PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment

Depreciation and amortization is calculated on a straight-line basis over the estimated useful lives of the assets which are as follows:

	Estimated Lives
Machinery and other equipment	5 years
Leasehold improvements	Shorter of 10 years or lease term
Buildings	39 years

Property and equipment consists of the following:

	December 31,
(in thousands)	2025		2024
Leasehold improvements	$	219,389	$	202,548
Buildings	213,781		84,712
Furniture, fixtures, and equipment	92,168		78,775
Construction in progress	9,634		5,555
Land	5,782		5,782
Property and equipment, gross	540,754		377,372
Less: accumulated depreciation	158,352		116,911
Property and equipment, net	$	382,402	$	260,461

The table above includes the following amounts related to finance leases:

	December 31,
(in thousands)	2025		2024
Buildings	$	128,859	$	—
Vehicles(1)	2,801		2,410
Equipment(1)(2)	2,321		2,321
	133,981		4,731
Less: accumulated amortization(3)	5,249		1,521
Total(4)	$	128,732	$	3,210

(1)Included within “Furniture, fixtures, and equipment.”

(2)Equipment leased pursuant to a master lease agreement that was entered into in June 2022, which provided for up to $15,000 in aggregate, pursuant to individual lease agreements.

(3)Included within “Accumulated depreciation.” Disposals and write offs of accumulated amortization during 2025 were not material.

(4)Refer to Note 10, “Leases,” for additional information regarding our lease arrangements.