XML 41 R30.htm IDEA: XBRL DOCUMENT v3.23.2
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Additional Leases Information See below for additional information about the Company’s leases.

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

($ in thousands)

 

2023

 

2022

 

2023

 

2022

Supplemental Income Statement Information:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease cost

 

 $

6,159

 

 

 $

5,627

 

 

 $

11,739

 

 

 $

11,224

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Supplemental Cash Flow Information:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net operating cash inflows/(outflows) for operating leases

 

 $

(6,332)

 

 

 $

5,636

 

 

 $

(12,414)

 

 

 $

(131)

 

Right-of-use assets obtained in exchange for lease obligations (e.g. new leases and amendments commenced during the period)

 

 $

15,919

 

 

 $

1,951

 

 

 $

16,968

 

 

 $

1,951

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Information:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term - operating leases

 

12.26

years

 

 

13.09

 years

 

 

12.26

 years

 

 

13.09

 years

Weighted-average discount rate - operating leases

 

3.74

%

 

 

3.51

 %

 

 

3.74

%

 

 

3.51

%

Schedule of Future Sublease Income and Maturities of Our Operating Lease Liabilities

As of June 30, 2023, the future sublease income and maturities of our operating lease liabilities are as follows:

Fiscal year ended

 

Sublease Income

 

Operating Leases

Remainder of 2023

 

$

(422)

 

$

10,586

2024

 

 

(844)

 

 

22,606

2025

 

 

(422)

 

 

20,855

2026

 

 

 

 

19,625

2027

 

 

 

 

18,643

Thereafter

 

 

 

 

164,122

Total Payments

 

$

(1,688)

 

$

256,437

 

 

 

 

 

 

 

Less: Tenant improvement allowances

 

 

(2,405)

Less: Present value adjustment

 

 

(52,915)

Total

 

$

201,117