v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Components of Operating Lease Expense
The following table summarizes the components of the Company's operating lease expense for the three and six months ended June 30, 2026 and 2025:

Three months ended
June 30,		Six months ended
June 30,
2026202520262025
in thousands
Operating lease expense (1)
$2,066 $2,116 $4,174 $4,226 
Variable lease expense (1) (2)
1,304 874 2,171 1,768 
Sublease revenue (3)
(226)(254)(449)(555)
Lease cost, net$3,144 $2,736 $5,896 $5,439 
(1)    Classified within "Selling, general, and administrative expenses" in the Condensed Consolidated Statements of Operations.
(2)    Includes maintenance, taxes, insurance, and payments affected by the Consumer Price Index.
(3)    Classified within "Membership and other revenue" in the Condensed Consolidated Statements of Operations.

The following table summarizes supplemental balance sheet information related to operating leases as of June 30, 2026 and December 31, 2025:

June 30,December 31,
20262025
dollars in thousands
ROU assets obtained in exchange for new operating lease liabilities during the period$206 $2,446 
Weighted average lease term7.157.48
Weighted average discount rate5.1 %5.1 %
Schedule of Maturities of Lease Liabilities
The following table summarizes information about the amount and timing of the Company's future operating lease commitments as of June 30, 2026:

in thousands
2026 - remaining$4,416 
20278,655 
20288,491 
20296,651 
20305,358 
Thereafter17,376 
Total lease payments50,947 
Less: imputed interest(8,587)
Total lease liabilities$42,360