Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Schedule of Supplemental Balance Sheet Information Related Leases Assets and Liabilities

The following table presents supplemental balance sheet information related to lease assets and liabilities:

(in thousands)	Classification	June 30, 2024		December 31, 2023
Assets
Operating lease assets	Other long-term assets	$	10,961	$	10,169
Finance lease assets1	Property, plant and equipment, net		11,757		11,281
Total lease assets		$	22,718	$	21,450
Liabilities
Current:
Operating lease liabilities	Accounts payable and accrued liabilities	$	2,946	$	2,575
Finance lease liabilities	Accounts payable and accrued liabilities		4,866		4,525
Noncurrent:
Operating lease liabilities	Other long-term obligations		8,010		7,590
Finance lease liabilities	Other long-term obligations		6,815		6,699
Total lease liabilities		$	22,637	$	21,389

1 Finance lease assets are presented net of accumulated amortization of $12.2 million and $9.6 million at June 30, 2024 and December 31, 2023, respectively.

Schedule of Components of Lease Expense

The following table presents the components of lease expense:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2024		2023		2024		2023
Operating lease costs1	$	861	$	796	$	1,700	$	1,682
Finance lease costs:
Amortization of leased assets		1,351		1,331		2,620		2,562
Interest expense		145		113		279		224
Net lease costs	$	2,357	$	2,240	$	4,599	$	4,468

1 Excludes short-term leases and variable lease costs, which are immaterial.

Schedule of Supplemental Cash Flow Information Related Leases

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

	Six Months Ended June 30,
(in thousands)	2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	1,715	$	1,629
Operating cash flows for finance leases	$	279	$	213
Financing cash flows for finance leases	$	2,662	$	2,817
Leased assets exchanged for new lease liabilities:
Operating leases	$	2,287	$	1,149
Finance leases	$	3,062	$	2,111