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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases  
Schedule of lease related assets and liabilities

The table below presents the lease related assets and liabilities recorded on our condensed consolidated balance sheet:

    

Year Ended December 31,

2022

 

2021

Classification on the Balance Sheet

(In thousands)

Assets

Operating lease assets

Other long-term assets

$

34,504

$

23,049

Total lease assets

$

34,504

$

23,049

Liabilities

Current liabilities:

Operating lease liabilities

Current lease liabilities

$

6,784

$

5,422

Noncurrent liabilities:

Operating lease liabilities

Other long-term liabilities

$

27,785

$

18,722

Total lease liabilities

$

34,569

$

24,144

Schedule of lease costs

The table below presents certain information related to the lease costs for our operating leases:

Year Ended

December 31,

    

2022

2021

 

(In thousands)

Operating lease cost

$

10,047

$

9,848

Short-term lease cost

 

596

 

593

Variable lease cost

 

115

 

143

Total lease cost

$

10,758

$

10,584

Summary of supplemental cash flow information related to leases

The table below presents supplemental cash flow information related to leases:

Year Ended December 31,

    

2022

    

2021

    

(In thousands)

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows for operating leases

$

10,047

$

9,848

Summary of lease terms and discount rates

The table below presents certain information related to the weighted average remaining lease terms and weighted average discount rates for our operating leases:

    

Year Ended December 31,

    

2022

 

2021

Weighted-average remaining lease term - operating leases

6.96

8.6

Weighted-average discount rate - operating leases

6.81%

6.19%

Schedule of undiscounted cash flows for operating lease liabilities

The table below reconciles the undiscounted cash flows for each of the first five years and the total remaining years to the operating lease liabilities recorded on the condensed consolidated balance sheet:

    

December 31, 2022

 

    

(In thousands)

 

2023

$

8,927

2024

 

6,540

2025

 

5,993

2026

 

5,965

2027

 

4,705

Thereafter

 

11,063

Total undiscounted lease liability

43,193

Less: amount of lease payments representing interest

(8,624)

Long-term lease obligations

$

34,569