Leases (Tables)

3 Months Ended

Mar. 31, 2026

Leases [Abstract]

Components of Lease Expense

The components of lease expense were as follows:

	Three Months Ended March 31,
(in thousands)	2026		2025
Finance lease costs:
Interest on lease liabilities		—		2
Operating lease costs		5,022		6,057
Short-term lease costs		212		135
Variable lease costs		610		493
Total lease costs	$	5,844	$	6,687

Summary of Operating And Finance Lease Supplemental Cash Flow Information

A summary of cash flow information related to leases follows:

	Three Months Ended March 31,
(in thousands)	2026		2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used for operating leases	$	4,954	$	5,781
Operating cash flows used for finance leases		—		2
Financing cash flows used for finance leases		—		47
Right-of-use assets obtained in exchange for new operating lease liabilities		6,061		255

Summary of Operating And Finance Lease Supplemental Balance Sheet Information

A summary of other information about the Company’s leases follows:

	March 31,			December 31,
(dollars in thousands)	2026			2025
Operating lease right-of-use assets	$	104,725		$	102,664
Operating lease liabilities, current (included in accrued liabilities)	$	14,938		$	14,042
Operating lease liabilities, noncurrent	$	99,546		$	98,689
Weighted average remaining lease term – operating leases	8.0 yrs			8.4 yrs
Weighted average discount rate – operating leases		4.7	%		4.6	%

Future Annual Minimum Operating Lease Payments and Finance Lease Commitments

A summary of the Company's future annual minimum lease payments as of March 31, 2026 follows (in thousands):

Year ending December 31,	Operating Leases
Remaining 9 months of 2026	$	14,758
2027		17,847
2028		17,034
2029		15,941
2030 and thereafter		71,964
Total minimum lease payments		137,544
Less: imputed interest		(23,060	)
Total present value of lease liabilities	$	114,484