v3.26.1
Leases
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases Leases
The Company leases office space and equipment under various operating and finance leases, which generally are expected to be renewed or replaced by other leases. The finance leases currently held are considered immaterial. The components of lease cost were as follows:
Components of Lease Cost
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2026202520262025
Finance lease cost:
     Amortization of right-of-use assets$— $2 $— $4 
Operating lease cost1,861 1,948 3,675 3,827 
Short-term lease cost1,548 295 2,951 976 
Variable lease cost51 54 103 108 
Total lease cost$3,460 $2,299 $6,729 $4,915 
Maturities of operating lease liabilities were as follows:
Future Minimum Lease Payments
(in thousands)June 30, 2026December 31, 2025
2026$3,209 *$6,630 
20275,008 4,302 
20282,724 2,068 
20291,899 1,418 
20301,312 837 
Thereafter4,621 310 
Total minimum lease payments$18,773 $15,565 
Less imputed interest(2,657)(1,023)
Total operating lease liabilities$16,116 $14,542 
*Period ended June 30, 2026 represents the remaining six months of 2026.
Future Lease Commencements

As of June 30, 2026, there are additional operating leases, primarily for buildings, that have not yet commenced in the amount of $5.5 million. These operating leases will commence in fiscal year 2026 with lease terms of 2 to 8 years.

Supplemental balance sheet information related to leases was as follows:
Operating Leases
(in thousands)June 30, 2026December 31, 2025
Other non-current assets
$15,613 $14,234 
Accrued liabilities5,802 6,146 
Other long-term liabilities10,314 8,396 
    Total operating lease liabilities$16,116 $14,542 
Weighted Average Remaining Lease Term5.87 years3.11 years
Weighted Average Discount Rate4.90 %4.61 %

Supplemental cash flow information related to leases was as follows:
Six Months Ended
June 30,
(in thousands)20262025
Cash paid for amounts included in the measurement of lease liabilities:
     Operating cash flows from operating leases$3,384 $3,454 
Leases Leases
The Company leases office space and equipment under various operating and finance leases, which generally are expected to be renewed or replaced by other leases. The finance leases currently held are considered immaterial. The components of lease cost were as follows:
Components of Lease Cost
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2026202520262025
Finance lease cost:
     Amortization of right-of-use assets$— $2 $— $4 
Operating lease cost1,861 1,948 3,675 3,827 
Short-term lease cost1,548 295 2,951 976 
Variable lease cost51 54 103 108 
Total lease cost$3,460 $2,299 $6,729 $4,915 
Maturities of operating lease liabilities were as follows:
Future Minimum Lease Payments
(in thousands)June 30, 2026December 31, 2025
2026$3,209 *$6,630 
20275,008 4,302 
20282,724 2,068 
20291,899 1,418 
20301,312 837 
Thereafter4,621 310 
Total minimum lease payments$18,773 $15,565 
Less imputed interest(2,657)(1,023)
Total operating lease liabilities$16,116 $14,542 
*Period ended June 30, 2026 represents the remaining six months of 2026.
Future Lease Commencements

As of June 30, 2026, there are additional operating leases, primarily for buildings, that have not yet commenced in the amount of $5.5 million. These operating leases will commence in fiscal year 2026 with lease terms of 2 to 8 years.

Supplemental balance sheet information related to leases was as follows:
Operating Leases
(in thousands)June 30, 2026December 31, 2025
Other non-current assets
$15,613 $14,234 
Accrued liabilities5,802 6,146 
Other long-term liabilities10,314 8,396 
    Total operating lease liabilities$16,116 $14,542 
Weighted Average Remaining Lease Term5.87 years3.11 years
Weighted Average Discount Rate4.90 %4.61 %

Supplemental cash flow information related to leases was as follows:
Six Months Ended
June 30,
(in thousands)20262025
Cash paid for amounts included in the measurement of lease liabilities:
     Operating cash flows from operating leases$3,384 $3,454