v3.26.1
Commitments and Contingencies (Tables)
 3 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense are as follows (in thousands):
Three Months Ended
March 31,
20262025
Lease expense
Operating lease expense$6,857$7,328
Variable lease expense (1)
604222
Total lease expense$7,461$7,550
(1)Represents amounts incurred in excess of the minimum payments required for a certain building lease and for the handling and unloading of railcars for a certain land lease, offset by railcar lease abatements provided by the lessor when railcars are out of service during periods of maintenance or upgrade.
Schedule of Supplemental Cash Flow Information Related to Operating Leases
Supplemental cash flow information related to operating leases is as follows (in thousands):
Three Months Ended
March 31,
20262025
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$7,010 $7,372 
Right-of-use assets obtained in exchange for lease obligations
Operating leases8,027 282 
Schedule of Supplemental Balance Sheet Information Related to Operating Leases
Supplemental balance sheet information related to operating leases is as follows:
March 31,
2026		December 31,
2025
Weighted average remaining lease term3.7 years3.8 years
Weighted average discount rate5.40 %5.46 %
Schedule of Aggregate Minimum Lease Payments
Aggregate minimum lease payments under the operating lease agreements for the remainder of 2026 and in future years are as follows (in thousands):
Year Ending December 31,Amount
2026$19,211 
202722,111 
202813,637 
202910,181 
20304,597 
Thereafter3,739 
Total73,476 
Less: Present value discount(6,954)
Lease liabilities$66,522