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LEASES
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
LEASES LEASES
During the years ended December 31, 2025, 2024, and 2023, the Company incurred operating lease expenses of $35.1 million, $32.7 million, and $30.6 million, respectively, including short-term lease expenses, which were included as a component of selling, general and administrative expenses in the consolidated statements of comprehensive income. As of December 31, 2025 and 2024, the weighted-average remaining lease term was 6.5 years and the weighted-average discount rate was 6.97% and 6.56%, respectively.
Operating leases mature as follows (in thousands):
Fiscal Year Ended December 31,Minimum Payments
2026$30,992 
202725,828 
202819,042 
202914,248 
203011,061 
Thereafter41,711 
Total lease payments142,882 
Less: interest(30,367)
Present value of lease liabilities$112,515 
During the years ended December 31, 2025, 2024, and 2023, the Company commenced new leases, extensions and amendments, resulting in non-cash operating activities in the consolidated statements of cash flows of $27.1 million, $25.0 million, and $30.5 million, respectively, related to the increases in the operating lease ROU asset and operating lease liabilities. As of December 31, 2025, the Company did not have any significant operating or financing leases that had not yet commenced.
LEASES LEASES
During the years ended December 31, 2025, 2024, and 2023, the Company incurred operating lease expenses of $35.1 million, $32.7 million, and $30.6 million, respectively, including short-term lease expenses, which were included as a component of selling, general and administrative expenses in the consolidated statements of comprehensive income. As of December 31, 2025 and 2024, the weighted-average remaining lease term was 6.5 years and the weighted-average discount rate was 6.97% and 6.56%, respectively.
Operating leases mature as follows (in thousands):
Fiscal Year Ended December 31,Minimum Payments
2026$30,992 
202725,828 
202819,042 
202914,248 
203011,061 
Thereafter41,711 
Total lease payments142,882 
Less: interest(30,367)
Present value of lease liabilities$112,515 
During the years ended December 31, 2025, 2024, and 2023, the Company commenced new leases, extensions and amendments, resulting in non-cash operating activities in the consolidated statements of cash flows of $27.1 million, $25.0 million, and $30.5 million, respectively, related to the increases in the operating lease ROU asset and operating lease liabilities. As of December 31, 2025, the Company did not have any significant operating or financing leases that had not yet commenced.