Note 2 - Leases

12 Months Ended

Dec. 31, 2025

Notes to Financial Statements

Lessee, Operating Leases [Text Block]

2. Leases

Amounts reported on the Company’s Consolidated Balance Sheets for operating leases were as follows:

	December 31,
	2025		2024
	(Amounts in Thousands)
Operating lease assets, net	$	43,713	$	47,348
Short-term operating lease liabilities		13,144		12,800
Long-term operating lease liabilities		37,259		41,883
Total operating lease liabilities	$	50,403	$	54,683

Lease Costs

Components of lease costs were reported in general and administrative expenses in the Company’s Consolidated Statements of Income as follows:

	For the Years Ended December 31,
	(Amounts in Thousands)
	2025			2024			2023
Operating lease costs	$	14,658		$	13,386		$	13,026
Short-term lease costs		1,118			735			1,147
Total lease costs		15,776			14,121			14,173
Less: sublease income		(226	)		(2,267	)		(2,770	)
Total lease costs, net	$	15,550		$	11,854		$	11,403

Lease Term and Discount Rate

Weighted average remaining lease terms and discount rates were as follows:

	December 31,
	2025			2024			2023
Operating leases:
Weighted average remaining lease term		5.05			5.48			6.26
Weighted average discount rate		6.37	%		6.20	%		5.47	%

Maturity of Lease Liabilities

Remaining operating lease payments as of December 31, 2025 were as follows:

	Operating Leases
	(Amounts in Thousands)
Due in 12-month period ended December 31,
2026	$	15,784
2027		12,565
2028		8,920
2029		6,822
2030		5,642
Thereafter		9,779
Total future minimum rental commitments		59,512
Less: Imputed interest		(9,109	)
Total lease liabilities	$	50,403

Supplemental Cash Flow Information

	For the Years Ended December 31,
	(Amounts in Thousands)
	2025		2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	16,775	$	14,783	$	14,396
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	9,305	$	15,489	$	17,221