10. Leases — The Company has operating leases for warehouses, manufacturing facilities, offices, cars, railcars and certain equipment. The lease term includes the non-cancellable period of the lease plus any additional periods covered by either an option to

extend (or not terminate) that the Company is reasonably certain to exercise. The Company has leases with a lease term ranging from one year to approximately 20 years.

The operating lease expense for the three months ended March 31, 2025 and 2024 was $1,816 and $1,936, respectively. Lease expenses related to variable lease payments and short-term leases were immaterial. Other information related to operating leases follows:


	Three months ended March 31, 2025		Three months ended March 31, 2024
Cash paid for amounts included in the measurement of lease liabilities	$	1,926	$	2,032
Right-of-use assets obtained in exchange for new liabilities	$	400	$	2,382

The weighted-average remaining lease term and discount rate related to the operating leases as of March 31, 2025 were as follows:

Future minimum lease payments under non-cancellable operating leases as of March 31, 2025 were as follows:


2025 (excluding three months ended March 31, 2025)	$	5,061
2026		5,272
2027		3,687
2028		2,437
2029		1,813
Thereafter		2,873
Total lease payments	$	21,143
Less: imputed interest		(2,083	)
Total	$	19,060
Amounts recognized in the condensed consolidated balance sheet:
Operating lease liabilities, current	$	5,986
Operating lease liabilities, long term	$	13,074