Leases (Tables)

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

Amounts Reported in Unaudited and Audited Condensed Consolidated Balance Sheets for Operating Leases

Amounts reported on the Company’s Unaudited Condensed Consolidated Balance Sheets for operating leases were as follows:

	March 31, 2023		December 31, 2022
	(Amounts in Thousands)
Operating lease assets, net	$	47,049	$	38,980
Short-term operating lease liabilities (in accrued expenses)		11,099		10,801
Long-term operating lease liabilities		42,994		35,479
Total operating lease liabilities	$	54,093	$	46,280

Components of Lease Costs Reported in General and Administrative Expenses in Unaudited Condensed Consolidated Statements of Income

Components of lease costs were reported in general and administrative expenses in the Company’s Unaudited Condensed Consolidated Statements of Income as follows:

	For the Three Months Ended March 31,  (Amounts in Thousands)
	2023			2022
Operating lease costs	$	3,042		$	2,801
Short-term lease costs		416			751
Total lease costs		3,458			3,552
Less: sublease income		(700	)		(177	)
Total lease costs, net	$	2,758		$	3,375

Schedule of Weighted Average Remaining Lease Terms and Discount Rates

Weighted average remaining lease terms and discount rates were as follows:

	March 31, 2023			December 31, 2022
Operating leases:
Weighted average remaining lease term		6.68			5.82
Weighted average discount rate		5.04	%		3.98	%

Summary of Remaining Operating Lease Payments

Remaining operating lease payments as of March 31, 2023 were as follows:

	Operating Leases
	(Amounts in Thousands)
Due in the 12-month period ended March 31,
2024	$	13,454
2025		11,420
2026		8,226
2027		6,471
2028		5,262
Thereafter		20,218
Total future minimum rental commitments		65,051
Less: Imputed interest		(10,958	)
Total lease liabilities	$	54,093

Supplemental Cash Flows Information

	For the Three Months Ended March 31,
	(Amounts in Thousands)
	2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	3,374	$	3,194
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	10,836	$	9,199