v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Summary of leases The following table summarizes the Company’s leases:
June 30, 2025December 31, 2024
(Dollars in thousands)Finance
Leases		Operating
Leases		Finance
Leases		Operating
Leases
ROU assets$30,860 31,022 
Accumulated depreciation(12,945)(11,056)
Net ROU assets$17,915 38,610 19,966 36,286 
Lease liabilities$19,405 42,274 21,279 39,902 
Weighted-average remaining lease term11 years14 years11 years15 years
Weighted-average discount rate3.5 %3.8 %3.6 %3.7 %
Operating lease liability maturity
Maturities of lease liabilities consist of the following:
June 30, 2025
(Dollars in thousands)Finance
Leases		Operating
Leases
Maturing within one year$4,670 5,641 
Maturing one year through two years4,675 5,772 
Maturing two years through three years2,666 4,997 
Maturing three years through four years658 4,185 
Maturing four years through five years628 3,764 
Thereafter10,251 32,281 
Total lease payments23,548 56,640 
Present value of lease payments
Short-term4,063 4,152 
Long-term15,342 38,122 
Total present value of lease payments19,405 42,274 
Difference between lease payments and present value of lease payments$4,143 14,366 
Finance lease liability maturity
Maturities of lease liabilities consist of the following:
June 30, 2025
(Dollars in thousands)Finance
Leases		Operating
Leases
Maturing within one year$4,670 5,641 
Maturing one year through two years4,675 5,772 
Maturing two years through three years2,666 4,997 
Maturing three years through four years658 4,185 
Maturing four years through five years628 3,764 
Thereafter10,251 32,281 
Total lease payments23,548 56,640 
Present value of lease payments
Short-term4,063 4,152 
Long-term15,342 38,122 
Total present value of lease payments19,405 42,274 
Difference between lease payments and present value of lease payments$4,143 14,366 
Components of lease expense and supplemental cash flow information
The components of lease expense included in other expense on the consolidated statements of operations consist of the following:
Three Months endedSix Months ended
(Dollars in thousands)June 30,
2025		June 30,
2024		June 30,
2025		June 30,
2024
Finance lease cost
Amortization of ROU assets$1,077 1,101 2,152 2,191 
Interest on lease liabilities176 216 358 440 
Operating lease cost1,494 1,309 2,775 2,627 
Short-term lease cost147 110 273 233 
Variable lease cost475 291 948 755 
Sublease income(19)(10)(29)(20)
Total lease expense$3,350 3,017 6,477 6,226 

Supplemental cash flow information related to leases is as follows:
Three Months ended
June 30, 2025June 30, 2024
(Dollars in thousands)Finance
Leases		Operating
Leases		Finance
Leases		Operating
Leases
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows$176 1,192 216 866 
Financing cash flows983 N/A968 N/A
Six Months ended
June 30, 2025June 30, 2024
(Dollars in thousands)Finance
Leases		Operating
Leases		Finance
Leases		Operating
Leases
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows$358 2,113 440 1,690 
Financing cash flows1,959 N/A1,916 N/A