Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2025

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL CASH FLOW INFORMATION

Supplemental cash flow information for the nine months ended September 30, 2025 and 2024 was as follows (in thousands):


	Nine Months Ended September 30,
	2025		2024
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest, all of which was capitalized to inventories	$	47,392	$	26,549
Cash paid for income taxes	$	3,904	$	2,505
Noncash lease expense	$	2,197	$	2,087

NONCASH INVESTING AND FINANCING ACTIVITIES:


Adjustment to liability recognized under TRA	$	425	$	143
Senior Notes due 2025 exchanged for Senior Notes due 2028 (see Note 10)	$	—	$	523,500

Accrued financing costs	$	1,174	$	—

Accrued Hearthstone Venture acquisition consideration	$	162	$	—

Noncash lease expense is included within the depreciation and amortization adjustment to net income on the Company’s condensed consolidated statements of cash flows.

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows for the nine months ended September 30, 2025 and 2024 (in thousands):


	September 30, 2025		September 30, 2024
Cash and cash equivalents	$	351,127	$	224,521
Restricted cash and certificates of deposit	992		992
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows	$	352,119	$	225,513

Amounts included in restricted cash and certificates of deposit represent amounts held as collateral on open letters of credit related to development obligations or because of other contractual obligations of the Company that require the restriction.