XML 53 R40.htm IDEA: XBRL DOCUMENT v3.22.4
Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Leases Recorded on the Balance Sheet
Leases recorded on the balance sheet consist of the following (in thousands):
LeasesDecember 31, 2022December 31, 2021
 Assets
 Operating lease right of use asset$24,342 $27,764 
 Liabilities
 Operating lease - current$4,208 $4,610 
 Operating lease - non-current$20,043 $25,140 
Other Information Related to Lease Term and Discount Rate
Other information related to lease term and discount rate is as follows:
December 31, 2022
 Operating leases weighted average remaining lease term (in years)7.7 years
 Operating leases weighted average discount rate3.13 %
Components of Lease Expense
The components of lease expense are as follows (in thousands):
Year Ended
December 31, 2022December 31, 2021December 31, 2020
Operating lease cost$5,098 $5,185 $4,389 
Short-term lease cost121 141 124 
Sublease income(423)(220) — 
 Total net lease cost$4,796 $5,106 $4,513 
Maturities of Operating Lease Liabilities
Undiscounted maturities of operating lease payments as of December 31, 2022 are summarized as follows (in thousands):
2023$4,635 
20243,980 
20253,377 
20262,988 
20272,915 
Thereafter9,341 
 Total future minimum lease payments$27,236 
 Less: amount representing interest(2,985)
 Present value of future minimum lease payments$24,251