Leases (Tables)

12 Months Ended

Dec. 31, 2023

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,
		2023		2022
	Classification on the Balance Sheet	(In thousands)
Assets
Operating lease assets	Other long-term assets	$	30,650	$	34,504
Total lease assets		$	30,650	$	34,504
Liabilities
Current liabilities:
Operating lease liabilities	Current lease liabilities	$	5,423	$	6,784
Noncurrent liabilities:
Operating lease liabilities	Other long-term liabilities	$	25,713	$	27,785
Total lease liabilities		$	31,136	$	34,569

Schedule of lease costs

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

	Year Ended December 31,
	2023		2022		2021
	(In thousands)
Operating lease cost		9,688		10,047		9,848
Short-term lease cost		150		596		593
Variable lease cost		39		115		143
Total lease cost	$	9,877	$	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,
	2023		2022		2021
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	9,688	$	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,
	2023		2022
Weighted-average remaining lease term - operating leases		6.44		6.96
Weighted-average discount rate - operating leases		6.82%		6.81%

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, 2023
	(In thousands)
2024	$	7,614
2025		7,044
2026		6,966
2027		5,518
2028		2,455
Thereafter		8,539
Total undiscounted lease liability		38,136
Less: amount of lease payments representing interest		(7,000)
Long-term lease obligations	$	31,136