Property and Equipment (Notes)

12 Months Ended

Dec. 31, 2025

Property and Equipment [Abstract]

Property and Equipment

Note 6 – Property and Equipment

The major classes of assets and total accumulated depreciation and amortization were as follows:

		As of December 31,
(in thousands)	Average Useful Life	2025		2024
Land and building	27.5 (Building)	$	6,854	$	1,322
Leasehold improvements	Lesser of remaining lease or asset life	115,174		94,820
Machinery and equipment	10 years	13,561		12,935
Furniture and fixtures	3 to 5 years	51,886		18,415
Computer equipment and software	3 to 10 years	111,654		90,530
Construction in progress		4,392		3,784
		303,521		221,806
Less: impairments and disposals		10,845		11,696
Less: accumulated depreciation and amortization		176,874		152,722
Property and equipment, net		$	115,802	$	57,388

Depreciation and amortization expense related to property and equipment included in operating expenses was $23,982, $15,597, and $13,419 in 2025, 2024, and 2023, respectively, and includes computer software amortization expense of $3,555, $3,171, and $3,762, respectively. There were no impairment charges recorded for the years ended December 31, 2025 and 2024.