v3.26.1
Leases
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Lessee, Operating Leases [Text Block] Leases
The Company enters into leases for real estate and equipment. Real estate leases are for our corporate office space and laboratories around the world. Real estate leases have remaining lease terms of less than 1 year to 15 years. Many of the Company’s leases include options to extend the leases on a month to month basis or for set periods for up to 20 years. Many leases also include options to terminate the leases within 1 year or per other contractual terms.
The components of lease expense were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Operating lease cost$8,041 $7,688 $15,783 $15,753 
Variable lease cost$3,430 $2,819 $6,820 $5,831 
Supplemental cash flow information related to the leases was as follows (in thousands):
Six Months Ended June 30,
20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$12,820 $13,023 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$20,892 $8,202 
Supplemental balance sheet information related to the leases was as follows (in thousands):
As of
June 30,
2026		December 31,
2025
Operating lease right-of-use assets - related parties$65,371 $68,416 
Operating lease right-of-use assets - non-related parties60,478 49,399 
Operating lease right-of-use assets$125,849 $117,815 
Other current liabilities - related parties7,232 6,915 
Other current liabilities - non-related parties16,780 16,294 
Other current liabilities$24,012 $23,209 
Operating lease liabilities - related parties73,625 77,344 
Operating lease liabilities - non-related parties46,475 36,299 
Operating lease liabilities120,100 113,643 
Total operating lease liabilities$144,112 $136,852 
Weighted Average Remaining Lease Term (years)
Operating leases9.09.1
Weighted Average Discount Rate
Operating leases5.7%5.7%
Lease payments due related to lease liabilities as of June 30, 2026 were as follows (in thousands):
Related Party
Operating Leases
Non-Related Parties
Operating Leases
Total
Operating Leases
Remainder of 2026
$5,928 $9,223 $15,151 
202710,839 18,469 29,308 
20288,609 13,549 22,158 
20298,824 10,258 19,082 
20309,045 6,827 15,872 
Later years73,800 14,141 87,941 
Total lease payments117,045 72,467 189,512 
Less: imputed interest(36,188)(9,212)(45,400)
Total$80,857 $63,255 $144,112