Leases

3 Months Ended

Mar. 31, 2025

The components of lease expense are as follows:


	Three Months Ended March 31,
	2025		2024
Operating lease cost	$	3,211	$	2,399
Finance lease cost	26		34
Short-term lease cost	1,026		796
Total lease expense	$	4,263	$	3,229

Supplemental balance sheet information related to leases is as follows:


	Balance Sheet Location	March 31, 2025		December 31, 2024
Operating Leases
Right-of-use assets, net	Other assets, net	$	35,272	$	29,931

Current liabilities	Accrued liabilities and other	8,160		8,033
Non-current liabilities	Other long-term liabilities	28,112		22,795
Total operating lease liabilities		$	36,272	$	30,828



Finance Leases
Right-of-use assets, net	Other assets, net	$	136	$	97

Current liabilities	Accrued liabilities and other	54		57
Non-current liabilities	Other long-term liabilities	80		37
Total finance lease liabilities		$	134	$	94

Cash payments on operating leases were $2.8 million and $2.5 million for the three months ended March 31, 2025 and 2024 respectively.

Anticipated future lease costs, which are based in part on certain assumptions to approximate annual rental commitments under non-cancelable leases, are as follows:


	Operating		Financing		Total
Remainder of 2025	$	9,200	$	54	$	9,254
2026	10,010		47		10,057
2027	6,837		24		6,861
2028	5,318		17		5,335
2029	4,358		16		4,374
Thereafter	20,109		—		20,109
Total lease payments	$	55,832	$	158	$	55,990
Less: Imputed interest	(19,560)		(24)		(19,584)
Present value of lease liabilities	$	36,272	$	134	$	36,406

Leases

The components of lease expense are as follows:


	Three Months Ended March 31,
	2025		2024
Operating lease cost	$	3,211	$	2,399
Finance lease cost	26		34
Short-term lease cost	1,026		796
Total lease expense	$	4,263	$	3,229

Supplemental balance sheet information related to leases is as follows:


	Balance Sheet Location	March 31, 2025		December 31, 2024
Operating Leases
Right-of-use assets, net	Other assets, net	$	35,272	$	29,931

Current liabilities	Accrued liabilities and other	8,160		8,033
Non-current liabilities	Other long-term liabilities	28,112		22,795
Total operating lease liabilities		$	36,272	$	30,828



Finance Leases
Right-of-use assets, net	Other assets, net	$	136	$	97

Current liabilities	Accrued liabilities and other	54		57
Non-current liabilities	Other long-term liabilities	80		37
Total finance lease liabilities		$	134	$	94

Cash payments on operating leases were $2.8 million and $2.5 million for the three months ended March 31, 2025 and 2024 respectively.

Anticipated future lease costs, which are based in part on certain assumptions to approximate annual rental commitments under non-cancelable leases, are as follows:


	Operating		Financing		Total
Remainder of 2025	$	9,200	$	54	$	9,254
2026	10,010		47		10,057
2027	6,837		24		6,861
2028	5,318		17		5,335
2029	4,358		16		4,374
Thereafter	20,109		—		20,109
Total lease payments	$	55,832	$	158	$	55,990
Less: Imputed interest	(19,560)		(24)		(19,584)
Present value of lease liabilities	$	36,272	$	134	$	36,406