| Leases |
NOTE 12 — Leases Operating leases were included on the Company’s Condensed Consolidated Balance Sheets as follows (dollars in thousands): | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Operating Leases: | | | | | Operating lease right of use assets, net | $ | 96,554 | | | $ | 93,586 | | | Current portion of operating lease obligations | $ | 8,952 | | | $ | 8,524 | | | Long-term operating lease obligations | 89,203 | | | 88,144 | | | Total lease liability | $ | 98,155 | | | $ | 96,668 | |
The components of operating lease expense were as follows (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended | | For the Six Months
Ended | | June 30,
2026 | | June 30,
2025 | | June 30,
2026 | | June 30,
2025 | | Operating lease cost | $ | 5,711 | | | $ | 4,136 | | | $ | 11,540 | | | $ | 8,348 | | | Short-term lease costs | 705 | | | 718 | | | 1,345 | | | 1,222 | | | Variable lease expense | 1,300 | | | 836 | | | 1,970 | | | 1,343 | | | Total operating lease expense, net | $ | 7,717 | | | $ | 5,690 | | | $ | 14,855 | | | $ | 10,912 | |
Supplemental cash flow information related to operating leases for the six months ended June 30, 2026 and 2025 was as follows (dollars in thousands): | | | | | | | | | | | | | June 30,
2026 | | June 30,
2025 | | Cash paid for amounts included in the measurement of operating lease liabilities | $ | 10,496 | | | $ | 7,874 | | | Right of use assets obtained in exchange for operating lease liabilities | $ | 2,932 | | | $ | 14,621 | |
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