v3.26.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Components of Operating Lease Expense
The following table summarizes the components of the Company's operating lease expense for the three and nine months ended September 30, 2026 and 2025:

Three months ended
September 30,		Nine months ended
September 30,
2026202520262025
in thousands
Operating lease expense (1)
$2,105 $2,364 $6,279 $6,590 
Variable lease expense (1) (2)
1,038 993 3,209 2,761 
Sublease revenue (3)
(297)(254)(746)(809)
Lease cost, net$2,846 $3,103 $8,742 $8,542 
(1)    Classified within "Selling, general, and administrative expenses" in the Condensed Consolidated Statements of Operations.
(2)    Includes maintenance, taxes, insurance, and payments affected by the Consumer Price Index.
(3)    Classified within "Membership and other revenue" in the Condensed Consolidated Statements of Operations.

The following table summarizes supplemental balance sheet information related to operating leases as of September 30, 2026 and December 31, 2025:

September 30,December 31,
20262025
dollars in thousands
ROU assets obtained in exchange for new operating lease liabilities during the period$926 $2,446 
Weighted average lease term (in years)6.957.48
Weighted average discount rate5.2 %5.1 %
Schedule of Maturities of Lease Liabilities
The following table summarizes information about the amount and timing of the Company's future operating lease commitments as of September 30, 2026:

in thousands
2026 - remaining$2,206 
20278,816 
20288,669 
20296,833 
20305,544 
Thereafter17,568 
Total lease payments49,636 
Less: imputed interest(8,212)
Total lease liabilities$41,424