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Leases
 3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Leases Leases
We have operating and finance leases for our manufacturing facilities, warehouses, office space, automobiles, and certain equipment. Our leases have remaining lease terms of up to nine years, some of which may include one or more five-year renewal options. We have not included any of the renewal options in our operating lease payments as we concluded that it is not reasonably certain that we will exercise any of these renewal options. Leases with an initial term of twelve months or less are not recorded on the balance sheet. Operating lease expense is recognized on a straight-line basis over the lease term. Finance leases are not material.
The following tables provide quantitative disclosures related to our operating leases and include all operating leases acquired from the date of acquisition (in thousands, except where otherwise indicated):
Balance Sheet InformationMarch 31,
2025		December 31,
2024
Assets
Operating lease right-of-use assets$112,022 $109,899 
Liabilities
Sundry payables and accrued expenses$20,767 $19,992 
Noncurrent operating lease liabilities 99,885 98,214 
Total operating lease liabilities
$120,652 $118,206 
Weighted Average Remaining Lease Term7.5 Years7.7 Years
Weighted Average Discount Rate5.1 %5.0 %
Three Months Ended
March 31,
Lease Expense20252024
Lease expense$6,223 $4,820 
Variable and other lease expense (a)1,728 780 
Total lease costs$7,951 $5,600 
(a)Variable and other lease expense relate to non-lease components such as maintenance, property taxes, etc., and operating lease expense for leases with an initial term of 12 months or less which are not material.
Three Months Ended
March 31,
20252024
Supplemental Cash Flow Information
Cash paid for the amounts included in the measurement of lease liabilities$5,819 $4,131 
Right-of-use assets obtained in exchange for new lease obligations (a) $6,420 $5,628 
(a)Includes $5.7 million related to the lease modification and extension for our manufacturing facility in Reynosa, Mexico and $4.7 million of right-of-use assets related to the lease modification and extension for our manufacturing facility in Bialystok, Poland during the three months ended March 31, 2025 and 2024 respectively
Minimum Lease Payments
At March 31, 2025, we are obligated to make minimum lease payments through 2034, under operating leases, which are as follows:
2025$16,132 
202620,572 
202718,286 
202815,722 
202915,041 
Thereafter61,674 
Total lease payments$147,427 
Less: Interest(26,775)
Present value of lease liabilities$120,652 
Leases Leases
We have operating and finance leases for our manufacturing facilities, warehouses, office space, automobiles, and certain equipment. Our leases have remaining lease terms of up to nine years, some of which may include one or more five-year renewal options. We have not included any of the renewal options in our operating lease payments as we concluded that it is not reasonably certain that we will exercise any of these renewal options. Leases with an initial term of twelve months or less are not recorded on the balance sheet. Operating lease expense is recognized on a straight-line basis over the lease term. Finance leases are not material.
The following tables provide quantitative disclosures related to our operating leases and include all operating leases acquired from the date of acquisition (in thousands, except where otherwise indicated):
Balance Sheet InformationMarch 31,
2025		December 31,
2024
Assets
Operating lease right-of-use assets$112,022 $109,899 
Liabilities
Sundry payables and accrued expenses$20,767 $19,992 
Noncurrent operating lease liabilities 99,885 98,214 
Total operating lease liabilities
$120,652 $118,206 
Weighted Average Remaining Lease Term7.5 Years7.7 Years
Weighted Average Discount Rate5.1 %5.0 %
Three Months Ended
March 31,
Lease Expense20252024
Lease expense$6,223 $4,820 
Variable and other lease expense (a)1,728 780 
Total lease costs$7,951 $5,600 
(a)Variable and other lease expense relate to non-lease components such as maintenance, property taxes, etc., and operating lease expense for leases with an initial term of 12 months or less which are not material.
Three Months Ended
March 31,
20252024
Supplemental Cash Flow Information
Cash paid for the amounts included in the measurement of lease liabilities$5,819 $4,131 
Right-of-use assets obtained in exchange for new lease obligations (a) $6,420 $5,628 
(a)Includes $5.7 million related to the lease modification and extension for our manufacturing facility in Reynosa, Mexico and $4.7 million of right-of-use assets related to the lease modification and extension for our manufacturing facility in Bialystok, Poland during the three months ended March 31, 2025 and 2024 respectively
Minimum Lease Payments
At March 31, 2025, we are obligated to make minimum lease payments through 2034, under operating leases, which are as follows:
2025$16,132 
202620,572 
202718,286 
202815,722 
202915,041 
Thereafter61,674 
Total lease payments$147,427 
Less: Interest(26,775)
Present value of lease liabilities$120,652