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Leases (Tables)

12 Months Ended

Dec. 31, 2025

Leases

Schedule of lease cost and other information

A summary of the Company’s lease cost is as follows (in thousands, except for weighted-averages):

​	​	​	​	​	​	​	​	​	​	​
​	​	Year Ended December 31,								​
​	​	2025		​	2024		​	2023		​
Lease Cost	​	​	​	​	​	​	​	​	​	​
Operating lease cost (a)	​	$	9,257	​	$	9,682	​	$	10,833	​
Sublease income	​	​	(2,765)	​	​	(2,798)	​	​	(2,555)	​
Short-term lease cost (b)	​	​	7,494	​	​	7,383	​	​	8,882	​
Total lease cost	​	$	13,986	​	$	14,267	​	$	17,160	​
Other information	​	​	​	​	​	​	​	​	​	​
Cash paid for amounts included in the measurement of lease liabilities	​	​	​	​	​	​	​	​	​	​
Operating cash outflows from operating leases	​	​	10,294	​	​	10,028	​	​	9,819	​
Weighted-average remaining lease term in years - operating leases	​	​	2.5	​	​	3.4	​	​	4.4	​
Weighted-average discount rate - operating leases	​	​	6.3	%	​	6.3	%	​	6.3	%

(a) Includes approximately $2.7 million, $2.7 million and $3.5 million of taxes, insurance and maintenance for the years ended December 31, 2025, 2024, and 2023 respectively.

(b) Includes expenses associated with short-term leases of billboard advertisements and is included in “Marketing Funds expenses” on the Consolidated Statements of Income (Loss) for the years ended December 31, 2025, 2024 and 2023.

Schedule of maturities of lease liabilities under non-cancellable leases

Maturities under non-cancellable leases were as follows (in thousands):

​	​	​	​	​	​	​	​	​	​
​	​	Rent Payments		​	Sublease Receipts		​	Total Cash Outflows
Year ending December 31:	​	​	​	​	​	​	​	​	​
2026	​	$	10,389	​	$	(2,333)	​	$	8,056
2027	​	​	10,410	​	​	(2,341)	​	​	8,069
2028	​	​	3,216	​	​	(781)	​	​	2,435
2029	​	​	244	​	​	—	​	​	244
2030	​	​	251	​	​	—	​	​	251
Thereafter	​	​	82	​	​	—	​	​	82
Total lease payments	​	$	24,592	​	$	(5,455)	​	$	19,137
Less: imputed interest	​	​	1,861	​	​	​	​	​	​
Present value of lease liabilities	​	$	22,731	​	​	​	​	​	​

​

X

- 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

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X

- References

No definition available.

+ Details

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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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