v3.25.1
Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases  
Summary of amount of right-of-use lease assets and lease liabilities

(Thousands)

    

Balance Sheet Location

    

March 31, 2025

    

December 31, 2024

Right-of-use operating lease assets

Operating lease right-of-use assets

$

62,802

$

63,380

Operating lease liabilities - current

Accrued expenses and other current liabilities

5,205

4,420

Operating lease liabilities - noncurrent

Operating lease liabilities

59,605

60,692

Schedule of components of lease costs

Three Months Ended March 31, 

(Thousands)

2025

    

2024

Operating lease cost

$

2,476

$

2,792

Short-term lease cost

206

232

Total

$

2,682

$

3,024

    

March 31, 2025

    

December 31, 2024

Weighted-average discount rate

7.7%

7.7%

Weighted-average remaining lease term

12.0 years

12.1 years

Three Months Ended March 31, 

(Thousands)

    

2025

    

2024

Cash paid related to operating lease liabilities

$

2,283

$

2,503

Schedule of future minimum lease payments under non-cancellable operating leases

(Thousands)

    

2025

$

6,674

2026

8,711

2027

8,637

2028

8,112

2029

8,184

Thereafter

62,300

Total future minimum lease payments

102,618

Less: imputed interest

(37,808)

Present value of minimum lease payments

$

64,810