Leases (Tables)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Schedule of Components of Lease Expense and Cash Flow Information

The following table summarizes the lease expense by category in the Consolidated Statements of Income:

(in thousands)	For the Year Ended December 31,
	2025		2024
Cost of sales	$	11,082	$	7,603
Research, development and engineering expenses	318		326
Selling, general and administrative expenses	279		266
Interest expense	100		8
Total	$	11,779	$	8,203

The following table summarizes the components of lease expense and income:

(in thousands)	For the Year Ended December 31,
	2025		2024
Operating lease cost	$	8,789	$	6,126
Finance lease cost:
Amortization of ROU asset	367		66
Interest expense	100		8
Short-term lease cost	744		861
Variable lease cost	1,779		1,142
Sublease income	—		—
Total lease cost, net	$	11,779	$	8,203

The following table presents supplemental cash flow information related to leases:

(in thousands)	For the Year Ended December 31,
	2025		2024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows paid for operating leases	$	7,887	$	6,063
Operating cash flows paid for interest portion of finance leases	100		8
Financing cash flows paid for principal portion of finance leases	339		76
Right-of-use assets obtained in exchange for lease obligations
Operating leases	35,709		1,139
Finance leases	1,840		—

Schedule of Supplemental Balance Sheet Information Related to Leases

The following table presents supplemental balance sheet information related to leases:

(in thousands)	As of December 31,
	2025		2024
Operating lease ROU assets, net	$	52,911	$	23,275
Operating lease liabilities, current	6,346		4,503
Operating lease liabilities, non-current	49,397		20,663
Total operating lease liabilities	$	55,743	$	25,166
Finance lease ROU assets, net 1	$	1,533	$	78
Finance lease liabilities, current	355		78
Finance lease liabilities, non-current	1,224		16
Total finance lease liabilities	$	1,579	$	94

1.    Included in Property, plant and equipment, net for finance leases on the Consolidated Balance Sheets.

Schedule of Maturity Analysis of Operating Lease Liabilities

The following table presents maturity analysis of lease liabilities as of December 31, 2025:

(in thousands)
Year Ending December 31,	Operating Leases		Finance Leases
2026	$	10,104	$	451
2027	10,331		434
2028	9,489		434
2029	8,652		415
2030	7,262		75
Thereafter	28,104		—
Total undiscounted lease payments	73,942		1,809
Less: imputed interest	18,199		230
Total lease liabilities	$	55,743	$	1,579

Schedule of Maturity Analysis of Financing Lease Liabilities

The following table presents maturity analysis of lease liabilities as of December 31, 2025:

(in thousands)
Year Ending December 31,	Operating Leases		Finance Leases
2026	$	10,104	$	451
2027	10,331		434
2028	9,489		434
2029	8,652		415
2030	7,262		75
Thereafter	28,104		—
Total undiscounted lease payments	73,942		1,809
Less: imputed interest	18,199		230
Total lease liabilities	$	55,743	$	1,579