v3.26.3
Lease Obligations (Tables)
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Lease Activity

On a consolidated basis, lease activity for the three and nine months ended September 30, 2026 and 2025 was as follows:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

Finance lease expense

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of ROU assets

 

$

2,145

 

 

$

1,708

 

 

$

5,888

 

 

$

5,132

 

Interest on lease liabilities

 

 

2,023

 

 

 

1,642

 

 

 

5,754

 

 

 

5,005

 

Operating lease expense

 

 

1,012

 

 

 

557

 

 

 

2,524

 

 

 

1,622

 

Total

 

$

5,180

 

 

$

3,907

 

 

$

14,166

 

 

$

11,759

 
Schedule of Supplemental Cash Flow Information

On a consolidated basis, supplemental cash flow information for the nine months ended September 30, 2026 and 2025 was as follows:

 

 

Nine Months Ended September 30,

 

 

 

2026

 

 

2025

 

 

 

(in thousands, except percentages and years)

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

Operating cash flows from finance leases

 

$

5,444

 

 

$

5,011

 

Financing cash flows from finance leases

 

$

3,359

 

 

$

2,892

 

Operating cash flows from operating leases

 

$

2,391

 

 

$

1,660

 

ROU assets obtained in exchange for new finance lease liabilities

 

$

52,457

 

 

$

—

 

ROU assets obtained in exchange for new operating lease liabilities

 

$

14,378

 

 

$

1,342

 

Weighted-average remaining lease term in years for finance leases

 

 

15.82

 

 

 

13.31

 

Weighted-average remaining lease term in years for operating leases

 

 

10.07

 

 

 

5.52

 

Weighted-average discount rate for finance leases

 

 

7.07

%

 

 

8.35

%

Weighted-average discount rate for operating leases

 

 

7.15

%

 

 

9.57

%