v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease, Cost
The components of lease expense for the three and six months ended June 30, 2026 and 2025 were as follows:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2026202520262025
Finance lease cost:
Amortization of right-of-use assets$13,496 $13,814 $27,057 $27,405 
Interest on lease liabilities4,714 5,054 9,756 10,090 
Operating lease cost6,467 9,011 15,848 17,734 
Variable lease cost1,665 1,485 3,798 3,045 
Short-term lease cost755 770 1,507 1,780 
Total lease cost, net$27,097 $30,134 $57,966 $60,054 
Schedule of Lessee, Supplemental Cash Flow Information
Supplemental cash flow and other information related to leases for the three and six months ended June 30, 2026 and 2025 were as follows:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2026202520262025
Cash paid for amounts included in measurement of liabilities:
Operating leases$7,592 $8,446 $16,607 $17,263 
Finance leases28,097 21,596 55,232 44,286 
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases5,788 6,042 8,298 14,306 
Finance leases6,961 22,968 7,778 50,624 
Schedule of Lease Term and Discount Rate, Lessee
Lease terms and discount rates as of June 30, 2026 and December 31, 2025 were as follows:
June 30, 2026December 31, 2025
Weighted-average remaining lease term:
Operating leases4.04.1
Finance leases2.52.9
Weighted-average discount rate:
Operating leases8.0 %7.6 %
Finance leases6.8 %6.9 %
Schedule of Lessee, Operating Lease, Liability, Maturity
Future minimum lease commitments as of June 30, 2026 are as follows:
($ in thousands)FinanceOperating
Remainder of 2026$79,705 $11,583 
202787,432 20,208 
202887,624 12,272 
202948,974 8,725 
20304,508 4,455 
Thereafter— 7,972 
Total lease payments308,243 65,215 
Less imputed interest44,028 8,175 
Total$264,215 $57,040 
Schedule of Finance Lease, Liability, Maturity
Future minimum lease commitments as of June 30, 2026 are as follows:
($ in thousands)FinanceOperating
Remainder of 2026$79,705 $11,583 
202787,432 20,208 
202887,624 12,272 
202948,974 8,725 
20304,508 4,455 
Thereafter— 7,972 
Total lease payments308,243 65,215 
Less imputed interest44,028 8,175 
Total$264,215 $57,040 
Schedule of Carrying Value of Assets Subject to Leases
The carrying amount of lease equipment, included in property, plant and equipment, that are leased to others under an operating lease or are available to lease as of June 30, 2026 and December 31, 2025 were as follows:
($ in thousands)June 30, 2026December 31, 2025
Equipment leased to others - at original cost$158,268 $158,716 
Less: Accumulated depreciation(67,497)(59,299)
Equipment leased to others - net$90,771 $99,417 
Schedule of Lessor, Operating Lease, Payment to be Received, Maturity
Future payments receivable for long-term non-cancelable operating leases as of June 30, 2026 are as follows:
($ in thousands)
Remainder of 2026$520 
2027— 
2028— 
2029— 
2030— 
Thereafter— 
Total$520