Property and Equipment

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 7—Property and Equipment

Property and equipment are recorded at cost. Depreciation is recorded over the estimated useful life of each class of depreciable asset and is computed using the straight-line method. Leasehold improvements are amortized over the shorter of the estimated asset life or term of the lease. Repairs and maintenance costs are charged to expense as incurred.

The following table sets forth the amounts of property and equipment by each class of depreciable asset as of March 31, 2026 and December 31, 2025:

	March 31, 2026		December 31, 2025
	(in thousands)
EVS and Dietary equipment	$	18,487	$	18,571
Computer hardware and software	9,466		9,185
Operating lease — right-of-use assets	30,197		30,933
Other1	1,140		1,145
Total property and equipment, at cost	59,290		59,834
Less accumulated depreciation2	32,258		32,248
Total property and equipment, net	$	27,032	$	27,586

1.Includes furniture and fixtures, leasehold improvements, automobiles and trucks.

2.Includes $16.8 million and $16.7 million related to accumulated depreciation on Operating lease – right-of-use assets as of March 31, 2026 and December 31, 2025, respectively.

Depreciation expense was $3.2 million for each of the three months ended March 31, 2026 and 2025, respectively. Of the depreciation expense recorded for the three months ended March 31, 2026 and 2025, $1.9 million and $2.1 million related to the depreciation of the Company’s operating lease - right-of-use assets (“ROU Assets”), respectively.

At March 31, 2026 and 2025, accrued purchases of property and equipment were $0.6 million and $0.7 million, respectively.