v3.26.1
Operating Leases
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Operating Leases
5. Operating Leases
The following table provides a summary of supplemental cash flow information related to our operating leases:
Six Months Ended June 30,
(in thousands)20252026
Cash payments included in operating cash flows for lease arrangements$4,184 $5,456 
Right-of-use assets obtained in exchange for new operating lease liabilities$1,386 $24,844 
The Company entered into a lease agreement for a warehouse and distribution facility located in Pennsylvania, which commenced on June 1, 2026 with an initial term of 7.4 years. The Company classified this lease as an operating lease. Upon commencement, the Company recognized an ROU asset and corresponding lease liability of $20.8 million, measured using a discount rate of 5.26%.