Operating Lease Liabilities and Finance Obligations |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Operating Lease Liabilities and Finance Obligations | |
| Operating Lease Liabilities and Finance Obligations | 8. Operating Lease Liabilities and Finance Obligations The carrying value of the Company’s operating lease liabilities was $187.9 million and $265.1 million as of September 30, 2026 and December 31, 2025, respectively. During the three and nine months ended September 30, 2026, the Company made payments on its operating lease liabilities in the amount of $11.1 million and $42.8 million, respectively. Included in these payments of operating lease liabilities, the Company initiated strategic buy-outs of its operating lease liabilities in the amount of $6.4 million and $21.9 million during the three and nine months ended September 30, 2026, respectively. Additionally, during the three and nine months ended September 30, 2026, the Company recognized a gain of $6.6 million related to the extinguishment of an operating lease liability, which was recorded to selling, general, and administrative expenses in the unaudited interim condensed consolidated statements of operations. The carrying value of the Company’s finance obligations was $194.7 million and $268.0 million as of September 30, 2026 and December 31, 2025, respectively. During the three and nine months ended September 30, 2026, the Company made principal repayments on its finance obligations in the amount of $13.8 million and $48.9 million, respectively. |