XML 33 R16.htm IDEA: XBRL DOCUMENT v3.22.4
Leases
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Leases LEASES
Right of Use Assets and Liabilities
The following table summarizes quantitative information pertaining to the Company’s finance and operating leases.
Year ended December 31,
In thousands202220212020
Lease Cost
Operating lease cost$11,939 $12,585 $12,036 
Short-term operating lease cost$10,573 $11,219 $8,055 
Finance Lease Cost:
Amortization of leased assets$21,571 $21,685 $23,921 
Interest on lease liabilities5,084 4,632 3,634 
Total finance lease cost$26,655 $26,317 $27,555 
Supplemental cash flow information related to leases was as follows:
Year ended December 31,
In thousands202220212020
Other Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$22,511 $24,009 $21,348 
Operating cash flows from finance leases5,084 $4,632 $3,634 
Financing cash flows from finance leases$31,316 $31,544 $25,984 
Supplemental balance sheet information related to leases was as follows:
In thousandsDecember 31, 2022December 31, 2021
Operating Leases
Other assets, non-current$24,603 $30,987 
Accrued liabilities and other11,560 11,301 
Other long-term liabilities14,946 18,660 
Total operating lease liabilities$26,506 $29,961 
Finance Leases
Property and equipment, gross$148,174 $115,597 
Accumulated depreciation(80,336)(63,879)
Property and equipment, net$67,838 $51,718 
Debt, current$24,578 $29,821 
Debt, non-current42,143 24,407 
Total finance lease liabilities$66,721 $54,228 
Weighted Average Remaining Lease Term
Weighted-average remaining lease term - finance leases1.761.62
Weighted-average remaining lease term - operating leases4.443.17
Weighted Average Discount Rate
Weighted-average discount rate - finance leases5.21 %5.08 %
Weighted-average discount rate - operating leases5.24 %5.20 %
Minimum future lease payments under finance and operating leases with terms longer than one year are as follows:
As of December 31, 2022 (In thousands)
Operating leases Finance leases
2023$11,869 $25,999 
20249,710 19,452 
2025696 16,839 
2026713 8,429 
2027847 1,821 
Thereafter6,503 — 
Total$30,338 $72,540 
Less: imputed interest(3,832)(5,819)
Net lease obligation$26,506 $66,721 
Leases LEASES
Right of Use Assets and Liabilities
The following table summarizes quantitative information pertaining to the Company’s finance and operating leases.
Year ended December 31,
In thousands202220212020
Lease Cost
Operating lease cost$11,939 $12,585 $12,036 
Short-term operating lease cost$10,573 $11,219 $8,055 
Finance Lease Cost:
Amortization of leased assets$21,571 $21,685 $23,921 
Interest on lease liabilities5,084 4,632 3,634 
Total finance lease cost$26,655 $26,317 $27,555 
Supplemental cash flow information related to leases was as follows:
Year ended December 31,
In thousands202220212020
Other Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$22,511 $24,009 $21,348 
Operating cash flows from finance leases5,084 $4,632 $3,634 
Financing cash flows from finance leases$31,316 $31,544 $25,984 
Supplemental balance sheet information related to leases was as follows:
In thousandsDecember 31, 2022December 31, 2021
Operating Leases
Other assets, non-current$24,603 $30,987 
Accrued liabilities and other11,560 11,301 
Other long-term liabilities14,946 18,660 
Total operating lease liabilities$26,506 $29,961 
Finance Leases
Property and equipment, gross$148,174 $115,597 
Accumulated depreciation(80,336)(63,879)
Property and equipment, net$67,838 $51,718 
Debt, current$24,578 $29,821 
Debt, non-current42,143 24,407 
Total finance lease liabilities$66,721 $54,228 
Weighted Average Remaining Lease Term
Weighted-average remaining lease term - finance leases1.761.62
Weighted-average remaining lease term - operating leases4.443.17
Weighted Average Discount Rate
Weighted-average discount rate - finance leases5.21 %5.08 %
Weighted-average discount rate - operating leases5.24 %5.20 %
Minimum future lease payments under finance and operating leases with terms longer than one year are as follows:
As of December 31, 2022 (In thousands)
Operating leases Finance leases
2023$11,869 $25,999 
20249,710 19,452 
2025696 16,839 
2026713 8,429 
2027847 1,821 
Thereafter6,503 — 
Total$30,338 $72,540 
Less: imputed interest(3,832)(5,819)
Net lease obligation$26,506 $66,721