XML 62 R45.htm IDEA: XBRL DOCUMENT v3.25.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Cost
Components of lease cost (income) for the years ended December 31, 2025, 2024, and 2023 were as follows:

(in thousands)202520242023
Operating lease cost$13,715 $14,331 $13,667 
Finance lease cost - amortization expense1,586 1,706 991 
Finance lease cost - interest expense955 1,017 478 
Short-term lease cost157 347 494 
Variable lease cost4,492 4,142 3,953 
Sublease income(69)(132)(186)
Total$20,836 $21,411 $19,397 
Supplemental cash flow information related to our leases for the years ended December 31, 2025, 2024 and 2023 was as follows:

(in thousands)202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflow for operating leases$14,151 $13,986 $13,177 
Operating cash outflow for finance leases$955 $1,017 $478 
Financing cash outflow for finance leases$1,593 $1,385 $644 
The weighted-average remaining lease term and discount rate for our finance and operating leases as of December 31, 2025 and 2024 were as follows:
20252024
FinanceOperatingFinanceOperating
Weighted-average remaining lease term (in years)6.16.67.07.3
Weighted-average discount rate8.47%7.23%8.44%7.17%
Schedule of Future Minimum Lease Payments - Finance Leases
As of December 31, 2025, our future minimum lease payments under operating leases and finance leases with initial or remaining lease terms in excess of one year were as follows:

(in thousands)Finance LeasesOperating Leases
Years ending December 31:
2026$2,470 $15,094 
20272,535 11,987 
20282,499 10,880 
20292,132 9,317 
20301,539 7,095 
Thereafter3,261 18,680 
Total lease payments (undiscounted)14,436 73,053 
Less: imputed interest(3,321)(16,050)
Present value of lease liabilities$11,115 $57,003 
Schedule of Future Minimum Lease Payments - Operating Leases
As of December 31, 2025, our future minimum lease payments under operating leases and finance leases with initial or remaining lease terms in excess of one year were as follows:

(in thousands)Finance LeasesOperating Leases
Years ending December 31:
2026$2,470 $15,094 
20272,535 11,987 
20282,499 10,880 
20292,132 9,317 
20301,539 7,095 
Thereafter3,261 18,680 
Total lease payments (undiscounted)14,436 73,053 
Less: imputed interest(3,321)(16,050)
Present value of lease liabilities$11,115 $57,003