v3.26.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Summary of Maturities of Operating Lease Liabilities

The following is a schedule, by years, of maturities of lease liabilities as of December 31, 2025 (in thousands):

 

 

 

Amounts

 

2026

 

$

15,600

 

2027

 

 

9,961

 

2028

 

 

8,759

 

2029

 

 

8,984

 

2030

 

 

8,345

 

Thereafter

 

 

21,631

 

Total undiscounted lease payments

 

 

73,280

 

Less: imputed interest

 

 

(14,100

)

Present value of lease liabilities

 

$

59,180

 

Lease Expense [Table Text Block]

The components of lease expense were as follows (in thousands):

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Operating lease expense

 

$

12,245

 

 

$

12,988

 

 

$

13,192

 

Short-term lease expense

 

 

9

 

 

 

31

 

 

 

494

 

Variable lease expense

 

 

3,250

 

 

 

3,320

 

 

 

3,618

 

Sublease income

 

 

(4,622

)

 

 

 

 

 

 

Total lease expense

 

$

10,882

 

 

$

16,339

 

 

$

17,304

 

Summary of Lessee, Weighted Average Remaining Lease Term and Weighted Average Discount Rates

 

 

 

December 31,

 

 

 

2025

 

 

2024

 

Weighted-average remaining lease term (in years)

 

 

6.3

 

 

 

6.8

 

Weighted-average discount rate

 

 

6.8

%

 

 

6.8

%

Supplemental cash flow information related to leases [Table Text Block]

Supplemental cash flow information related to leases is as follows (in thousands):

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Cash paid for operating lease liabilities, included in operating cash flows

 

 

16,104

 

 

 

15,824

 

 

 

15,157

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

 

 

 

 

(49

)

 

 

2,668