LEASES (Tables)

12 Months Ended

Dec. 31, 2024

The following table presents components of lease cost and classification on the Consolidated Statement of Operations:

		Year Ended December 31,
in thousands	Consolidated Statement of Operations Classification	2024		2023		2022
Operating Lease Cost	Selling, general and administrative	$	19,665	$	19,235	$	18,943
Finance lease cost
Amortization of leased assets	Depreciation and amortization		1,622		175		-
Interest on lease Liabilities	Interest expense		2,155		224		-
Variable lease cost	Selling, general and administrative		423		475		55
		$	23,865	$	20,109	$	18,998

Supplemental cash flow information and non-cash activity related to our leases are as follows:

	December 31,
	2024		2023		2022
Cash flow information:
Cash paid for amounts included in the measurement of lease liabilities
Operating Cash Flows - operating leases	$	17,989	$	16,103	$	18,443
Operating Cash Flows - finance leases	$	2,155	$	-	$	-
Financing Cash Flows - finance leases	$	495	$	-	$	-

Non-cash activity:
Lease liabilities arising from obtaining right-of-use assets
Operating leases	$	59,061	$	10,477	$	13,820
Finance leases	$	12,570	$	15,971	$	-

Weighted-average remaining lease term and discount rate for our leases are as follows:

	Year Ended December 31,
	2024		2023
Weighted-average remaining lease term
Operating leases	12.81 years		11.16 years
Finance leases	16.40 years		15.09 years

Weighted-average discount rate
Operating leases		6.60%		6.89%
Finance leases		7.69%		8.39%

Maturities of lease liabilities by fiscal year for our leases as of December 31, 2024 are as follows:

	As of December 31, 2024
	Operating Leases			Finance Leases
Year ending December 31,
2025	$	18,404		$	506
2026		18,976			2,817
2027		18,188			2,918
2028		18,948			3,023
2029		17,237			3,132
Thereafter		131,509			43,417
Total lease payments		223,262			55,813
Less: imputed interest		(74,962	)		(26,552	)
Present value of lease liabilities	$	148,300		$	29,261