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Leases and Other (Tables) | 9 Months Ended
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Sep. 30, 2025
Leases [Abstract] |
Summary of Balance Sheet Presentation of Operating and Finance Leases | The balance sheet presentation of our operating and finance leases is as follows:
|  |  |  | September 30, |  |  | December 31, |
(in thousands) |  | Classification on the Condensed Consolidated Balance Sheet |  | 2025 |  |  | 2024 |
Assets: |  |  |  |  |  |  |  |
Operating lease ROU assets |  | Operating lease right-of-use assets |  | $ | 25,619 |  |  | $ | 26,765 |
Finance lease ROU assets, net |  | Property and equipment, net |  |  | 54,645 |  |  |  | 48,103 |
Total lease ROU assets |  |  |  | $ | 80,264 |  |  | $ | 74,868 |
Liabilities: |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |
Operating lease obligations |  | Operating lease obligations |  | $ | 3,303 |  |  | $ | 3,084 |
Finance lease obligations |  | Current portion of debt and finance lease obligations |  |  | 1,257 |  |  |  | 883 |
Noncurrent: |  |  |  |  |  |  |  |
Operating lease obligations |  | Long-term operating lease obligations |  |  | 34,865 |  |  |  | 36,336 |
Finance lease obligations |  | Long-term debt and finance lease obligations |  |  | 59,279 |  |  |  | 57,684 |
Total lease liabilities |  |  |  | $ | 98,704 |  |  | $ | 97,987 |
Components of Lease Expense | The components of lease expense consisted of the following:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
(in thousands) |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Finance lease cost: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of ROU assets |  | $ | 519 |  |  | $ | 482 |  |  | $ | 1,505 |  |  | $ | 1,520 |
Interest on lease liabilities |  |  | 1,384 |  |  |  | 1,343 |  |  |  | 4,050 |  |  |  | 4,043 |
Operating lease cost |  |  | 1,675 |  |  |  | 1,671 |  |  |  | 5,069 |  |  |  | 4,988 |
Short-term lease cost |  |  | 1,055 |  |  |  | 1,237 |  |  |  | 2,316 |  |  |  | 2,422 |
Variable lease cost |  |  | 77 |  |  |  | 31 |  |  |  | 137 |  |  |  | 94 |
Total lease cost, net |  | $ | 4,710 |  |  | $ | 4,764 |  |  | $ | 13,077 |  |  | $ | 13,067 |
Schedule of Other Information Related to Operating and Finance Leases | Other information related to operating and finance leases are as follows:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
(in thousands) |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 1,829 |  |  | $ | 1,645 |  |  | $ | 5,325 |  |  | $ | 4,977 |
Operating cash flows from finance leases |  | $ | 1,584 |  |  | $ | 1,528 |  |  | $ | 4,703 |  |  | $ | 4,535 |
Financing cash flows from finance leases |  | $ | 250 |  |  | $ | 214 |  |  | $ | 710 |  |  | $ | 789 |
ROU assets obtained in exchange for lease obligations: |  |  |  |  |  |  |  |  |  |  |  |
Operating leases |  | $ | 3 |  |  | $ | 795 |  |  | $ | 2,142 |  |  | $ | 1,186 |
|  |  |  |  |  | September 30, |  |  | December 31, |
|  |  |  |  |  | 2025 |  |  | 2024 |
Weighted-average remaining lease term (years): |  |  |  |  |  |  |  |  |  |
Operating leases |  |  |  |  |  |  | 10.2 |  |  |  | 10.8 |
Finance leases |  |  |  |  |  |  | 33.8 |  |  |  | 35.0 |
Weighted-average discount rate: |  |  |  |  |  |  |  |  |  |
Operating leases |  |  |  |  |  |  | 7.3 | % |  |  | 7.3 | %
Finance leases |  |  |  |  |  |  | 9.2 | % |  |  | 9.2 | %
Schedule of Estimated Future Minimum Lease Payments Under Non-cancellable Leases Excluding Variable Leases and Variable Non-lease Components | As of September 30, 2025, the estimated future minimum lease payments under non-cancellable leases, excluding variable leases and variable non-lease components, include:
(in thousands) |  | Operating Leases |  |  | Finance Leases |  |  | Total |
Remainder of 2025 |  | $ | 1,159 |  |  | $ | 2,334 |  |  | $ | 3,493 |
2026 |  |  | 5,981 |  |  |  | 6,439 |  |  |  | 12,420 |
2027 |  |  | 5,327 |  |  |  | 6,315 |  |  |  | 11,642 |
2028 |  |  | 5,093 |  |  |  | 6,146 |  |  |  | 11,239 |
2029 |  |  | 5,101 |  |  |  | 6,146 |  |  |  | 11,247 |
Thereafter |  |  | 33,374 |  |  |  | 170,882 |  |  |  | 204,256 |
Total future lease payments |  |  | 56,035 |  |  |  | 198,262 |  |  |  | 254,297 |
Less: Amount representing interest |  |  | (17,867 | ) |  |  | (137,726 | ) |  |  | (155,593 | )
Present value of minimum lease payments |  |  | 38,168 |  |  |  | 60,536 |  |  |  | 98,704 |
Current portion |  |  | (3,303 | ) |  |  | (1,257 | ) |  |  | (4,560 | )
Long-term portion |  | $ | 34,865 |  |  | $ | 59,279 |  |  | $ | 94,144 |
Schedule of Estimated Future Minimum Rentals Under Non-cancellable Leases | As of September 30, 2025, the estimated future minimum rental income under non-cancellable leases, which includes rental income from facilities that we own, include:
(in thousands) |  |  |
Remainder of 2025 |  | $ | 492 |
2026 |  |  | 1,771 |
2027 |  |  | 1,050 |
2028 |  |  | 878 |
2029 |  |  | 741 |
Thereafter |  |  | 1,522 |
Total minimum rental income |  | $ | 6,454 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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