XML 42 R31.htm IDEA: XBRL DOCUMENT v3.25.3
Leases (Tables)
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Lessee Quantitative Disclosures Related To Operating Leases
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 InformationSeptember 30,
2025
December 31,
2024
Assets
Operating lease right-of-use assets$107,789 $109,899 
Liabilities
Sundry payables and accrued expenses$21,603 $19,992 
Noncurrent operating lease liabilities 96,180 98,214 
Total operating lease liabilities
$117,783 $118,206 
Weighted Average Remaining Lease Term7.1 Years7.7 Years
Weighted Average Discount Rate5.1%5.0%
Schedule of Components of Lease Expense and Supplemental Cash Flow Information
Three Months Ended
September 30,
Nine Months Ended
September 30,
Lease Expense2025202420252024
Lease expense$5,855 $4,548 $17,908 $14,220 
Variable and other lease expense (a)
2,278 1,545 6,050 2,953 
Total lease expenses$8,133 $6,093 $23,958 $17,173 
(a)Relates 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.
Nine Months Ended
September 30,
20252024
Supplemental Cash Flow Information
Cash paid for the amounts included in the measurement of lease liabilities$16,642 $13,253 
Right-of-use assets obtained in exchange for new lease obligations (a)
$9,867 $6,902 
(a)Includes $5.7 million related to the lease modification and extension for our manufacturing facility in Reynosa, Mexico and $2.8 million related to our new warehouse in Niepolomice, Poland during the nine months ended September 30, 2025. Includes $4.7 million related to the lease modification and extension for our manufacturing facility in Bialystok, Poland during the nine months ended September 30, 2024.
Schedule of Lessee, Operating Lease, Liability, to be Paid, Maturity
At September 30, 2025, we are obligated to make minimum lease payments through 2034, under operating leases, which are as follows:
2025$5,964 
202621,998 
202719,590 
202816,645 
202915,753 
Thereafter62,135 
Total lease payments142,085 
Less: Interest(24,302)
Present value of lease liabilities$117,783