Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Summary of Lease Costs, Weighted Average Remaining Lease Term, Discount Rate and Supplemental Cash Flow Information for All Operating Leases

Lease costs for the year ended December 31, 2022 and December 31, 2021 were as follows:

	For the Year Ended
(amounts in thousands)	December 31, 2022		December 31, 2021
Operating lease costs	$	6,776	$	7,611
Variable lease costs		342		405
Short-term lease costs		415		430

The weighted average remaining lease term and discount rate for all operating leases as of December 31, 2022 are as follows:

	December 31, 2022
Weighted average remaining lease term (years)		5.34
Weighted average remaining discount rate		3.85	%

Supplemental cash flow information related to the Company’s operating leases for 2022 is as follows:

(amounts in thousands)	December 31, 2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash outflow from operating leases		6,776
Right-of-use assets obtained in exchange for new operating lease liabilities		4,076

Summary of Maturities of Lease Liabilities for Operating Liabilities

Maturities for the Company’s lease liabilities for all operating leases as of December 31, 2022 are as follows:

Year	Total Operating Leases
(amounts in thousands)
2023	$	5,997
2024		4,351
2025		3,170
2026		2,240
2027		1,235
2028 & thereafter		3,555
Total undiscounted operating lease payments		20,548
Less: Interest		(2,177	)
Total present value of operating lease liabilities	$	18,371