XML 46 R32.htm IDEA: XBRL DOCUMENT v3.22.4
Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Components of Lease Cost

The components of lease cost were as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Operating lease cost

 

$

13,403

 

 

$

13,754

 

 

$

13,412

 

 

 

 

 

 

 

 

 

 

 

Finance lease cost:

 

 

 

 

 

 

 

 

 

Amortization of ROU assets

 

$

266

 

 

$

440

 

 

$

634

 

Interest on lease liabilities

 

 

6

 

 

 

18

 

 

 

32

 

Total finance lease cost

 

$

272

 

 

$

458

 

 

$

666

 

Schedule of Supplemental Balance Sheet Information Related to Lease Liabilities

Supplemental balance sheet information related to lease liabilities was as follows:

 

 

December 31,

 

(in thousands, except lease term and discount rate)

2022

 

 

2021

 

Operating leases:

 

 

 

 

 

Operating lease ROU assets

$

33,601

 

 

$

28,494

 

 

 

 

 

 

 

Current portion of operating lease liabilities

$

10,396

 

 

$

9,933

 

Operating lease liabilities, net of current portion

 

24,065

 

 

 

19,550

 

Total operating lease liabilities

$

34,461

 

 

$

29,483

 

 

 

 

 

 

 

Weighted average remaining lease term

3.4

 

 

3.8

 

Weighted average discount rate

 

3.8

%

 

 

4.3

%

 

 

 

 

 

 

Finance leases:

 

 

 

 

 

Property and equipment

$

2,122

 

 

$

2,532

 

Accumulated depreciation

 

(2,054

)

 

 

(2,151

)

Property and equipment, net

$

68

 

 

$

381

 

 

 

 

 

 

 

Other accrued expenses and current liabilities

$

77

 

 

$

195

 

Other long-term liabilities

 

15

 

 

 

146

 

Total finance lease liabilities

$

92

 

 

$

341

 

 

 

 

 

 

 

Weighted average remaining lease term

 

1.0

 

 

 

1.5

 

Weighted average discount rate

 

2.7

%

 

 

2.9

%

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows (in thousands):

 

 

Year Ended December 31,

 

 

2022

 

 

2021

 

 

2020

 

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

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

$

(12,949

)

 

$

(12,058

)

 

$

(11,875

)

Operating cash flows from finance leases

$

(6

)

 

$

(18

)

 

$

(32

)

Financing cash flows from finance leases

$

(242

)

 

$

(407

)

 

$

(456

)

 

 

 

 

 

 

 

 

 

ROU assets obtained in exchange for lease obligations:

 

 

 

 

 

 

 

 

Operating leases

$

12,455

 

 

$

6,577

 

 

$

11,713

 

Finance leases

 

 

 

$

9

 

 

$

118

 

Schedule of Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of December 31, 2022, were as follows (in thousands):

 

Year ending December 31,

 

 

2023

$

12,177

 

2024

 

8,832

 

2025

 

5,996

 

2026

 

4,696

 

2027

 

2,739

 

Thereafter

 

6,617

 

Total lease payments

 

41,057

 

Less: imputed interest

 

6,596

 

Total operating lease liabilities

$

34,461