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LEASES
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
LEASES LEASES
The Company leases its distribution centers and manufacturing facilities from third parties under various non-cancelable lease agreements expiring at various dates through 2038. Also, the Company leases some property, plant and equipment under finance leases. Certain leases contain escalation provisions and/or renewal options, giving the Company the right to extend the leases by up to 20 years. However, these options are generally not reflected in the calculation of the ROU assets and lease liabilities due to uncertainty surrounding the likelihood of renewal. The Company recognizes operating lease costs over the respective lease periods, including short-term and month-to-month leases. The Company incurred operating lease costs of $2,415 and $4,799 during the three and six months ended June 30, 2025, respectively, and $2,611 and $5,361 during the three and six months ended June 30, 2024, respectively. These costs are included primarily within SG&A in the condensed consolidated statements of operations and do not include lease termination costs associated with the IGE Asset Sale. Refer to Note 3 – Restructuring and Asset Sales for further details.
The Company has operating subleases and logistics agreements which have been accounted for by reference to the underlying asset subject to the lease, primarily as an offset to rent expense, primarily within SG&A. For the three and six months ended June 30, 2025, the Company recorded sublease and logistics income of $1,110 and $2,298, respectively. For the
three and six months ended June 30, 2024, the Company recorded sublease and logistics income of $785 and $1,523, respectively.
Total ROU assets, finance lease assets, and lease liabilities were as follows:
Balance Sheet ClassificationJune 30,
2025		December 31,
2024
Lease assets
Operating lease assetsOperating lease right-of-use assets$41,852 $42,869 
Finance lease assetsProperty, plant and equipment, net6,925 7,279 
Total lease assets$48,777 $50,148 
Lease liabilities
Current:
 Operating leasesCurrent portion of operating lease liabilities$7,714 $7,731 
 Finance leasesCurrent portion of finance lease liabilities466 459 
Noncurrent:
 Operating leasesLong-term operating lease liabilities36,664 37,553 
 Finance leasesLong-term finance lease liabilities7,606 7,830 
Total lease liabilities$52,450 $53,573 
The aggregate future minimum lease payments under long-term non-cancelable operating and finance leases with remaining terms greater than one year as of June 30, 2025 are as follows:
OperatingFinance
For the period of July 1, 2025 to December 31, 2025$4,787 $448 
Year ending December 31,
20269,055 845 
20279,278 853 
20288,739 805 
20295,872 822 
20304,752 838 
Thereafter7,869 6,379 
Total lease payments50,352 10,990 
Less portion representing interest(5,974)(2,918)
Total principal44,378 8,072 
Less current portion(7,714)(466)
Long-term portion$36,664 $7,606 
LEASES LEASES
The Company leases its distribution centers and manufacturing facilities from third parties under various non-cancelable lease agreements expiring at various dates through 2038. Also, the Company leases some property, plant and equipment under finance leases. Certain leases contain escalation provisions and/or renewal options, giving the Company the right to extend the leases by up to 20 years. However, these options are generally not reflected in the calculation of the ROU assets and lease liabilities due to uncertainty surrounding the likelihood of renewal. The Company recognizes operating lease costs over the respective lease periods, including short-term and month-to-month leases. The Company incurred operating lease costs of $2,415 and $4,799 during the three and six months ended June 30, 2025, respectively, and $2,611 and $5,361 during the three and six months ended June 30, 2024, respectively. These costs are included primarily within SG&A in the condensed consolidated statements of operations and do not include lease termination costs associated with the IGE Asset Sale. Refer to Note 3 – Restructuring and Asset Sales for further details.
The Company has operating subleases and logistics agreements which have been accounted for by reference to the underlying asset subject to the lease, primarily as an offset to rent expense, primarily within SG&A. For the three and six months ended June 30, 2025, the Company recorded sublease and logistics income of $1,110 and $2,298, respectively. For the
three and six months ended June 30, 2024, the Company recorded sublease and logistics income of $785 and $1,523, respectively.
Total ROU assets, finance lease assets, and lease liabilities were as follows:
Balance Sheet ClassificationJune 30,
2025		December 31,
2024
Lease assets
Operating lease assetsOperating lease right-of-use assets$41,852 $42,869 
Finance lease assetsProperty, plant and equipment, net6,925 7,279 
Total lease assets$48,777 $50,148 
Lease liabilities
Current:
 Operating leasesCurrent portion of operating lease liabilities$7,714 $7,731 
 Finance leasesCurrent portion of finance lease liabilities466 459 
Noncurrent:
 Operating leasesLong-term operating lease liabilities36,664 37,553 
 Finance leasesLong-term finance lease liabilities7,606 7,830 
Total lease liabilities$52,450 $53,573 
The aggregate future minimum lease payments under long-term non-cancelable operating and finance leases with remaining terms greater than one year as of June 30, 2025 are as follows:
OperatingFinance
For the period of July 1, 2025 to December 31, 2025$4,787 $448 
Year ending December 31,
20269,055 845 
20279,278 853 
20288,739 805 
20295,872 822 
20304,752 838 
Thereafter7,869 6,379 
Total lease payments50,352 10,990 
Less portion representing interest(5,974)(2,918)
Total principal44,378 8,072 
Less current portion(7,714)(466)
Long-term portion$36,664 $7,606