Annual report [Section 13 and 15(d), not S-K Item 405]

LEASES (Tables)

v3.25.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Operating ROU Assets and Lease Liabilities
The following is a summary of the Company’s operating ROU assets and lease liabilities at December 31:
(In thousands) 2025 2024
Operating Leases:
Operating Right-of-Use Assets, Net $ 32,269  $ 23,609 
Short-term Operating Lease Liabilities $ 5,802  $ 4,697 
Long-term Operating Lease Liabilities 38,101  20,508 
Operating Lease Liabilities $ 43,903  $ 25,205 
Schedule of Operating Lease Costs and Cash Paid
The following is a summary of the Company’s operating lease costs as of December 31:
(In thousands) 2025 2024
Operating Lease Cost 9,029  6,731 
Variable Lease Cost 3,447  2,550 
Short-term Lease Cost (excluding month-to-month) 137  178 
Less Sublease and Rental Income (1,152) (969)
Total Operating Lease Cost $ 11,461  $ 8,490 
The following is cash (received) paid for amounts included in the measurement of operating lease liabilities as of December 31:
(In thousands) 2025 2024
Operating Cash Flow for Operating Leases $ (966) $ 6,664 
Schedule of Maturity of Operating Lease Liabilities
The following is a summary of the Company’s maturity of operating lease liabilities:
(In thousands) Operating Leases
2026 $ 8,371 
2027 7,842 
2028 7,770 
2029 6,931 
2030 6,083 
Thereafter 17,974 
Total Lease Payments 54,971 
Less: Interest 11,068 
Total Lease Liability $ 43,903 
Schedule of Maturity of Lease Liabilities, Financing Leases
The following is a summary of the Company’s maturity of operating lease liabilities:
(In thousands) Operating Leases
2026 $ 8,371 
2027 7,842 
2028 7,770 
2029 6,931 
2030 6,083 
Thereafter 17,974 
Total Lease Payments 54,971 
Less: Interest 11,068 
Total Lease Liability $ 43,903