Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Leases

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Leases
 12 Months Ended
Dec. 31, 2024
Disclosure Text Block [Abstract]  
Leases
Note 16. Leases
The Company’s operating lease expenses are recognized on a straight-line basis. Operating lease cost for the years ended December 31, 2024, 2023 and 2022, were as follows:
December 31,
2024 2023 2022
(U.S. $ in thousands)
Operating lease cost:
Fixed payments and variable payments that depend on an index or rate $ 8,444  $ 10,090  $ 8,951 
Total operating lease cost $ 8,444  $ 10,090  $ 8,951 
Cash flow and other information related to operating leases were as follows:
December 31,
2024 2023 2022
(U.S. $ in thousands)
Cash paid for amounts included in the measurement of lease liabilities $ 7,272  $ 8,885  $ 8,372 
Right-of-use assets obtained in exchange for new operating lease liabilities $ 20,808  $ 7,142  $ 12,057 
December 31,
2024 2023 2022
(U.S. $ in thousands)
Weighted-average remaining lease term — operating leases 11.80 years 4.73 years 4.11 years
Weighted-average discount rate — operating leases 5.56% 4.47% 4.17%
Maturities of operating lease liabilities were as follows:
December 31,
2024
(U.S. $ in thousands)
2025 $ 7,321 
2026 6,004 
2027 3,964 
2028 3,600 
2029 / and thereafter 27,254 
Total operating lease payments 48,143 
Less: imputed interest (16,053)
Present value of lease liabilities
 $ 32,090