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Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Summary of Operating Leases, Including Lease Costs, Lease Terms, Discount Rates and Supplemental Cash Flow Information
The following table provides information on the Company's lease costs for operating leases:
Three months ended June 30, Six months ended June 30,
2025202420252024
(In thousands)
Lease costs:
Operating lease cost
$9,438 $7,484 $17,996 $14,613 
Variable lease cost
406 291 741 598 
Short-term lease cost
24,845 28,883 48,531 47,738 
Total lease costs
$34,689 $36,658 $67,268 $62,949 
The following is summary information of lease terms and discount rates for operating leases as of:
June 30, 2025December 31, 2024
Weighted average remaining lease term (in years)
1.15 years
1.38 years
Weighted average discount rate (in percentages)
5.56 %5.50 %
The following is a summary of other information and supplemental cash flow information related to operating leases:
Six months ended June 30,
20252024
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used for operating lease liabilities
$17,712 $14,548 
Right-of-use assets obtained in exchange for new operating lease liabilities
$22,876 $21,860 
Reconciliation of Future Undiscounted Cash Flows to Operating Lease Liabilities
The reconciliation of future undiscounted cash flows to operating lease liabilities, including current portion of operating lease liabilities, presented on the unaudited condensed consolidated balance sheets was as follows:
June 30, 2025
(In thousands)
Remainder of 2025$17,258 
202627,232 
202717,860 
20288,863 
20294,229 
Thereafter6,261 
Total
81,703 
Less: discount
(7,294)
Total operating lease liabilities
$74,409 
Components of Certain Equipment Leased to Third Parties Under Operating Leases
The Company leases components of certain equipment to third parties under operating leases, which are included within Property, plant and equipment, net in the unaudited condensed consolidated balance sheets, and were as follows as of:
June 30, 2025December 31, 2024
(In thousands)
Machinery and equipment$61,346 $59,549 
Less: accumulated depreciation
(30,616)(29,687)
Property, plant and equipment, net
$30,730 $29,862