XML 21 R15.htm IDEA: XBRL DOCUMENT
v3.25.1

Leases | 3 Months Ended
--- | ---
Mar. 31, 2025
Leases [Abstract] |
Leases | 7. LEASES Lease cost is recognized in both the Cost of Sales and Operating Expenses sections of the Condensed Consolidated Statements of Income.
(In thousands) |  | Three Months Ended March 31, |
|  | 2025 |  |  | 2024 |
Lease Cost |  |  |  |  |  |
Operating lease cost |  | $ | 4,762 |  |  | $ | 4,493 |
Short-term lease cost |  |  | 2,518 |  |  |  | 2,687 |
Variable lease cost |  |  | 375 |  |  |  | 443 |
Total lease cost |  | $ | 7,655 |  |  | $ | 7,623 |
Other Information |  |  |  |  |  |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flow from operating leases |  | $ | 4,776 |  |  | $ | 4,488 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  |  | 222 |  |  |  | 989 |
The following table outlines the maturities of lease liabilities as of March 31, 2025.
(In thousands) |  |  |
Undiscounted Cash Flows: |  |  |
2025 (excluding the three months ended March 31, 2025) |  | $ | 13,800 |
2026 |  |  | 13,621 |
2027 |  |  | 10,467 |
2028 |  |  | 8,190 |
2029 |  |  | 7,567 |
Subsequent to 2029 |  |  | 30,106 |
Total Undiscounted Cash Flows |  | $ | 83,751 |
Less: Imputed interest |  |  | (11,772 | )
Present value |  | $ | 71,979 |
Current operating lease liabilities (1) |  |  | 15,019 |
Non-current operating lease liabilities |  |  | 56,960 |
Total lease liabilities |  | $ | 71,979 |
(1) This item is included in the Accrued liabilities line on the Company’s Condensed Consolidated Balance Sheet.
Weighted-average remaining lease term-operating leases |  | 8 Years |
Weighted-average discount rate-operating leases |  |  | 4.0 | %
As of March 31, 2025, the Company had no leases that had not already commenced.

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration