v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Summary of Components of Lease Expense
The following table presents the components of lease expense for the periods ended:
Three months ended June 30,Six months ended June 30,
(in thousands)2026202520262025
Operating lease cost$1,574 $1,401 $3,139 $2,818 
Short-term lease cost51 49 101 95 
Variable lease income(5)(6)(11)(16)
Total lease cost$1,620 $1,444 $3,229 $2,897 
Summary of Supplemental Cash Flow Information Related to Leases
The following table presents supplemental cash flow information related to leases for the periods ended:
Three months ended June 30,Six months ended June 30,
(in thousands)2026202520262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$1,679 $1,486 $3,348 $2,996 
ROUA obtained in exchange for operating lease liabilities$158 $535 $778 $1,006 
Summary of Weighted Average Operating Lease Term And Discount Rate
The following table presents the weighted average operating lease term and discount rate as of the period ended:
June 30,
20262025
Weighted-average remaining lease term (years)7.27.3
Weighted-average discount rate3.88 %3.58 %
Summary of Future Expected Operating Lease Payments
At June 30, 2026, future expected operating lease payments are as follows:
(in thousands)
Periods ending December 31,
2026$3,053 
20275,734 
20284,493 
20293,180 
20302,751 
Thereafter9,940 
29,151 
Discount for present value of expected cash flows(3,851)
Lease liability at June 30, 2026$25,300