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LEASES (Tables)

3 Months Ended

Mar. 31, 2025

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

		Three Months Ended March 31,
in thousands	Consolidated Statement of Operations Classification	2025		2024
Operating Lease Cost	Selling, general and administrative	$	4,989	$	4,800
Finance lease cost
Amortization of leased assets	Depreciation and amortization		418		369
Interest on lease Liabilities	Interest expense		582		487
Variable lease cost	Selling, general and administrative		216		88
		$	6,205	$	5,744

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

	Three Months Ended March 31,
	2025			2024
Cash flow information:
Cash paid for amounts included in the measurement of lease liabilities
Operating Cash Flows - operating leases	$	4,783		$	4,495
Operating Cash Flows - finance leases	$	582		$	487
Financing Cash Flows - finance leases	$	(1,108	)	$	-

Non-cash activity:
Lease liabilities arising from obtaining right-of-use assets
Operating leases	$	-		$	15,714
Finance leases	$	-		$	12,570

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

	As of March 31,
	2025			2024
Weighted-average remaining lease term
Operating leases	12.76 years			12.51 years
Finance leases	16.19 years			17.08 years

Weighted-average discount rate
Operating leases		6.59	%		6.84	%
Finance leases		7.69	%		7.71	%

Maturities of lease liabilities by fiscal year for our leases as of March 31, 2025, are as follows:

	Operating Leases			Finance Leases
Year ending December 31,
2025 (excluding the three months ending March 31, 2025)	$	13,504		$	1,033
2026		18,894			2,817
2027		18,140			2,918
2028		18,973			3,023
2029		17,237			3,132
2030		14,438			3,244
Thereafter		117,072			40,174
Total lease payments		218,258			56,341
Less: imputed interest		(72,324	)		(25,971	)
Present value of lease liabilities	$	145,934		$	30,370