Leases (Notes)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Lessee, Operating Leases

Leases

The majority of the Company's lease obligations are non-cancelable operating leases for certain equipment and facilities. The Company's finance leases are for certain equipment as part of the Company's acquisition of Aarts. Leases with an initial term of 12 months or less are not recorded on the balance sheet; expense related to these leases is recognized on a straight-line basis over the lease term.

Supplemental balance sheet information related to the Company's leases are shown below (dollars in thousands):

	Balance Sheet Location	December 31, 2025		December 31, 2024
Assets
Operating leases	Operating lease right-of-use assets	$	31,800	$	32,440
Finance leases	Property and equipment, net (a)	2,150		2,110
Total lease assets		$	33,950	$	34,550
Liabilities
Current:
Operating leases	Lease liabilities, current portion	$	3,480	$	5,540
Finance leases	Lease liabilities, current portion	620		460
Long-term:
Operating leases	Lease liabilities	31,080		29,080
Finance leases	Lease liabilities	730		1,160
Total lease liabilities		$	35,910	$	36,240

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(a)     Finance leases were recorded net of accumulated depreciation of $0.7 million and $0.4 million as of December 31, 2025 and 2024, respectively.

The components of lease expense are as follows (dollars in thousands):

		Year ended December 31,
	Statement of Income Location	2025		2024		2023
Operating lease cost	Cost of sales and Selling, general and administrative expenses	$	8,410	$	7,410	$	9,170
Finance lease cost:
Depreciation of lease assets	Cost of sales	240		220		220
Interest on lease liabilities	Interest expense	40		50		60
Short-term, variable and other lease costs	Cost of sales and Selling, general and administrative expenses	3,550		3,440		3,110
Total lease cost		$	12,240	$	11,120	$	12,560

Maturities of lease liabilities are as follows (dollars in thousands):

Year ended December 31,	Operating Leases(a)		Finance Leases(a)
2026	$	8,900	$	650
2027	7,690		750
2028	6,750		—
2029	5,570		—
2030	4,330		—
Thereafter	6,450		—
Total lease payments	39,690		1,400
Less: Imputed interest	(5,130)		(50)
Present value of lease liabilities	$	34,560	$	1,350

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(a)     The maturity table excludes cash flows associated with exited lease facilities. Liabilities for exited lease facilities are included in accrued liabilities and other long-term liabilities in the accompanying consolidated balance sheet.

Other information related to the Company's leases are as follows (dollars in thousands):

	2025		2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	7,610	$	7,150	$	8,220
Operating cash flows from finance leases	40		50		60
Financing cash flows from finance leases	500		480		450
Lease assets obtained in exchange for new lease liabilities:
Operating leases	5,250		4,760		8,310
Finance leases	—		—		2,620

The weighted-average remaining term of the Company's operating leases and finance leases as of December 31, 2025, is 5.6 and 1.6 years, respectively. The weighted-average discount rate for operating and finance leases as of December 31, 2025, is 4.4% and 2.6%, respectively.