Note 10. Leases (Notes)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Lessee, Operating Leases

10. Leases

Our lease arrangements include our corporate and administrative offices, certain warehouses, certain land for our manufacturing facilities, and certain of our manufacturing equipment. Such leases primarily relate to assets located in the United States, Malaysia, India, and Vietnam.

The following table presents certain quantitative information related to our lease arrangements for the years ended December 31, 2025, 2024, and 2023 and as of December 31, 2025 and 2024 (in thousands):

	2025		2024		2023
Finance lease cost:
Amortization of right-of-use assets	$	1,803	$	924	$	14
Interest on lease liabilities	2,248		1,451		51
Operating lease cost	20,257		14,403		12,090
Variable lease cost	3,426		2,902		3,421
Short-term lease cost	1,200		954		472
Total lease cost	$	28,934	$	20,634	$	16,048
Cash paid for amounts included in the measurement of:
Operating lease liabilities	$	17,663	$	13,774	$	11,815
Finance lease liabilities	2,188		677		—
Lease assets obtained in exchange for:
Operating lease liabilities	$	63,681	$	41,772	$	7,163
Finance lease liabilities	7,422		13,406		17,063

	December 31, 2025						December 31, 2024
	Operating Leases			Finance Leases			Operating Leases			Finance Leases
Lease assets	$	161,756		$	34,302		$	114,283		$	29,262
Lease liabilities – current	15,183			2,907			11,799			1,482
Lease liabilities – noncurrent	103,753			34,920			66,211			29,532
Weighted-average remaining lease term	12 years			24 years			9 years			28 years
Weighted-average discount rate	5.7		%	6.6		%	5.5		%	6.6		%

As of December 31, 2025, the future payments associated with our lease liabilities were as follows (in thousands):

	Operating Leases		Finance Leases
2026	$	20,832	$	3,717
2027	14,113		3,766
2028	13,670		3,833
2029	11,971		3,924
2030	10,345		3,974
Thereafter	96,812		56,255
Total future payments	167,743		75,469
Less: interest	(48,807)		(37,642)
Total lease liabilities	$	118,936	$	37,827

Lessee, Finance Leases

10. Leases

Our lease arrangements include our corporate and administrative offices, certain warehouses, certain land for our manufacturing facilities, and certain of our manufacturing equipment. Such leases primarily relate to assets located in the United States, Malaysia, India, and Vietnam.

The following table presents certain quantitative information related to our lease arrangements for the years ended December 31, 2025, 2024, and 2023 and as of December 31, 2025 and 2024 (in thousands):

	2025		2024		2023
Finance lease cost:
Amortization of right-of-use assets	$	1,803	$	924	$	14
Interest on lease liabilities	2,248		1,451		51
Operating lease cost	20,257		14,403		12,090
Variable lease cost	3,426		2,902		3,421
Short-term lease cost	1,200		954		472
Total lease cost	$	28,934	$	20,634	$	16,048
Cash paid for amounts included in the measurement of:
Operating lease liabilities	$	17,663	$	13,774	$	11,815
Finance lease liabilities	2,188		677		—
Lease assets obtained in exchange for:
Operating lease liabilities	$	63,681	$	41,772	$	7,163
Finance lease liabilities	7,422		13,406		17,063

	December 31, 2025						December 31, 2024
	Operating Leases			Finance Leases			Operating Leases			Finance Leases
Lease assets	$	161,756		$	34,302		$	114,283		$	29,262
Lease liabilities – current	15,183			2,907			11,799			1,482
Lease liabilities – noncurrent	103,753			34,920			66,211			29,532
Weighted-average remaining lease term	12 years			24 years			9 years			28 years
Weighted-average discount rate	5.7		%	6.6		%	5.5		%	6.6		%

As of December 31, 2025, the future payments associated with our lease liabilities were as follows (in thousands):

	Operating Leases		Finance Leases
2026	$	20,832	$	3,717
2027	14,113		3,766
2028	13,670		3,833
2029	11,971		3,924
2030	10,345		3,974
Thereafter	96,812		56,255
Total future payments	167,743		75,469
Less: interest	(48,807)		(37,642)
Total lease liabilities	$	118,936	$	37,827