XML 30 R13.htm IDEA: XBRL DOCUMENT
v3.25.4

Leases | 12 Months Ended
--- | ---
Dec. 31, 2025
Leases [Abstract] |
Leases | NOTE 4 — Leases We lease certain real estate, vehicles, and equipment. Our leases have remaining lease terms of one to 11 years, some of which may include options to extend the leases, and some of which may include options to terminate the leases. The exercise of lease renewal options is at our sole discretion. The depreciable lives of assets and leasehold improvements are limited by the expected lease term unless there is a transfer of title or purchase option reasonably certain of exercise. The components of lease expense are as follows:
| Year ended December 31,
In thousands | 2025 |  | 2024 |  | 2023
Operating lease cost(a) | $40,321 |  | $52,417 |  | $64,845
Short-term lease cost(b) | 1,400 |  | 938 |  | 900
Variable lease cost | 9,848 |  | 12,390 |  | 13,200
Net lease cost | $51,569 |  | $65,745 |  | $78,945
(a) Includes sublease income of $8.8 million, $8.3 million, and $9.1 million for the years ended December 31, 2025, 2024, and 2023, respectively. (b)Excludes expenses relating to leases with a lease term of one month or less. In 2023, the Company sold two properties in Michigan and Arizona for a total of $60.5 million, which resulted in a net gain of $39.3 million. Contemporaneously with the closing of the sales, the Company entered into leases pursuant to which we leased back the properties for cumulative annual rent of $39.9 million, subject to annual escalations. The leases are accounted for as operating leases. Supplemental information related to leases are as follows:
| Year ended December 31,
In thousands, except lease term and discount rate | 2025 |  | 2024 |  | 2023
Cash paid for amounts included in the measurement of operating lease liabilities | $62,184 |  | $71,985 |  | $76,338
Right-of-use assets obtained in exchange for operating lease obligations | 8,497 |  | 6,071 |  | 31,501
Gain on sale and leaseback transactions, net | — |  | (105) |  | (40,221)
Weighted-average remaining lease term (in years) | 5.5 |  | 6.0 |  | 6.4
Weighted-average discount rate | 13.3% |  | 13.2% |  | 13.0%
Future minimum lease payments under non-cancellable leases are as follows:
In thousands | Year ended December 31,
2026 | $50,609
2027 | 41,936
2028 | 37,963
2029 | 36,286
2030 | 32,305
Thereafter | 43,125
Total future minimum lease payments | 242,224
Less: Imputed interest | 62,368
Total | $179,856
As of December 31, 2025, we have entered into leases that have not yet commenced with total future lease payments of $0.1 million, which are not yet recorded on the Consolidated balance sheet.

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