| Schedule of Property and Equipment, Net |
Property and equipment, net consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | | | June 30, 2026 | | December 31, 2025 | | Software | | | | $ | 20,944 | | | $ | 14,630 | | | | | | | | | | | | Equipment and fixtures | | | | | | 356,096 | | | 305,116 | | | | | | | | | | | | Buildings and leasehold improvements | | | | | | 739,156 | | | 684,322 | | | Land | | | | 7,022 | | | 7,022 | | | | | | | | | Construction-in-progress 1 | | | | 100,993 | | | 75,225 | | | Property and equipment, gross | | | | | | 1,224,211 | | | 1,086,315 | | | Less: accumulated depreciation | | | | | | (318,970) | | | (261,813) | | | Property and equipment, net | | | | | | $ | 905,241 | | | $ | 824,502 | |
_______________ 1 Construction-in-progress primarily consisted of construction and equipment costs for new and existing shops. Depreciation expense included in our condensed consolidated statements of operations was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (in thousands) | | 2026 | | 2025 | | 2026 | | 2025 | | | | Cost of sales | | $ | 26,183 | | | $ | 19,942 | | | $ | 55,340 | | | $ | 38,907 | | | | Selling, general, and administrative | | 1,656 | | | 801 | | | 3,086 | | | 1,188 | | | | | Total depreciation expense | | $ | 27,839 | | | $ | 20,743 | | | $ | 58,426 | | | $ | 40,095 | | | |
|