Leases (Tables)

12 Months Ended

Dec. 31, 2025

The following maturity analysis of operating lease liabilities as of December 31, 2025 is approximately as follows (in thousands):


Year Ending December 31,	Operating Leases
2026	$	9,121
2027	23,773
2028	24,252
2029	22,655
2030	18,800
Thereafter	44,959
Total lease payments	143,560
Less: amount representing interest	(33,154)
Present value of lease liabilities	$	110,406

Supplemental balance sheet information is as follows (in thousands):


Leases	Classification	December 31,
		2025		2024
Assets
Operating leases	Operating lease right-of-use assets	$	82,104	$	76,908
Total lease assets		$	82,104	$	76,908
Liabilities
Current
Operating leases	Operating lease liabilities, current	$	3,958	$	17,074
Noncurrent
Operating leases	Operating lease liabilities, noncurrent	106,448		90,881
Total lease liabilities		$	110,406	$	107,955

The components of lease expense as follows for the years presented (in thousands):

Other information related to leases was as follows (in thousands, except as noted):


	Year Ended December 31,
	2025		2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in operating leases	21,938		20,607
Weighted-average remaining lease term (in years):
Weighted average remaining lease term in years—operating leases	6.90		6.08
Weighted-average discount rate:
Weighted average discount rate—operating leases	6.3	%	5.3%