v3.25.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Leases Balance Sheet
As of December 31, 2025 and 2024, the Company’s operating and financing lease components with initial or remaining terms in excess of one year were classified on the consolidated balance sheets as follows, together with certain supplemental balance sheet information:
(In thousands)
Classification20252024
Assets
Right-of-use assets:
    Operating leaseRight-of-use assets90.2 62.5 
    Finance leaseRight-of-use assets18.5 20.9 
    Total right-of-use assets$108.7 $83.4 
Liabilities
Short-term lease liability:
   Operating leaseOther accrued liabilities13.8 13.8 
   Finance leaseOther accrued liabilities2.0 1.9 
Total short-term lease liability$15.8 $15.7 
Long-term lease liability:
    Operating leasesLong-term lease liability81.6 53.7 
    Finance leasesLong-term lease liability17.0 18.4 
Total long-term lease liability$98.6 $72.1 
Total lease liabilities$114.4 $87.8 
Lease Term and Discount Rate
Weighted average remaining lease term (years) - Operating leases9.97.8
Weighted average remaining lease term (years) - Finance leases12.913.4
Weighted average discount rate - Operating leases5.2 %4.5 %
Weighted average discount rate - Finance leases5.2 %5.1 %
Schedule of Lease Cost
Expense for leases less than 12 months for the year ended December 31, 2025, 2024 and 2023 were not material. The components of lease expense for the year ended December 31, 2025, 2024 and 2023 are as follows:

(In thousands)
202520242023
Operating lease cost$18.5 $17.9 $18.1 
Finance lease cost:
    Amortization of ROU assets2.7 2.2 1.8 
    Interest on lease liabilities1.0 1.1 0.8 
Schedule of Leases Cash Flow Information
The Company combines the amortization of the right-of-use assets and the change in the operating lease liability in the same line item in the Statement of Cash Flows. Other information related to the Company’s operating leases for the year ended December 31, 2025, 2024 and 2023 are as follows:
(In thousands)
202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Cash flows - Operating leases$18.4 $18.9 $18.5 
    Cash flows - Finance leases2.4 2.7 2.2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$46.0 $22.3 $6.2 
Finance leases1.8 1.5 8.8 
Schedule of Lessee Maturity Liability
Future minimum lease payments for noncancellable leases as of December 31, 2025, were as follows:

(In thousands)Operating leasesFinance leases
One year$18.9 $2.7 
Two years17.5 2.7 
Three years13.2 2.7 
Four years9.5 2.0 
Five years7.4 1.9 
Beyond five years58.8 14.0 
Total minimum lease payments$125.3 $26.0 
Less: Interest(29.9)7.0 
Present value of lease liabilities$95.4 $19.0