v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Supplemental Balance Sheet Information about Leases of Lessee
Supplemental balance sheet information related to the Company's leases are shown below (dollars in thousands):
Balance Sheet LocationJune 30, 2025December 31, 2024
Assets
Operating leasesOperating lease right-of-use assets$45,760 $40,480 
Finance leases
Property and equipment, net (a)
2,280 2,110 
Total lease assets$48,040 $42,590 
Liabilities
Current:
Operating leasesLease liabilities, current portion$9,140 $7,580 
Finance leasesLease liabilities, current portion530 460 
Long-term:
Operating leasesLease liabilities39,520 35,520 
Finance leasesLease liabilities1,080 1,160 
Total lease liabilities$50,270 $44,720 
__________________________
(a)     Finance leases were recorded net of accumulated depreciation of $0.6 million and $0.4 million as of June 30, 2025 and December 31, 2024, respectively.
Lease, Cost [Table Text Block]
The components of lease expense are as follows (dollars in thousands):
Three months ended June 30,Six months ended June 30,
Statement of Income Location2025202420252024
Operating lease costCost of sales and Selling, general and administrative expenses$2,920 $2,560 $5,500 $4,840 
Finance lease cost:
Depreciation of lease assetsCost of sales70 50 130 110 
Interest on lease liabilitiesInterest expense10 20 20 30 
Short-term, variable and other lease costsCost of sales and Selling, general and administrative expenses1,050 1,060 2,140 2,150 
Total lease cost$4,050 $3,690 $7,790 $7,130 
Lessee, Lease Liability, Maturity
Maturities of lease liabilities are as follows (dollars in thousands):
Year ended December 31,
Operating Leases(a)
Finance Leases(a)
2025 (excluding the six months ended June 30, 2025)$5,390 $280 
202611,090 650 
20279,710 750 
20287,740 — 
20296,330 — 
Thereafter14,100 — 
Total lease payments54,360 1,680 
Less: Imputed interest(5,700)(70)
Present value of lease liabilities$48,660 $1,610 
__________________________
(a)     The maturity table excludes cash flows associated with exited lease facilities. Liabilities for exited lease facilities are included in accrued liabilities and other long-term liabilities in the accompanying consolidated balance sheet.
Supplemental Cash Flow Information Related to Leases
Other information related to the Company's leases are as follows (dollars in thousands):
Three months ended
June 30,		Six months ended
June 30,
2025202420252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$2,740 $2,320 $5,410 $4,680 
Operating cash flows from finance leases10 20 20 30 
Financing cash flows from finance leases120 120 240 240 
Lease assets obtained in exchange for new lease liabilities:
Operating leases2,010 80 8,670 950