XML 41 R30.htm IDEA: XBRL DOCUMENT v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Expenses Related to Leasing Activity and Weighted Average Lease Terms and Interest Rates of Leases Held and Cash Outflows of Leasing Activity The components of lease cost were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
Lease TypeClassification2026202520262025
Operating lease expense(1)
Operating expenses$7,310 $6,991 $14,633 $13,818 
Financing lease amortizationOperating expenses143 149 281 299 
Financing lease interestInterest expense23 26 46 52 
Financing lease expense166 175 327 351 
Sublease income(2)
(150)(160)(343)(319)
Net lease cost$7,326 $7,006 $14,617 $13,850 
(1)    Includes short-term lease expense, which is immaterial.
(2)    The Company subleases excess property to third-party tenants. Sublease income is recognized on a straight-line basis over the sublease agreement and is recorded as an offset to operating lease expense.
The weighted average lease terms and interest rates of leases held as of June 30, 2026 and December 31, 2025 were as follows:
June 30, 2026December 31, 2025
Operating Leases
Finance Leases
Operating Leases
Finance Leases
Weighted average remaining lease term
6.2 years3.0 years6.0 years3.2 years
Weighted average interest rate
7.4%6.9%7.5%7.1%

The cash outflows of leasing activity for the six months ended June 30, 2026 and 2025 were as follows (in thousands):
Six Months Ended June 30,
Cash Flow SourceClassification20262025
Operating cash flows from operating leasesOperating activities$(13,940)$(13,111)
Operating cash flows from financing leasesOperating activities$(48)$(54)
Financing cash flows from financing leasesFinancing activities$(329)$(296)
Schedule of Value of Net Assets and Liabilities Related to Operating and Finance Leases
The value of net assets and liabilities related to our operating and finance leases as of June 30, 2026 and December 31, 2025 was as follows (in thousands):
Lease TypeJune 30, 2026December 31, 2025
Total right of use operating lease assets
$107,605 $111,117 
Total right of use financing lease assets
1,633 1,573 
Total lease assets$109,238 $112,690 
Total current operating lease obligation
$20,731 $20,030 
Total current financing lease obligation
603 594 
Total current lease obligation$21,334 $20,624 
Total long-term operating lease obligation
$93,866 $98,022 
Total long-term financing lease obligation
775 799 
Total long-term lease obligation
$94,641 $98,821 
Schedule of Value of Lease Liabilities Related to Operating Leases
The value of lease liabilities related to our operating and finance leases and sublease income as of June 30, 2026 was as follows (in thousands):
Maturity Date of Lease LiabilitiesOperating LeasesFinancing LeasesTotalSublease Income
Remaining 2026$13,804 $357 $14,161 $183 
202727,621 516 28,137 41 
202825,233 375 25,608 42 
202921,405 184 21,589 43 
203014,160 70 14,230 29 
Thereafter42,927 8 42,935 — 
Total lease payments145,150 1,510 146,660 338 
Less: Interest(30,553)(132)(30,685)— 
Present value of lease liabilities$114,597 $1,378 $115,975 $338 
Schedule of Value of Lease Liabilities Related to Finance Leases
The value of lease liabilities related to our operating and finance leases and sublease income as of June 30, 2026 was as follows (in thousands):
Maturity Date of Lease LiabilitiesOperating LeasesFinancing LeasesTotalSublease Income
Remaining 2026$13,804 $357 $14,161 $183 
202727,621 516 28,137 41 
202825,233 375 25,608 42 
202921,405 184 21,589 43 
203014,160 70 14,230 29 
Thereafter42,927 8 42,935 — 
Total lease payments145,150 1,510 146,660 338 
Less: Interest(30,553)(132)(30,685)— 
Present value of lease liabilities$114,597 $1,378 $115,975 $338