A summary of the Company's lease portfolio as of September 30, 2026, and December 31, 2025, is presented in the table below:
|
|
|
|
|
|
|
|
|
|
|
(U.S. Dollars, in thousands) |
|
Classification |
|
September 30,
2026 |
|
|
December 31,
2025 |
|
|
|
|
|
(Unaudited) |
|
|
|
|
Assets |
|
|
|
|
|
|
Operating leases |
|
Other long-term assets |
|
$ |
20,926 |
|
|
$ |
22,279 |
|
Finance leases |
|
Property, plant, and equipment, net |
|
|
9,124 |
|
|
|
14,442 |
|
Total lease assets |
|
|
|
$ |
30,050 |
|
|
$ |
36,721 |
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
Current |
|
|
|
|
|
|
|
|
Operating leases |
|
Other current liabilities |
|
$ |
3,296 |
|
|
$ |
3,147 |
|
Finance leases |
|
Current portion of finance lease liability |
|
|
136 |
|
|
|
837 |
|
Long-term |
|
|
|
|
|
|
|
|
Operating leases |
|
Other long-term liabilities |
|
|
23,939 |
|
|
|
25,413 |
|
Finance leases |
|
Long-term portion of finance lease liability |
|
|
12,868 |
|
|
|
17,060 |
|
Total lease liabilities |
|
|
|
$ |
40,239 |
|
|
$ |
46,457 |
|
|