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Leases (Tables)
9 Months Ended
Sep. 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 September 30, Nine months ended September 30,
2025202420252024
(In thousands)
Lease costs:
Operating lease cost
$10,337 $8,156 $28,334 $22,769 
Variable lease cost
438 319 1,179 917 
Short-term lease cost
28,436 27,965 76,966 75,703 
Total lease costs
$39,211 $36,440 $106,479 $99,389 
The following is summary information of lease terms and discount rates for operating leases as of:
September 30, 2025December 31, 2024
Weighted average remaining lease term (in years)
1.14 years
1.38 years
Weighted average discount rate (in percentages)
5.61 %5.50 %
The following is a summary of other information and supplemental cash flow information related to operating leases:
Nine months ended September 30,
20252024
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used for operating lease liabilities
$27,343 $22,653 
Right-of-use assets obtained in exchange for new operating lease liabilities
$41,471 $38,454 
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:
September 30, 2025
(In thousands)
Remainder of 2025$9,551 
202631,919 
202721,206 
202812,000 
20297,170 
Thereafter12,197 
Total
94,043 
Less: discount
(9,534)
Total operating lease liabilities
$84,509 
As of September 30, 2025, the Company did not have any material leases that have not yet commenced.
Schedule of Operating Lease Income
The following table provides information on the Company's lease income for operating leases:
Three months ended September 30, Nine months ended September 30,
2025202420252024
(In thousands)
Lease income:
Operating lease income
$10,704 $10,142 $33,689 $29,979 
Total lease income
$10,704 $10,142 $33,689 $29,979 
Schedule of the Maturity of Lessor Undiscounted Cash Flows
The following table is a maturity analysis of undiscounted cash flows relating to lease payments expected to be received by the Company as a lessor of operating leases as of:
September 30, 2025
(In thousands)
Remainder of 2025$8,350 
Total lease payments
$8,350 
Components of Certain Equipment Leased to Third Parties Under Operating Leases
Equipment under operating leases, which was included within Property, plant and equipment, net in the unaudited condensed consolidated balance sheets, was as follows as of:
September 30, 2025December 31, 2024
(In thousands)
Machinery and equipment$61,898 $59,549 
Less: accumulated depreciation
(31,539)(29,687)
Property, plant and equipment, net
$30,359 $29,862