Leases (Tables)

3 Months Ended

Mar. 31, 2026

Supplemental Balance Sheet Information about Leases of Lessee

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


	Balance Sheet Location	March 31, 2026		December 31, 2025
Assets
Operating leases	Operating lease right-of-use assets	$	38,580	$	31,800
Finance leases	Property and equipment, net (a)	2,050		2,150
Total lease assets		$	40,630	$	33,950
Liabilities
Current:
Operating leases	Lease liabilities, current portion	$	6,620	$	3,480
Finance leases	Lease liabilities, current portion	570		620
Long-term:
Operating leases	Lease liabilities	34,850		31,080
Finance leases	Lease liabilities	620		730
Total lease liabilities		$	42,660	$	35,910

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(a) Finance leases were recorded net of accumulated depreciation of $0.8 million and $0.7 million as of March 31, 2026 and December 31, 2025, respectively.

Lease, Cost [Table Text Block]

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


		Three months ended March 31,
	Statement of Income Location		2026		2025
Operating lease cost	Cost of sales and Selling, general and administrative expenses		$	2,100	$	1,930
Finance lease cost:
Depreciation of lease assets	Cost of sales		60		60
Interest on lease liabilities	Interest expense		10		10
Short-term, variable and other lease costs	Cost of sales and Selling, general and administrative expenses		1,120		870
Total lease cost			$	3,290	$	2,870

Lessee, Lease Liability, Maturity

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


Year ended December 31,	Operating Leases(a)		Finance Leases(a)
2026 (excluding the three months ended March 31, 2026)	$	6,570	$	510
2027	8,710		750
2028	8,470		—
2029	7,300		—
2030	6,120		—
Thereafter	10,620		—
Total lease payments	47,790		1,260
Less: Imputed interest	(6,320)		(70)
Present value of lease liabilities	$	41,470	$	1,190

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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.

Supplemental Cash Flow Information Related to Leases

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


	Three months ended March 31,
		2026		2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	1,970	$	1,660
Operating cash flows from finance leases		10		10
Financing cash flows from finance leases		130		120
Lease assets obtained in exchange for new lease liabilities:
Operating leases		8,570		3,340