Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Schedule of Components of Lease Expense

The following table presents the components of lease expense for the three and nine months ended September 30, 2023 and 2022:

		Three Months Ended September 30,				Nine Months Ended September 30,
Lease cost:	Classification	2023		2022		2023		2022
		(In thousands)
Operating lease cost	Occupancy	$	2,941	$	3,274	$	8,934	$	9,929
Operating lease cost for subleased/assigned properties	Other, net		—		—		—		469
Variable lease costs	Occupancy		341		49		739		60
Sublease income subleased/assigned properties	Other, net		—		—		—		(405	)
Net lease cost		$	3,282	$	3,323	$	9,673	$	10,053

Summary of Weighted Average Remaining Lease Term and Discount Rate

The weighted average remaining lease term and weighted average discount rate are as follows:

	As of
Lease Term and Discount Rate	September 30, 2023			December 31, 2022
Weighted average remaining lease term (in years)		10.0			10.6
Weighted average discount rate		6.0	%		5.9	%

Schedule of Maturity of Lease Liabilities

The following table presents the maturity of lease liabilities as of September 30, 2023:

	(In thousands)
Remainder of 2023	$	2,803
2024		11,782
2025		11,598
2026		11,103
2027		8,747
2028 and thereafter		59,838
Total lease payments		105,871
Less: imputed interest		26,702
Present value of lease liabilities	$	79,169