/tableOfContent + Details
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- Definition The entire disclosure for lessor's operating leases. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-30/tableOfContent + Details
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