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Leases | 12 Months Ended
--- | ---
Dec. 31, 2024
Leases [Abstract] |
Leases | Leases The Company leases certain transportation and mobile manufacturing equipment such as railcars and forklifts, as well as real estate. The components of lease expense are as follows:
|  | Year Ended December 31,
|  | 2024 |  | 2023 |  | 2022
|  | (Dollars in thousands)
Operating lease cost |  | $ | 3,966 |  |  | $ | 4,896 |  |  | $ | 5,441 |
Finance lease cost: |  |  |  |  |  |
Amortization of lease assets |  | 91 |  |  | 39 |  |  | — |
Interest on lease liabilities |  | 27 |  |  | 13 |  |  | — |
Short-term lease cost |  | 130 |  |  | 123 |  |  | 163 |
Variable lease cost |  | 335 |  |  | 743 |  |  | 756 |
Total lease cost |  | $ | 4,549 |  |  | $ | 5,814 |  |  | $ | 6,360 |
Supplemental cash-flow and other information related to leases is as follows:
|  | Year Ended December 31,
|  | 2024 |  | 2023 |  | 2022
|  | (Dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |  |
Operating cash outflows - payments on operating leases |  | $ | (2,815) |  |  | $ | (3,919) |  |  | $ | (4,015) |
Operating cash outflows - interest payments on finance leases |  | (27) |  |  | (13) |  |  | — |
Financing cash outflows - payments on finance lease obligations |  | (82) |  |  | (36) |  |  | — |
Right-of-use assets obtained in exchange for operating lease obligations |  | 4,775 |  |  | 2,621 |  |  | 2,303 |
Right-of-use assets obtained in exchange for finance lease obligations |  | 130 |  |  | 291 |  |  | — |
Supplemental balance sheet information related to leases is as follows:
|  |  | December 31,
|  |  | 2024 |  | 2023
|  |  | (Dollars in thousands)
| Location |  |  |  |
Operating Leases |  |  |  |  |
Operating lease right-of-use assets | Other assets |  | $ | 6,261 |  |  | $ | 5,003 |
Current operating lease liabilities | Other accrued liabilities |  | 2,050 |  |  | 2,568 |
Non-current operating lease liabilities | Other long-term obligations |  | 4,077 |  |  | 2,542 |
Total operating lease liabilities |  |  | $ | 6,127 |  |  | $ | 5,110 |
Finance Leases |  |  |  |  |
Property, plant and equipment | Property, plant and equipment |  | $ | 484 |  |  | $ | 330 |
Accumulated depreciation | Accumulated depreciation |  | 130 |  |  | 39 |
Finance lease assets, net |  |  | $ | 354 |  |  | $ | 291 |
Other liabilities and accrued items | Other liabilities and accrued items |  | $ | 119 |  |  | $ | 83 |
Finance lease liabilities | Other long-term obligations |  | 248 |  |  | 210 |
Total principal payable on finance leases |  |  | $ | 367 |  |  | $ | 293 |
Weighted-Average Remaining Lease Term |  |  |  |  |
Operating leases |  |  | 5.1 years |  | 2.4 years
Finance leases |  |  | 3.6 years |  | 4.1 years
Weighted-Average Discount Rate |  |  |  |  |
Operating leases |  |  | 6.46 | % |  | 6.63 | %
Finance leases |  |  | 7.55 | % |  | 7.93 | %
As of December 31, 2024, future minimum lease payments under noncancellable operating leases were as follows:
|  | Finance Leases |  | Operating Leases
|  | (Dollars in thousands)
2025 |  | 124 |  |  | 2,061 |
2026 |  | 124 |  |  | 1,790 |
2027 |  | 87 |  |  | 779 |
2028 |  | 68 |  |  | 490 |
2029 |  | 15 |  |  | 466 |
2030 and thereafter |  | — |  |  | 1,854 |
Total lease payments |  | $ | 418 |  |  | $ | 7,440 |
Less: Imputed interest |  | (51) |  |  | (1,313) |
Present value of lease payments |  | $ | 367 |  |  | $ | 6,127 |
As of December 31, 2024, the Company has not entered into any material lease commitments that have yet to commence.

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- 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
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