v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Summary of Expected Future Payments Related to Lease Liabilities

The following table summarizes the expected future payments related to lease liabilities as of June 30, 2026:

(in thousands)

 

 

 

Remainder of 2026

 

$

9,988

 

2027

 

 

8,939

 

2028

 

 

8,043

 

2029

 

 

7,532

 

2030

 

 

6,947

 

Thereafter

 

 

19,074

 

Total minimum payments

 

$

60,523

 

Less amounts representing interest

 

 

(11,523

)

Present value of minimum lease payments

 

 

49,000

 

Less current operating lease liabilities

 

 

(11,278

)

Long-term operating lease liabilities

 

$

37,722

 

Summary of Lease Payments and Supplemental Non-Cash Disclosures

The following table summarizes lease payments and supplemental non-cash disclosures:

 

Six-Month Period

Ended June 30,

(in thousands)

2026

2025

Cash paid for amounts included in lease liabilities:

Operating cash flows from operating leases

$

3,768

$

4,490

Non-cash additions to operating lease assets

$

4,747

$

513

Summary of Components of Lease Expense

The following table summarizes the components of lease expense:

 

 

Three-Month Period

 

 

Six-Month Period

 

 

 

Ended June 30,

 

 

Ended June 30,

 

(in thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease cost

$

1,804

 

 

$

1,977

 

 

$

3,510

 

 

$

4,316

 

Variable lease cost

 

289

 

 

 

115

 

 

 

555

 

 

 

216

 

Short-term lease cost

 

446

 

 

 

467

 

 

 

936

 

 

 

869

 

 Total lease cost

$

2,539

 

 

$

2,559

 

 

$

5,001

 

 

$

5,401