Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Schedule of Lease Cost

The Company recognized the following lease costs in the accompanying condensed consolidated statement of income:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(in thousands)				(in thousands)
Operating lease expense	$	1,606	$	1,336	$	4,454	$	3,256
Short-term lease expense	106		4		143		14
Variable lease expense	260		212		750		501
Total lease expense	$	1,972	$	1,552	$	5,347	$	3,771

Schedule of Supplemental Information Related to Operating Leases

The following table presents supplemental information related to operating leases:

	September 30, 2023		December 31, 2022
Weighted average remaining lease term	4.41 years		4.27 years
Weighted average discount rate	5.8	%	5.3	%

	Nine Months Ended September 30,
	2023		2022
	(in thousands)
Cash paid for amounts included in measurement of lease obligations:
Operating cash flows from operating leases	$	4,129	$	3,120

Schedule of Future Lease Payments Under Operating Leases

As of September 30, 2023, future lease payments under operating leases were as follows:

	(in thousands)
2023 (remainder)	$	1,544
2024	5,254
2025	3,928
2026	4,044
2027	2,711
Thereafter	2,885
Total future lease payments	20,366
Less: imputed interest	2,573
Total lease liability balance	$	17,793