Significant accounting policies (Tables)

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Summary of property, plant and equipment, net and related accumulated depreciation

The Company’s property, plant and equipment is segregated into the following six asset classes:

Asset class	Estimated useful lives(2)
Land	Indefinite life
Information technology	3 years
Machinery and equipment	5-7 years
Furniture and fixtures	5 years
Licenses	5-30 years
Building and improvements(1)	15-39 years
(1) Leasehold improvements are depreciated over the shorter of the asset’s useful life or the remaining lease term.
(2) At each fiscal year-end, the Company reviews the estimated useful lives, residual values and depreciation methods of its Property, plant and equipment and applies any resulting adjustments prospectively.

consist of the following as of December 31, 2025 and 2024:

	As of
	December 31, 2025		December 31, 2024
Land	$	12,937	$	7,616
Building and improvements	548,388		499,279
Furniture and fixtures	108,750		86,606
Machinery and equipment	133,648		114,904
Information technology	27,668		27,376
Construction in progress	22,618		67,579
Property, plant and equipment, gross	854,009		803,360
Less: Accumulated depreciation	(333,623)		(260,756)
Property, plant and equipment, net	$	520,386	$	542,604

	Years Ended
	December 31, 2025		December 31, 2024
Depreciation expense(1):
Cost of goods sold	$	48,526	$	49,399
Operating expenses	35,359		33,867
Total depreciation expense	$	83,885	$	83,266
(1) Includes depreciation expense associated with assets under failed sale-leaseback arrangements. See Note 12 — Failed sale leaseback arrangements for further detail.

Schedule of estimated useful lives of finite lived intangible assets

The Company's intangible assets are segregated into six asset classes with the following estimated useful lives:

Asset class	Estimated useful lives(1)(2)
Non-compete agreements	1-15 years
Trade names	1-20 years
Intellectual property and know-how	5-15 years
Licenses and service agreements	5-30 years
Customer relationships	3 years
Internal-use software	3-5 years
(1) At each fiscal year-end, the Company reviews the estimated useful lives and residual values of its intangible assets and applies any resulting adjustments prospectively.
(2) The Company holds no intangible assets with indefinite useful lives.