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LEASES
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
LEASES LEASES
We lease certain warehouse, plant and office facilities, as well as certain equipment, under non-cancelable operating and finance leases expiring at various dates through the year 2042. Most of the operating leases contain renewal options and certain leases include options to purchase the related asset during or at the end of the lease term.
Amortization expense related to finance leases is included in depreciation expense, while rent expense related to operating leases is included within cost of sales and selling, research & development and administrative expenses.
The components of lease expense for the three and six months ended June 30, 2025 and 2024 were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Operating lease cost$5,637 $4,854 $10,877 $9,735 
Finance lease cost:
Amortization of right-of-use assets$1,923 $1,591 $3,781 $3,261 
Interest on lease liabilities285 302 573 598 
Total finance lease cost$2,208 $1,893 $4,354 $3,859 
Short-term lease and variable lease costs$5,402 $4,998 $10,250 $10,196 
Supplemental cash flow information related to leases were as follows:
Six Months Ended June 30,20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$10,730 $9,754 
Operating cash flows from finance leases625 647 
Financing cash flows from finance leases1,720 1,821 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$6,814 $12,059 
Finance leases360 311 
LEASES LEASES
We lease certain warehouse, plant and office facilities, as well as certain equipment, under non-cancelable operating and finance leases expiring at various dates through the year 2042. Most of the operating leases contain renewal options and certain leases include options to purchase the related asset during or at the end of the lease term.
Amortization expense related to finance leases is included in depreciation expense, while rent expense related to operating leases is included within cost of sales and selling, research & development and administrative expenses.
The components of lease expense for the three and six months ended June 30, 2025 and 2024 were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Operating lease cost$5,637 $4,854 $10,877 $9,735 
Finance lease cost:
Amortization of right-of-use assets$1,923 $1,591 $3,781 $3,261 
Interest on lease liabilities285 302 573 598 
Total finance lease cost$2,208 $1,893 $4,354 $3,859 
Short-term lease and variable lease costs$5,402 $4,998 $10,250 $10,196 
Supplemental cash flow information related to leases were as follows:
Six Months Ended June 30,20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$10,730 $9,754 
Operating cash flows from finance leases625 647 
Financing cash flows from finance leases1,720 1,821 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$6,814 $12,059 
Finance leases360 311