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LEASES (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Operating lease right-of-use assets and liabilities
Information related to the Company’s operating right-of-use assets and related operating lease liabilities were as follows (dollar amounts in thousands, except lease term and discount rate):
As of December 31,20252024
Assets:
Operating lease right-of-use assets$17,600 $12,799 
Liabilities:
Current3,270 3,927 
Long-term15,630 10,277 
Total operating lease liabilities$18,900 $14,204 

Weighted-average remaining lease term6.73.7
Weighted-average discount rate5.85 %5.01 %
Lease cost
Year Ended December 31,20252024
Cash paid for operating lease liabilities$5,382 $5,671 
Right-of-use assets obtained in exchange for new operating lease obligations9,365 5,181 
Cancellations or adjustments of leases that resulted in the reduction of lease assets in exchange for lease liabilities$(166)$(103)
Approximate aggregate commitments under non-cancelable operating leases
The approximate aggregate commitments under non-cancelable operating leases in effect at December 31, 2025, were as follows (dollar amounts in thousands):
Year Ending December 31,
2026$3,963 
20274,307 
20283,229 
20292,149 
20301,395 
Thereafter8,196 
Total lease payments$23,239 
Less: Imputed interest (1)4,339 
Present value of lease liabilities$18,900 

(1) Calculated using our corporate borrowing rate based on the term of each lease ranging from 3.00 percent to 6.96 percent.