v3.25.4
Leases
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Leases Leases
We have noncancelable leases for our buildings and growing facilities and we are obligated to make payments under noncancelable operating leases for automobiles used by our sales force.
The components of the lease expense for the years ended December 31, 2025, 2024 and 2023 were as follows (in thousands):
Year Ended December 31,
Lease Cost202520242023
Operating lease cost$23,922 $22,209 $19,394 
Short-term lease cost7,485 7,441 6,290 
Variable lease cost242 789 81 
Sublease income(1,047)(472)(22)
Finance Lease Cost
Amortization of leased asset490 413 481 
Interest on lease liabilities370 442 377 
Net lease cost$31,462 $30,822 $26,601 
Supplemental balance sheet information related to operating and finance leases was as follows (in thousands):
December 31,
LeasesClassification20252024
Assets
Operating lease assetsOperating lease assets$58,880 $53,582 
Finance lease assetsProperty, plant and equipment2,804 3,917 
Total lease assets$61,684 $57,499 
Liabilities
Current
  Operating lease liabilitiesAccrued liabilities$14,278 $14,331 
Finance lease liabilitiesAccrued liabilities439 448 
Non-current
  Operating lease liabilitiesOperating lease liabilities, less current portion50,892 38,938 
Finance lease liabilitiesOther non-current liabilities3,440 4,561 
Total lease liabilities$69,049 $58,278 
December 31,
Lease Term and Discount Rate20252024
Weighted-average remaining lease term (years)
Operating leases 4.04.3
Finance leases9.510.4
Weighted-average discount rate
Operating leases6.9%6.6%
Finance leases8.1%7.6%
Supplemental cash flow information related to operating and finance leases was as follows (in thousands):
Year Ended December 31,
202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$20,733 $33,632 $20,646 
Operating cash outflows from finance leases868 830 835 
Financing cash outflows from finance leases370 442 377 
Non-cash operating activities:
Operating lease assets obtained in exchange for new operating lease liabilities$24,386 $25,819 $9,953 
De-recognition of operating lease asset on lease assignment / termination2,342 19,877 4,169 
De-recognition of operating lease liability on lease assignment / termination2,300 21,297 4,457 
De-recognition of finance lease asset on lease assignment / termination903 — — 
De-recognition of finance lease liability on lease assignment / termination1,023 — — 
Maturities of operating and finance lease liabilities were as follows (in thousands):
Year Ending December 31,Operating LeasesFinance Leases
2026$18,031 $765 
202715,851 681 
202813,375 512 
20298,684 512 
20306,604 512 
Thereafter16,678 2,647 
Total lease payments79,2235,629
Less imputed interest(14,053)(1,750)
Present value of lease liabilities$65,170 $3,879 
Leases Leases
We have noncancelable leases for our buildings and growing facilities and we are obligated to make payments under noncancelable operating leases for automobiles used by our sales force.
The components of the lease expense for the years ended December 31, 2025, 2024 and 2023 were as follows (in thousands):
Year Ended December 31,
Lease Cost202520242023
Operating lease cost$23,922 $22,209 $19,394 
Short-term lease cost7,485 7,441 6,290 
Variable lease cost242 789 81 
Sublease income(1,047)(472)(22)
Finance Lease Cost
Amortization of leased asset490 413 481 
Interest on lease liabilities370 442 377 
Net lease cost$31,462 $30,822 $26,601 
Supplemental balance sheet information related to operating and finance leases was as follows (in thousands):
December 31,
LeasesClassification20252024
Assets
Operating lease assetsOperating lease assets$58,880 $53,582 
Finance lease assetsProperty, plant and equipment2,804 3,917 
Total lease assets$61,684 $57,499 
Liabilities
Current
  Operating lease liabilitiesAccrued liabilities$14,278 $14,331 
Finance lease liabilitiesAccrued liabilities439 448 
Non-current
  Operating lease liabilitiesOperating lease liabilities, less current portion50,892 38,938 
Finance lease liabilitiesOther non-current liabilities3,440 4,561 
Total lease liabilities$69,049 $58,278 
December 31,
Lease Term and Discount Rate20252024
Weighted-average remaining lease term (years)
Operating leases 4.04.3
Finance leases9.510.4
Weighted-average discount rate
Operating leases6.9%6.6%
Finance leases8.1%7.6%
Supplemental cash flow information related to operating and finance leases was as follows (in thousands):
Year Ended December 31,
202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$20,733 $33,632 $20,646 
Operating cash outflows from finance leases868 830 835 
Financing cash outflows from finance leases370 442 377 
Non-cash operating activities:
Operating lease assets obtained in exchange for new operating lease liabilities$24,386 $25,819 $9,953 
De-recognition of operating lease asset on lease assignment / termination2,342 19,877 4,169 
De-recognition of operating lease liability on lease assignment / termination2,300 21,297 4,457 
De-recognition of finance lease asset on lease assignment / termination903 — — 
De-recognition of finance lease liability on lease assignment / termination1,023 — — 
Maturities of operating and finance lease liabilities were as follows (in thousands):
Year Ending December 31,Operating LeasesFinance Leases
2026$18,031 $765 
202715,851 681 
202813,375 512 
20298,684 512 
20306,604 512 
Thereafter16,678 2,647 
Total lease payments79,2235,629
Less imputed interest(14,053)(1,750)
Present value of lease liabilities$65,170 $3,879