Leases (Tables)

9 Months Ended

Sep. 30, 2025

Leases [Abstract]

Lease, Cost

The following table provides details of our lease contracts for the three-month and nine-month periods ended September 30, 2025 and 2024 (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Operating lease cost	$	9,499	$	9,184	$	26,836	$	28,302
Finance lease cost:
Amortization of right of use assets	1,891		1,653		5,915		5,318
Interest on lease liabilities	1,603		1,568		4,834		4,769
Total finance lease cost	3,494		3,221		10,749		10,087
Short-term lease cost	6,733		4,639		18,732		19,443
Variable lease cost	12,065		9,618		35,764		26,630
Total lease cost	$	31,791	$	26,662	$	92,081	$	84,462

Supplemental cash flow information related to our lease contracts for the nine-month periods ended September 30, 2025 and 2024 is as follows (in thousands):

	Nine Months Ended September 30,
	2025		2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	26,239	$	26,760
Operating cash flows from finance leases	4,820		8,176
Financing cash flows from finance leases	3,694		3,733
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	42,968		16,595
Finance leases	—		6,200

Supplemental Balance Sheet Information related to Leases

Supplemental balance sheet information related to our lease contracts, including the location on balance sheet, at September 30, 2025 and December 31, 2024 is as follows (in thousands, except as noted):

	September 30, 2025			December 31, 2024
Operating leases:
Other assets	$	126,024		$	118,839
Accrued expenses	29,128			32,626
Other noncurrent liabilities	108,645			99,514
Total operating lease liabilities	137,773			132,140
Finance leases:
Net property, plant and equipment	112,046			117,038
Current portion of long-term debt	5,517			5,183
Long-term debt	110,653			113,613
Total finance lease liabilities	116,170			118,796
Weighted average remaining lease term (in years):
Operating leases	12.9			12.9
Finance leases	19.6			20.4
Weighted average discount rate (%):
Operating leases	5.00		%	4.47		%
Finance leases	5.55		%	5.55		%

Lessee, Operating Lease, Liability, Maturity

Maturities of lease liabilities at September 30, 2025 were as follows (in thousands):

	Operating Leases		Finance Leases
Remainder of 2025	$	9,761	$	3,569
2026	29,771		11,476
2027	23,992		11,407
2028	19,676		11,268
2029	18,062		11,268
Thereafter	110,686		134,301
Total lease payments	211,948		183,289
Less imputed interest	74,175		67,119
Total	$	137,773	$	116,170

Finance Lease, Liability, Maturity

Maturities of lease liabilities at September 30, 2025 were as follows (in thousands):

	Operating Leases		Finance Leases
Remainder of 2025	$	9,761	$	3,569
2026	29,771		11,476
2027	23,992		11,407
2028	19,676		11,268
2029	18,062		11,268
Thereafter	110,686		134,301
Total lease payments	211,948		183,289
Less imputed interest	74,175		67,119
Total	$	137,773	$	116,170